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The State Controller allowed Bell and other cities to defraud the public.
For years the Redevelopment Agencies have been used as slush funds to buy off big corporations and unions. Finally, after four years in office Democrat Controller Chiang has decided he should do his job and audit the corruption of these Agencies.
"As for selections in the Bay, the Contra Costa Times reports:
“The Hercules, Pittsburg and Richmond redevelopment agencies are among seven in California that, as of December, had not paid their obligations to the Supplemental Educational Revenue Augmentation Fund, part of a statewide $1.7 billion shift of redevelopment agency property taxes to schools in the 2009-10 fiscal year. Hercules owed $4.9 million, Pittsburg owed $17.4 million and Richmond owed $10.1 million. Two of the other four nonpayers -- Parlier in Fresno County and Placentia in Orange County -- also are among the 18 agencies targeted by the statewide review."
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For years the Redevelopment Agencies have been used as slush funds to buy off big corporations and unions. Finally, after four years in office Democrat Controller Chiang has decided he should do his job and audit the corruption of these Agencies.
"As for selections in the Bay, the Contra Costa Times reports:
“The Hercules, Pittsburg and Richmond redevelopment agencies are among seven in California that, as of December, had not paid their obligations to the Supplemental Educational Revenue Augmentation Fund, part of a statewide $1.7 billion shift of redevelopment agency property taxes to schools in the 2009-10 fiscal year. Hercules owed $4.9 million, Pittsburg owed $17.4 million and Richmond owed $10.1 million. Two of the other four nonpayers -- Parlier in Fresno County and Placentia in Orange County -- also are among the 18 agencies targeted by the statewide review."
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