Los Angeles' general fund – which pays for police and fire services, parks and libraries, and street maintenance and tree-trimming – faces an estimated $500 million shortfall, at the same time there is roughly $1 billion in taxpayers’ funds in the city’s Community Redevelopment Agency’s treasury. These are the very funds that would be used to assist local government’s delivery of services if the reorganization of California’s CRAs proposed by Gov. Brown this month goes forward.
Budget Proposal
Do you support using these existing funds to pay for necessary local government services today, rather than holding on to them for potential future economic benefits through redevelopment?
Do you support using these existing funds to pay for necessary local government services today, rather than holding on to them for potential future economic benefits through redevelopment?
