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gmbond -- Prop 1B/Goods Movement Update

Posted: 04 Feb 2009 17:23:31
This email provides an update on implementation of the
Proposition 1B Goods Movement Emission Reduction Program,
including the tentative schedule for upcoming Air Resources Board
(ARB) meetings. This information and new resource documents are
available on our website at:  http://www.arb.ca.gov/gmbond.

State funding for bond programs remains suspended pending
effective resolution of the current fiscal year budget crisis and
a restoration of the State’s ability to access the bond market. 
This affects the 1st round of $250 million in Fiscal Year 2007-08
funds awarded to local agencies under the Goods Movement Program.
 Although funds are appropriated to ARB as part of the State
budget process, ARB must obtain the cash through the Pooled Money
Investment Board.  This Investment Board makes the decisions
about how to raise funds for the State’s bond programs.    

In December 2008, ARB staff instructed local agencies
implementing Prop 1B grants that these agencies must suspend
entering into new contracts with equipment owners that would be
funded from Prop 1B grant monies or expending funds for signed
contracts because ARB is not authorized to approve payments until
we have access to funds to cover the Prop 1B Program.  This
direction remains in effect.

However, we are proceeding with the steps necessary to update
the Program Guidelines and award the 2nd $250 million in Fiscal
Year 2008-09 funds to local agencies so the Program can continue
once bond funds are available.  The Governor’s proposed budget
for Fiscal Year 2009-10 includes the 3rd installment of $250
million for this Program as well.

ARB staff is developing the proposed updates to the Program
Guidelines, based on the November concept paper and public
comments, plus additional changes in response to approval of the
Statewide Truck and Bus Rule.  We are planning to release the
formal proposal in late February or early March, followed by
Board consideration at a public hearing on March 26 at our
Sacramento headquarters.  At that hearing, staff will also seek
Board approval to amend the existing grant agreements with local
agencies for Fiscal Year 2007-08 funds.  We need to modify the
grant deadlines because of the funding delay and implement other
changes requested by local agencies.

Based on this schedule, we expect to request local agency
applications in April for the 2nd round of Fiscal Year 2008-09
funds.  We will then follow the same process as last year with a
preliminary staff proposal for funding awards, public workshops,
and Board consideration on June 25.  The timing for equipment
owners to access these funds through local agencies will depend
on the availability of bond funding.     

If you have questions, please contact us at (916) 44-GOODS or
gmbond@arb.ca.gov.

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