A   A   A
 Follow 
Posted: Thursday, 02 February 2012 11:43AM

Redevolpement Agencies Shut Down



San Luis Obispo, CA -- California redevelopment agencies, which depend on property taxes to improve neigborhoods, no longer exist.  To help reduce the state budget deficit, monies going to the RDAs now go into the general fund. 

Agencies in SLO County are expected to lose $4.5 million.  A lawsuit was filed against the state last year, but it was overturned.

Filed Under :  
Topics: Social Issues
Social:
Locations: CaliforniaSlo County


More Local News