Legislation Allows Orange County to Maintain a Balanced Budget and Avoid Further Cuts
(SACRAMENTO)—Assemblywoman Sharon Quirk-Silva (D- Fullerton) will introduce tomorrow Assembly Bill (AB) 701 to settle a long-term Vehicle License Fee Adjustment Amount (VLFAA) formula dispute between Orange County and the State of California, thus restoring critical county funds and preventing drastic budget cuts. AB 701 will allow Orange County to receive the same dollar-for-dollar amount of VLFAA property tax revenue as all other 57 California counties.
“AB 701 is a bipartisan solution that ensures continued budget stability for Orange County and prevents additional cuts to county public safety programs in this fiscal year,” said Assemblywoman Quirk-Silva. “The entire Orange County Delegation of legislators has already pledged their support and I am confident that the rest of my colleagues will follow suit.”
Source: Assemblywoman Sharon Quirk-Silva