Speeders may be key to closing state's budget gap - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Speeders may be key to closing state's budget gap

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SACRAMENTO, Calif. (CBS 8) -- The state's $20 billion deficit for 2010 is the driving force behind a controversial plan to use traffic cameras to bolster revenue.

Governor Arnold Schwarzenegger's plan installs speed censors at intersections that already have red-light cameras. The censors would force fast drivers to pay up at least $225 in fines if they are caught going 15 mph over the limit.

The idea surfaced as Governor Schwarzenegger released an $83 billion spending plan for California that provides the lowest general funding spending in six years.

California's finance department estimated that 2.4 million people would speed through the monitored intersection, netting the state around $340 million through June 2011.

Governor Schwarzenegger's budget proposal for the fiscal year, which begins in July, contains $82.9 billion in spending from the general fund, some $3.1 billion less than last year.

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