Assemblyman Harvey Weisenberg (D-Long Beach) announced that the 2012-13 state budget will provide $4.8 million in aid to Long Beach, along with an additional $2.8 million in school aid for the Long Beach School District.
“With the economy in its current state, localities need assistance to stay afloat,” Assemblyman Weisenberg said. “With the passage of the budget, the state has invested in Long Beach, providing the city with much needed assistance.”
Of the $4.8 million that Long Beach is receiving, $3.2 million will come in the form of Aid and Incentives for Municipalities (AIM) payments. Under the final state budget, Long Beach may also request an additional $1.4 million advance on municipal aid. “Long Beach is currently facing a deficit and I am pleased to have been able to secure some of the funding necessary to help bridge that gap,” Weisenberg added.
Assemblyman Weisenberg noted that the state budget also provides $2.8 million in additional school aid for Long Beach schools, helping provide our children with the best possible education and better preparing our students for the jobs of the future.
“It is vital that we are providing our children with the best education possible,” Assemblyman Weisenberg said. “This school aid will allow us to update and improve our schools while easing the tax burden on homeowners.”
Long Beach will also receive funding for various infrastructure projects, including $363.1 million for the Consolidated Local Street and Highway Improvement Program (CHIPS), which assists local governments in financing construction, reconstruction or improvement of highways and bridges.