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Note: Missing finding numbers detected:
F4, F5, F6, F7
Findings and Recommendations
2 findings
Guadalupe: Over the past 11 years spent $10.9 million; received $11.5 million in Tax Increment; has $19.9 million in outstanding long-term debt and obligations. Response to Finding 3: The City of Guadalupe agrees with this finding. The annual Statement of Indebtedness (SOI) report filed with the Department of Finance is posted and available for each year from the State of California. This document provides all of the data needed regarding Tax Increment Revenue and existing Agency Debt.
Related Recommendations (1)
That all successor agencies provide on their websites debt retirement schedules.
Detailed data are not available on the amount of money spent on individual projects, the recipients of this money, or how these projects have contributed to eliminating blight. Response to Finding 1b: The Grand Jury should be aware of the Five Year Implementation Plan requirements of all California Redevelopment Agencies. This data is available to the public and included public participation in the development and publishing of the Five Year Implementation Plan, which included a Mid Term Review requirement.
No recommendations for this finding