In a ruling that could doom San Francisco’s Redevelopment Agency and 400 others in the state, the California Supreme Court opted not to strike down a state bill aimed at eliminating them.
To make matters worse for local agencies, the high court struck down a complementary bill which would have allowed agencies an option to survive with more local funding. San Francisco’s redevelopment officials had planned to pursue that option with initial support from the Board of Supervisors and Mayor Ed Lee.
The much-anticipated ruling, announced Thursday morning, was the result of a challenge brought by the California Redevelopment Association and others to Gov. Jerry Brown’s push to eliminate the agencies and save $1.7 billion in the state budget.
The agencies oversee development in blighted areas by funneling tax revenue to projects that might not otherwise draw private investment.