New Law: HB 2620 Budget Adjustments; FY 2007-2008

This bill is NOT the most recently enacted budget but the budget changes/fixes that we voted on earlier this year to address the $1.8 Billion Dollar shortfall for the fiscal year that ended this past June. This bill revises the FY 2007-2008 budget.

• $4.1 Million revents to the GF (general fund) from the State Lake Improvement Fund
• $18.1 Million revents to the GF from the State Aviation Fund
• $1 Million from the FY 07 Appropriation for the Yuma Welcome Center reverts to the GF
• $1.5 Million from the 2006 conditional appropriation for the Yuma Welcome Center reverts to the GF
• $42 Million appropriated from the State Highway Fund to the Statewide Transportation Acceleration Needs Account (STAN) is now transferred to the Department of Public Safety for Highway Patrol costs.