Read the report: The 2012-13 Budget: Unwinding Redevelopment.
On February 1, 2012, all redevelopment agencies in California were dissolved and the process for unwinding their financial affairs began. Given the scope of these agencies' funds, assets, and financial obligations, the unwinding process will take time. In this video, Managing Principal Analyst Marianne O'Malley discusses the LAO's report "The 2012-13 Budget: Unwinding Redevelopment."