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Plan to sell state properties to raise money for cash-strapped California clears final hurdle

Nov 16, 2010 3:00:00 AM - latimes.com
The sale of 24 buildings at 11 locations, including the Ronald Reagan State Building in downtown L.A., is expected to generate $1.2 billion to help shrink the budget deficit. The state's top two fiscal officials object.

Over the objection of the state's top two fiscal officials, the Schwarzenegger administration on Monday pushed through a controversial plan to sell state properties to raise money for cash-strapped California.


USA, California: (Latest Stories)