|May 21, 2015
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Legislators heard the voice of California cities loud and clear yesterday as representatives from cities throughout California lined up to testify in opposition to the Department of Finance’s (DOF) redevelopment dissolution proposal in the May Budget Revise. Both the Senate Budget Subcommittee #4 on State Administration and the Assembly Budget Subcommittee #4 held hearings on Wednesday, May 20, to take up the revised redevelopment dissolution budget proposal for FY 2015-16. The Senate committee concluded its work on Wednesday, passing it, but the Assembly committee will not vote on the framework until today. The proposal is part of a larger omnibus local government budget trailer bill that contains other outstanding local government finance issues.
Economic Development, Redevelopment, Revenue and Taxation, State Budget, Municipal Finance