Tuesday, July 19, 2011

Local Officials Sue State Over Redevelopment Monies

California's cities and redevelopment agencies have filed suit against the state of California's new budget, which eliminates 400 local redevelopment agencies. The spending plan allocated 1.7 billion dollars in annual property tax revenues that would have gone to redevelopment to other state services. Central Valley officials gathered in Clovis to make their case for local redevelopment projects. Vic Bedoian reports.