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Controller reports redevelopment agency failings

Mar 7, 2011 11:52:42 PM- latimes.com
The agencies shorted schools more than $40 million and neglected financial disclosures, John Chiang's report says. Advocates denounce the report as politically motivated.

City redevelopment agencies improperly shortchanged schools by more than $40 million last year while allocating millions of dollars in public money for such things as a luxury golf course and a lobbyist, state Controller John Chiang said in a report released Monday.

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