Saturday, August 15, 2009

City Settles Redevelopment Funds Dispute With Schools

According to the NCTimes, "The city and Escondido's two school districts have reached a tentative agreement for dividing up millions of dollars in revenue from redevelopment property taxes that are expected to accumulate in upcoming years."
ESCONDIDO: Pact divides up future millions from redevelopment

The amounts mentioned in the article are much lower than those proposed in a Spreadsheet dated Oct 12, 1990 showing schools' share.