BILL NUMBER:  AB 2663
  VETOED	DATE: 09/29/2010




To the Members of the California State Assembly:

I am returning Assembly Bill 2663 without my signature.

I am concerned that this bill could make the state's General Fund
cash situation more dire should it become necessary to delay payments
to local governments in future years.  Vendors, schools, child care
providers and many others suffer when the state runs short of cash.
It is not unreasonable for local road fund payments to be delayed a
few months when other payments are delayed.

There is no reason to single out cities that adopt a particular
budget calendar for relief.  Since the potential for the delays was
known in advance of local budget adoption, these cities can make
appropriate cash management plans.

For these reasons I am unable to sign this bill.

Sincerely,



Arnold Schwarzenegger