◼ Today's action may be the final chapter in one of 2011's most contentious budget fights - KQED News
In a ruling that is no doubt sending shock waves through city halls across California, the state Supreme Court has ruled that only half of a state budget proposal diverting redevelopment dollars is legal. That split decision means that more than 400 local redevelopment agencies must cease operations -- for good -- sometime in 2012.
As it turns out, the comment made during last month's court hearing by the attorney representing the state. "The redevelopment agencies took a gamble on this lawsuit," said deputy state attorney Ross Moody.
And it's a gamble they lost.
Today's action may be the final chapter in one of 2011's most contentious budget fights, a fight that began with Governor Jerry Brown's proposal to abolish redevelopment agencies and divert the freed up cash to other state budget-busting needs.
