Today’s ruling by the California Supreme Court was the worst possible outcome – as it completely eliminates redevelopment agencies and undermines our ability to invest in economically distressed neighborhoods. Today’s decision may also impact the city’s General Fund by more than $15 million a year – requiring additional cuts in our day-to-day budget. This decision goes against the will of …
Court Kills Redevelopment: Stories from across the state
The California Supreme Court ruled Thursday morning that the state can eliminate local redevelopment agencies that subsidize construction projects in cities across California. The ruling is a huge win for Gov. Jerry Brown and Sacramento lawmakers who axed redevelopment in June as part of an effort to close a multi-billion dollar state budget deficit. On the other end of …
Faulconer: Redevelopment’s Public Benefits Too Important to Stop
City Council President Pro Tem Kevin L. Faulconer released the following statement in response to today’s California Supreme Court ruling over the State Legislature’s decision to dissolve redevelopment agencies across the state, including in San Diego. “Redevelopment has been a vital resource in the transformation of downtown and many of San Diego’s older communities. It has been the key to …
Preparing for the Proposed Elimination of Redevelopment Agencies
“Whether you support Redevelopment or not, if Gov. Brown does eliminate funding in whole or in part, city leaders must be prepared to protect taxpayers. Here’s a 3-point memo I have released asking for financial and legal analysis to do just that.” — Carl DeMaio Memorandum Governor Brown’s proposal to eliminate Redevelopment Agencies would have serious consequences for the future …
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