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By the Fullerton Savage
Remember State Controller John Chaing’s review of “Selected Redevelopment Agencies” in California?
His office’s five week study of a sample of 18 agencies (Fullerton was not in the sample of agencies) in the state has released a report:
http://www.sco.ca.gov/eo_pressrel_9789.html
The authors have come to some disturbing, but not unexpected conclusions beginning with “The Controller found no reliable means to measure the impact of redevelopment activity on job growth because RDAs either do not track them or their methodologies lack uniformity and are often arbitrary.” No one who follows the travails of redevelopment in our state should be surprised by this revelation.
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