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Wednesday, May 30, 2012

Two Ca Governors Take 911 memorial plate Funds

The Sept. 11 memorial license plate fund the state borrowed from was supposed to finance scholarships for children whose parents perished in the attacks.

Elizabeth Ashford, a spokeswoman for the governor, said Tuesday that the  governor had no plans to return $3 million taken by Brown and former Gov. Arnold Schwarzenegger from one of the specialty plate funds, a memorial plate created in honor of the victims of the 2001 terrorist attacks.

The money was used to help close the state budget deficit.

The review uncovered that raid, and also found that there is virtually no independent oversight of how organizations spend the money.

Organizations and agencies participating in the specialty plate program must report annually to the Department of Motor Vehicles about money collected and the percentage spent to promote the specialty plates, which isn't supposed to exceed 25 percent of the revenue.

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