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Of all the looming budget questions facing the city of San Diego, few could affect its pocketbook as much as than the unwinding of the state’s urban renewal program.
The city and state are squabbling over whether the city owes debts covered by its now-defunct redevelopment agency. If the city’s forced to make loan payments for the first Convention Center expansion and Petco Park, for instance, it could cost almost $80 million over the next five years.
I spoke with our media partners at NBC 7 San Diego about this for a story that took on the whole redevelopment mess. How it gets ironed out could determine how deep the city’s budget problems could go.
View more videos at: http://nbcsandiego.com.
Liam Dillon is a news reporter for Voice of San Diego. He covers San Diego City Hall, the 2012 mayor’s race and big building projects. What should he write about next?
Please contact him directly at liam.dillon@voiceofsandiego.org or 619.550.5663.
Disclosure: Voice of San Diego members and supporters may be mentioned or have a stake in the stories we cover. For a complete list of our contributors, click here.
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