City budget won’t include $40 million to save redevelopment agency
on June 28, 2011
With a debate over the city budget looming this evening, there’s one item that won’t be factored into it—how to come up with $40 million to save Oakland’s redevelopment agency.
Members of the city’s Redevelopment Agency and Finance and Management Committee met Tuesday afternoon at City Hall to discuss the state budget. On June 15, in an effort to help close California’s $9.5 billion deficit, the state senate and assembly passed a two-bill package that would save an estimated $1.7 billion—one bill eliminates redevelopment agencies entirely, and the other would allow them to remain as long as cities make annual payments to fund school districts.
For Oakland, that amount would include a $40 million payment in 2011-12 redevelopment funds, and then $10 million in annual payments, Sabrina Landreth, the budget director for the city administrator, said at the meeting. The city will proceed with its budget as if they are not going to have to pay the money, Landreth said when questioned by councilmember Patricia Kernighan.
The city’s redevelopment agency will lay out the impact of coming up with $40 million during the budget presentation at the city council meeting tonight, said Gregory Hunter of the Community and Economic Development Agency. Councilmember Jane Brunner requested the presentation include information on police officers paid by the redevelopment agency. Redevelopment money currently covers the salaries of 17 police officers.
Also at the meeting Tuesday, the committee approved a pilot program where people can call a toll-free number to pay their parking meters, at no additional cost to the city. The program is expected to increase the city’s parking revenue.
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