Upon what do redevelopment agencies spend their money?
The West Sacramento Redevelopment Agency has spent its redevelopment funds on new projects such as the Ziggurat, Raley Field and the Riverwalk Park and to finance the operations of the Redevelopment Agency itself. Statewide, approximately 2/3 of redevelopment funds are spent on improving streets, streetlights, landscaping, sidewalks, parking lots, sewer and water systems and other public infrastructure. The balance of the funds are used for housing rehabilitation or construction, land acquisition, development assistance, administration and operational expenses. Every expenditure by the agency must benefit the redevelopment project area that generates the funding. Redevelopment funds cannot be used to subsidize normal city services such as police services, fire protection or maintenance services. Because it is common for redevelopment agencies to sell bonds in order to generate sufficient funds to pay for large construction projects, a large portion of the tax revenues are spent to repa
