The Difference a Year Makes

West
Wednesday, May 5, 2010
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The Sacremento County Courthouse, home of the Superior Court that made the authorities ruling. (Tom Spaulding/Flickr)

For better and worse, a Sacramento Superior Court judge ruled yesterday that the California legislature had not violated the state constitution in seizing some $2 billion from hundreds of local redevelopment authorities across the state, money that will continue to be used to cover educational shortfalls within the state’s sagging budget. This is good news in that it does not further imperil already tenuous state finances that have pretty much been trimmed well into the marrow. At the same time, as we detailed last year, this is an unprecedented taking of local funds—covered through special property taxes having nothing to do with the Legislature—that could also imperil the state’s economy by limiting the work the redevelopment authorities can do, work that often times goes to architects. Read More

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