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Court action upholds multimillion-dollar windfall for Los Angeles Unified

May 1, 2010 3:00:00 AM - latimes.com
The money will come from a suit over increasing property taxes in redevelopment zones. The exact amount remains unknown.

A long-running legal battle over local property taxes has ended in a court decision that will mean a multimillion-dollar windfall for the Los Angeles Unified School District. But estimates of the amount vary dramatically — from about $20 million in the near term to $1.14 billion in years to come.

USA, California: (Latest Stories)