AC TRANSIT DISTRICT GM Memo No. 07-225 Board of Directors ...

eimburse the general fund for debt service payments on
transportation bonds. The Governor vetoed a portion of the fund
transfer due to technical errors in the implementing language. AB
193 restores the veto and corrects the errors.
SB 193 also eliminates duplicative reporting requirements for the
Local Street and Road program in Prop 1B. The implementation
language in SB 88 required cities and counties to follow a more
general reporting requirement as well as a reporting process that
applied only to the local street and road program. SB 193
eliminates the requirement for cities and counties to follow the
general reporting requirements.
AB 196 (Committee
on Budget)
E-09/10/2007
Transportation bond Signed Into Law AC Transit-Watch
funds: cities and
counties.
Chapter 314, Statutes
of 2007
NOTE: This bill cleans-up the implementation language for the
Local Street and Road program in Prop 1B. The budget
appropriated $950 million for this program. AB 196 specifies that
$400 million shall be allocated to counties and $550 million to
cities, which is consistent with the original appropriation request
for this program.
With this appropriation, a total of $600 million will remain for
future appropriation to counties and a total of $450 million will
remain for future appropriation to cities.
AB 490 (Hancock)
C-09/11/2007
Local government: Signed Into Law AC Transit-Sponsor
public utility districts:
Alameda-Contra Chapter 213, Statutes
Costa Transit of 2007
District: San
Francisco Bay Area
Rapid Transit
District:
compensation of
directors.
NOTE: As you know, the Governor signed AB 490 into law. The
provisions of this bill take affect on January 1, 2008.
As signed into law, AB 490 increased the compensation rate for
AC Transit’s board from $500 to $1,000 per month if specified
attendance requirements are met. In addition, the bill allows the
Board to adjust the compensation rate for inflation. The bill also
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