On February 9, the Legislative Analyst’s Office (LAO) released a report critical of findings of an independent study commissioned by the California Redevelopment Association, which found that eliminating redevelopment could jeopardize more than 304,000 jobs annually. Unfortunately, the LAO’s critique is based on a fundamental misunderstanding of the report’s methodology. Click here to view the response from the authors of the original report, Dr. David Gallo, Professor of Economics, Chico State University, and Dr. Gus Koehler, Principal Time Structures, Inc. Their response clarifies these inaccuracies in the LAO’s report.
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