LOCAL PUBLIC HEALTH AND SAFETY FINANCING. LOCAL FUNDS AND REVENUES. INITIATIVE CONSTITUTIONAL AMENDMENT.

LOCAL PUBLIC HEALTH AND SAFETY FINANCING. LOCAL FUNDS AND REVENUES. INITIATIVE CONSTITUTIONAL AMENDMENT. Provides for determination of base amount of funds and revenues available to cities, counties and special districts for appropriation for public health and safety services. Excludes redevelopment agencies, school or community college districts. Provides annual adjustment to base amount based on cost of living and population. Requires each local government to file annual report of base amount with State Controller. Prohibits Legislature and state agencies from reducing base amount of local funds and revenues available for local public health and safety services. Requires public financial accountability processes. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: This initiative would have the following major fiscal effects: (1) Significant restrictions on state authority over local government finances; and (2) Higher local resources than otherwise would have been the case - potentially several billions of dollars annually. Commensurate fiscal impact on the state, in the form of reduced spending on non-local government programs and/or higher state taxes