Roundtable: City Could Lose $70 Million in Redevelopment Funds
July 8, 2011 1:31 p.m.
The dust is still settling after the California budget passed last week. And one of the questions on a lot of peoples' minds is how redevelopment projects will be affected.
Redevelopment money - the property tax increment that local governments can keep for building projects in their own communities - has been a major driver of economic growth.