Cuenca v. Cohen

Opinion

HOCH, J.

—From 1945 until 2011, California’s redevelopment agencies received their funding from a tax increment that represented the difference between the property tax “based on the assessed value of the property prior to the effective date of the redevelopment plan” and “[a]ny tax revenue in excess of that amount . . . created by the increased value of project area property.” (California Redevelopment Assn. v. Matosantos (2011) 53 Cal.4th 231, 246-247 [135 Cal.Rptr.3d 683, 267 P.3d 580] (Matosantos I).) In response to the growing perception the redevelopment agencies avoided funding…