Many years of hard work and investment with all of our partners and friends has paid off!
Late today, the State Budget Conference Committee approved an agreement reached between the Legislature and the Governor for the expenditure of cap and trade revenue for Fiscal Year 2014-15 as well as an expenditure plan for future years, starting in Fiscal Year 2015-16.
For FY 2014-15, the agreement proposes $17 million to CalFire for Urban Forestry. Future years will appropriate 40% of cap and trade revenues to natural resources, low carbon transportation, energy efficiency and other programs through the budget process or legislation.
This is a tremendous win for the Urban Forestry Community!
Both Houses will vote on the Budget by June 15th and then it will go to the Governor for signature.
Stay tuned for more details as they unfold!