At the start of 2012 California had over 5,000 local governments, from counties and cities to school and fire districts. But this February, over 400 of those governments are slated to disappear, almost overnight, as the state officially closes the book on local redevelopment agencies.
It’s the latest move in the effort by Sacramento lawmakers to find a new way to balance the state’s budget, and shift $1.7 billion from community redevelopment agencies (or RDAs as they’re often known) to the state’s general fund.
