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Transfer of $108 million RDA Funds Still NOT Allowed

By   /  March 7, 2013  /  News, San Bernardino Co  /  Comments Off

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San Bernardino- After the 20th review, State Controller, John Chiang, issued a 53 page report to reject San Bernardino’s last-ditch effort to place RDA, Redevelopment Agency funds into another entity to shield them from being taken away with the dissolution of the RDA agencies. City officials are still reviewing Chiang’s report and deciding whether to […]

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RIVERSIDE: City sues state over redevelopment debt

By   /  March 4, 2013  /  News  /  Comments Off

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Department of Finance spokesman H.D. Palmer said ““There’s a process in place for them to achieve the goals they’ve set out to achieve without having to resort to a lawsuit” BY ALICIA ROBINSON STAFF WRITER March 01, 2013 After months of limbo over $32.1 million in former redevelopment debt, Riverside officials have sued to try […]

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City Audit Reveals General Fund of only $7,600 Cash for Fiscal 2012

By   /  February 11, 2013  /  General Posts, News  /  2 Comments

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Ridgecrest, Ca.-Town and Cities across the state are facing financial woes as they scramble to backfill and borrow internally to close the deficit gaps in their budget.  Following the City of Ridgecrest located north of Yucca Valley in Kern County with similar demographics and a budget of $10 million, their latest audit presentation shows a […]

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Measure L Tax Oversight Committee Wrangles with City Attorney

By   /  February 2, 2013  /  News  /  Comments Off

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Ridgecrest, Ca.- Following the progress, or lack of progress of Measure L, a 3/4 cent  for five years General fund tax barely passed last June by the voters of Ridgecrest, may give some insight of what to expect if Yucca Valley passes a General Fund tax.  The demographics of Ridgecrest are similar to Yucca Valley […]

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