Originally posted by lil_1_2002
yea i just saw ito n the news, so its not registration? its licence fee? like when u buy a new car right?
Nonononono... lemme explain.
While the payment schedule for your yearly vehicle registration renewal remained the same while the VLF Offset was in effect, the money "given back" to CA drivers-in the form of the VLF Offset-meant that everyone became accustomed to paying a lower fee.
Now that the money is gone, and CA is in the worst period of debt in national history, there's no more tax surplus to give back.
Hence the deferral of the VLF Offset.
So, since the state can't spend money it doesn't have, there are only two options: Spend less, or raise more money.
The really lame thing about it is, the people who are to blame for the deficit - state assemblymen, state senators and the Governor - don't have to face the financial consequences of their fock-up. :rant: