|
I'm a little bit stunned at what the state of California just did and why it's not front page news across the nation.
Seems some time ago the state of California passed a bill called ABX4-26. This bill, in plain English, allows the state of California to outright confiscate city owned redevelopment funds. In other words, my home town here set aside $800k for new projects such as parks, street improvements, new buildings, etc, and the state just grabbed all of that money although it was owned by the city and had nothing to do with the state.
It snagged $800k from my home town, and over $2billion statewide.
A number of projects locally are on hold. The police department has moved from it's new building back to it's old building, and one of the libraries is shutting down. You know, because it's bad to spend that money locally and much better to spend it on the crack whores in Southern California.
$800k might not sound like a lot, but I live in a very small town and it's had a huge impact on us.
|