Governer's Budget Proposal
In response to the Governor's budget proposal to dissolve redevelopment agencies statewide and require that all future tax increment be used only to satisfy the agencies' existing obligations, the Alameda City Council adopted Resolution 14549 on February 1, 2011. (Click Here to View Resolution) General information on redevelopment, tax increment, and recent projects has been compiled for anyone interested in better understanding redevelopment within Alameda:
Redevelopment Overview (2006 Citizens Guide to Redevelopment)
Tax Increment (June 24, 2010 Power Point Presentation to City Council)
Redevelopment 5 Year Progress Report (October 19, 2010 Power Point Presentation to City Council)
The City will closely monitor the Governor's budget proposal and remains committed to completing redevelopment projects to remove blight and provide affordable housing opportunities in Alameda.