CA Supreme Court Decision Spells Doom For Redevelopment Agencies

From the Orange County Register:

In a decision that could spell the end of redevelopment agencies in California, the state Supreme Court ruled on Thursday that the Legislature had the authority to seize $1.7 billion in local redevelopment money to help balance the budget, and struck down a related bill that would have allowed redevelopment agencies to continue operating if they agreed to turn over a large chunk of their funding to the state.

The ruling would seem to prevent local redevelopment agencies from engaging in new business and would lead to their eventual dissolution.

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  2 comments for “CA Supreme Court Decision Spells Doom For Redevelopment Agencies

  1. December 29, 2011 at 6:26 pm

    Good News, – The Death of Redevelopment Agencies
    A 44 page summary of the Evils, – “Redevelopment: The Unknown Government”
    22 pages here

    In 2001 Redevelopment Agencies consumed 10% of property taxes, and can do the following without the vote of the people: be created – incur bond debt – use eminent domain to benefit private interests. Redevelopment Agencies provide no public services, and divert scarce tax dollars from education, police – fire & ambulance services – street maintenance, libraries, and everything else that cities should be doing. There is little public awareness or oversight.

  2. cook
    December 30, 2011 at 8:56 am

    A win for California and a defeet for the crooks

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