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How many SAs exist in Los Angeles County? 150 150 Auditor-Controller

How many SAs exist in Los Angeles County?

As of Fiscal Year 2017-2018, there are 71 Successor Agencies for the former redevelopment agencies with 317 active redevelopment project areas in Los Angeles County.

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What are the Affected Taxing Entities (ATEs)? 150 150 Auditor-Controller

What are the Affected Taxing Entities (ATEs)?

ATEs are taxing agencies contributing property tax revenues to the CRAs. These agencies include County taxing entities, cities, school districts, community colleges, water districts and special districts.

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Why are redevelopment projects established? 150 150 Auditor-Controller

Why are redevelopment projects established?

Redevelopment projects are established to secure funds that can be used to attract commercial, industrial, and residential development in order to eliminate blight and improve a project area.

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What is a Project Area? 150 150 Auditor-Controller

What is a Project Area?

A project area is the area within which actual redevelopment will take place. The project area must first have a public hearing (giving citizens who will be included in the project area a chance to express their views) after which the redevelopment agency acts on the adoption of the project area and becomes primarily responsible…

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What is a Redevelopment Plan? 150 150 Auditor-Controller

What is a Redevelopment Plan?

A redevelopment plan represents a process and a basic framework within which specific projects will be undertaken. The plan provides the agency with powers to take certain actions such as to buy and sell land within the area covered by the plan (project area), improving dilapidated facilities and to use tax increment financing.

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What is the Community Redevelopment Agency (CRA)? 150 150 Auditor-Controller

What is the Community Redevelopment Agency (CRA)?

In most cities, the city council members are also the governing board for the redevelopment agency, however, the council and the agency are two separate, distinct legal entities. The agency members hire staff to carry out the day-to-day operations and its redevelopment plans.

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What is a Successor Agency (SA)? 150 150 Auditor-Controller

What is a Successor Agency (SA)?

ABx1 26 dissolved Community Redevelopment Agencies (CRAs) and created Successor Agencies as a part of winding down redevelopment financial affairs.  Oversight Boards were also created to review successor agency actions. To obtain additional information on Successor Agencies go to Auditor-Controller website link: Redevelopment Agency Dissolution.

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