Post by Joe Cocker on Apr 23, 2011 10:17:03 GMT -5
April 23, 2011, 12:47 AM
Tens of billions of dollars of slush funds run through a secret organization--with your money.
"Redevelopment project areas are supposed to expire eventually, but like most government programs, they rarely do. The agencies repeatedly extend the life of the areas and continue floating debt, managing development decisions, and spending tens of millions of dollars to pay the planners, consultants, developers, and attorneys who specialize in the redevelopment process and are an effective lobby to ensure that it never dies. The redevelopment machine has also steadily expanded its footprint. “During the early years of California’s redevelopment law, few communities established project areas and project areas typically were small—usually 10 to 100 acres,” the state’s Legislative Analyst’s Office recently reported. “Over the last 35 years, however, most cities and many counties have created project areas and the size of project areas has grown—several cover more than 20,000 acres each. . . . In some counties, local agencies have created so many project areas that more than 25 percent of all property tax revenue collected in the county [is] allocated to a redevelopment agency, not the schools, community colleges, or other local governments.”"
Between 10-25% of property tax dollars are spent behind closed doors. They are spent on big corporations, in conjunction with monopolistic unions, control the money. Small business are closed, families evicted, communities demolished by the combination of big government, big business and big unions.
It is time to end the fraud and corruption. The money spent on special interests should instead be spent on public safety.
Redevelopment agencies blight the Golden State.
Steve Greenhut, City Journal, 4/21/11
Governor Jerry Brown wants to eliminate redevelopment agencies and save the state about $1.7 billion annually, with greater savings possible down the road, when debts are retired.
In Sacramento, Governor Jerry Brown is planning to close California’s $26.6 billion structural deficit through spending cuts and tax extensions. Opposition has been spirited but less contentious than expected, probably because of the size of the budget hole. But one item of Brown’s plan—something that would save about $1.7 billion annually—has generated heated debates between local officials and the new administration. The governor has proposed eliminating California’s approximately 400 redevelopment agencies (RDAs).
www.capoliticalnews.com/blog_post/show/8359
Tens of billions of dollars of slush funds run through a secret organization--with your money.
"Redevelopment project areas are supposed to expire eventually, but like most government programs, they rarely do. The agencies repeatedly extend the life of the areas and continue floating debt, managing development decisions, and spending tens of millions of dollars to pay the planners, consultants, developers, and attorneys who specialize in the redevelopment process and are an effective lobby to ensure that it never dies. The redevelopment machine has also steadily expanded its footprint. “During the early years of California’s redevelopment law, few communities established project areas and project areas typically were small—usually 10 to 100 acres,” the state’s Legislative Analyst’s Office recently reported. “Over the last 35 years, however, most cities and many counties have created project areas and the size of project areas has grown—several cover more than 20,000 acres each. . . . In some counties, local agencies have created so many project areas that more than 25 percent of all property tax revenue collected in the county [is] allocated to a redevelopment agency, not the schools, community colleges, or other local governments.”"
Between 10-25% of property tax dollars are spent behind closed doors. They are spent on big corporations, in conjunction with monopolistic unions, control the money. Small business are closed, families evicted, communities demolished by the combination of big government, big business and big unions.
It is time to end the fraud and corruption. The money spent on special interests should instead be spent on public safety.
Redevelopment agencies blight the Golden State.
Steve Greenhut, City Journal, 4/21/11
Governor Jerry Brown wants to eliminate redevelopment agencies and save the state about $1.7 billion annually, with greater savings possible down the road, when debts are retired.
In Sacramento, Governor Jerry Brown is planning to close California’s $26.6 billion structural deficit through spending cuts and tax extensions. Opposition has been spirited but less contentious than expected, probably because of the size of the budget hole. But one item of Brown’s plan—something that would save about $1.7 billion annually—has generated heated debates between local officials and the new administration. The governor has proposed eliminating California’s approximately 400 redevelopment agencies (RDAs).
www.capoliticalnews.com/blog_post/show/8359