Breaking News: Cities Ask CA Supreme Court to Block Raid on Redevelopment Funds
A lawsuit filed today by the League of California Cities as well as the California Redevelopment Association (CRA) alleges that the California legislature’s action to dissolve redevelopment agencies in California unless they pay the State $1.7 billion violates a ballot measure (Proposition 22) approved by voters in November that prohibits the State from raiding local tax revenue. Further details can be found here.
