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Tuesday, June 26, 2012

Administration devoured more than half of redevelopment dollars in two cities


A big beef of redevelopment-haters was that those dollars went to pay city staffer salaries, rather than to truly battle blight.
And that beef may be valid in at least two Orange County cities — Placentia and Fullerton — where more than half of redevelopment dollars went to administration costs, according to a new report from the Orange County grand jury.
  • In Placentia, 67.8 percent of redevelopment dollars went to administration,
  • while in Fullerton, 55.5 percent of redevelopment dollars went to administration.

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