By KATY GRIMES Immediately following Gov. Jerry Brown’s budget proposal in January, the Legislative Analyst’s Office published an Overview of the Governor’s 2011-2012 Budget. As is often the case with the LAO, the analysis appears largely supportive, but reading deeper into the detail, analysts express significant reservations, specifically warning of one potential danger area with Brown’s … Continue reading Lockyer: RDAs Entering Into Bad Deals
One of the most contentious parts of the Governor’s 2011-12 Proposed Budget, is his call for dissolving California's 425 redevelopment agencies and distributing their funds to other local agencies. The Governor's proposal to end redevelopment raises fundamental questions regarding the extent to which this program benefits the state. To assist California's lawmakers in reviewing this proposal, the … Continue reading Legislative Analyst Says Redevelopment Job Claims Flawed
One of the most contentious parts of Governor Jerry Brown's 2011-12 Proposed Budget, is his call for the elimination of 425 local redevelopment agencies (RDAs) and redirecting approximately one-third of their property tax revenues into other state and local services. Since its inception in 1945, California's redevelopment agencies have been touted as an effective tool … Continue reading How Eliminating California’s Redevelopment Agencies Spurs Economic Growth
The debate over Governor Brown’s proposal to eliminate redevelopment agencies (RDAs) in California is heating up. Since Governor Brown announced his plan to close the state's nearly 400 municipal redevelopment agencies and shift control over much of the roughly $5 billion they handle each year, local leaders, who now direct the money, have angrily denounced … Continue reading Does Research Back So-Called “Benefits” of Redevelopment?