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City of Hermosa Beach --- 06-22-99
LETTER TO GOVERN DAVIS SUPPORTING THE LOCAL GOVERNMENT FINANCE PROVISIONS IN THE STATE BUDGET Recommendation:
Background:
The State budget for the first time since the State took a significant amount of property tax in 1993 has a plan to begin restoring this revenue source to local government. The attached letter from Assemblymember George Nakano details the program. The next step is to get the Governor to support it once the budget is presented to him. A letter expressing the City's support would be helpful.
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