Okay so it is early in the morning and I should be in bed. However, Council just got notice that we are having a special meeting during City Council (aren't all of our meetings, special) regarding some fast action needed to save our redevelopment monies from the newly elected Governor who is proposing...gasp...to shut down redevelopment and return the tax dollars back to the city's general fund...or something like that.
Not quite sure why the City Council can do this since we are not the Redevelopment Agency for the city. Hmmm.
So, being curious about how much money we are talking about, I went on line to find the latest financial report sent by all redevelopment agencies to State Controller, John Chiang.
Okay for all of you who want to know what I know... here's the report. Pay special attention to pages 58 and 124 and 125. Shows that more than 18,000 acres of Long Beach is redevelopment. That the agencies take in millions of tax increment and spend millions.Also shows how much square footage was constructed or rehabed..and how many jobs were created by redevelopment money. The bad news is how much debt redevelopment has.
fy0809_redevelop
Notice: This is not a City of Long Beach site.
Dear Readers: Please note that this is not a City of Long Beach website and is not paid for nor maintained by taxpayer funds.
If you contact Gerrie Schipske through this site on any matter pertaining to the City of Long Beach, a copy of your contact will be forwarded to her official city email as an official public record.
Save Station 18
Popular Posts
-
I was the only councilperson who voted against the sale of the building and parking lot at 100 Ocean Blvd last week. (www.lbeport.com publis...
-
I was the lone vote against allowing an Octoberfest in the El Dorado Park again this year. I did so because last year was a disaster for the...
-
Click on the link and type in your address to find out your new congressional, assembly and state senate district drawn by the Citizens Red...
-
I have been pushing to open up the collective bargaining process in Long Beach for several years but found little interest on the City Counc...
-
For the second summer, Councilwoman Gerrie Schipske has brought on board to the 5th District team a group of 8 youth who will help clean up ...
-
Last night, the Council approved two agenda items brought forth by Councilman Robert Garcia and me that would further open up City Hall to t...
-
Sadly, just a week after the election, the City Council is considering going forth on closing escrow of the land swap -- misleadingly titled...
-
Be a part of the Long Beach Public Library! The Long Beach Public Library is joining libraries across the state in participating in ...
-
If the news is correct, it appears that Long Beach Studios -- a new movie company -- will locate on the Boeing property in the 5th Council D...
-
I am taking our economic situation very seriously. But we need to step back and think what type of message is continually coming out of C...