Tuesday, October 20, 2009

Pacifica At the Bottom of Another List: Redevelopment Revenue

A recent article in the Sacramento Bee detailed the estimated revenue cities would lose from their Redevelopment Agencies to the state of California in order to balance the 2009-2010 budget.  This number reflects a uniform percentage of total redevelopment revenues of the cities.  Once again, Pacifica ranks dead last, proving the old adage its hard to rob a man who is broke.


Redevelopment Agency                               Est. Amount taken by State
Belmont                                                               $2,318,015
Brisbane                                                              $1,715,862
Daly City                                                               $2,430,124
East Palo Alto                                                     $3,260,360
Millbrae                                                               $1,201,952
Pacifica                                                                 $114,686
Redwood City                                                    $3,559,141
San Bruno                                                           $1,989,164
San Carlos                                                           $1,599,312
San Mateo                                                          $4,137,995
South San Francisco                                        $8,519,894

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