Politics & Government
California Supreme Court to Rule on Redevelopment Funds
The court is considering whether the laws, passed by the Legislature earlier this year, are invalidated by Proposition 22.
The California Supreme Court plans to issue a ruling Thursday on the legality of two new laws regarding redevelopment agencies, a decision that will have major ramifications for Poway.
The court is considering whether the laws, passed by the Legislature earlier this year, are invalidated by Proposition 22, which bars the state from seizing local tax money. Redevelopment agencies are funded by the increase in tax revenue created by projects in their areas.
One statute forces redevelopment agencies to close, while the other allows local officials to keep them open if they make payments to the state.
Find out what's happening in Powaywith free, real-time updates from Patch.
The bills, AB 1X-26 and AB 1X-27, forces the city of to the state with additional payments in the coming years.
-City News Service
Find out what's happening in Powaywith free, real-time updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
We’ve removed the ability to reply as we work to make improvements. Learn more here
