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State budget shortfall forces talks over timing of Proposition 130 funding, Englewood officials told

2258189 · February 5, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Jeff, chair of the Joint Budget Committee, told Englewood City officials the state faces a roughly $1 billion shortfall and said there is no statutory requirement to spend all Proposition 130 money this year; timing and funding sources remain under discussion.

Jeff, chair of the Joint Budget Committee, told Englewood City elected officials and staff that the state is preparing to cut about $1 billion from its budget and that the timing of funds tied to Proposition 130 remains under discussion. “No delay,” he said, adding that “there's nothing in 130 that says $350,000,000 has to be spent this year.”

Why it matters: Englewood city officials raised Prop 130 during a briefing because local projects and programs could depend on the state funding the measure would authorize. City representatives asked for clarity on whether the city should expect money this fiscal year or whether disbursement would be phased.

Details from the briefing: Jeff told the group he is chairing the Joint Budget Committee and that the state general fund is approximately $16,500,000,000; “we are cutting a billion dollars,” he said. He described early-stage conversations among budget negotiators and advocates about how to phase in Proposition 130 spending so that obligations align with the current shortfall. He named Barb Kirkmire as a participant remaining “highly involved in all of the conversations” about how the proposition’s funds would be handled.

Jeff emphasized the timing is still unsettled and that while some components tied to ballot measures are being worked through now, the budget committee and measure proponents are still negotiating options for pacing payments. He said one element described as “for new guys” would be taken care of this year, but how the rest is funded is “still up in the air.”

What city officials said: City staff asked for more context about enactment and whether the city should plan for immediate receipt of funds. The exchange closed with an agreement that state budget staff and Englewood officials would remain in contact as the Joint Budget Committee’s discussions proceed.

Next steps: City officials said they will follow up with Jeff and the Joint Budget Committee as the state budget process advances to get specific timing and funding guidance for Englewood projects.