Town prepares for loss of redevelopment agency
Original post made on Jan 4, 2012
Read the full story here Web Link posted Tuesday, January 3, 2012, 4:15 PM
on Jan 4, 2012 at 9:12 am
" The town will no longer be able to take on redevelopment projects and, instead, will focus on paying off outstanding debts." Sounds like a good plan to me!
on Jan 4, 2012 at 12:32 pm
The town already saw this coming and appeared to set up projects accordingly during last year.
on Jan 4, 2012 at 2:00 pm
Yes, the town is much better managed than others thanks to our manager, staff, council and volunteers. I have just one question. If the funds being seized have already been appropriated by the state, where in our property tax did they come from? I see no line item for a state assessment or RDA. I certainly hope they're not seizing our future property taxes. The state has its own tax revenues.