State finance officials have ordered Burbank to hand over $42 million in former redevelopment funds for distribution to taxing entities, stunning city officials who in January had pegged a far lower tab of $11.7 million.
“We were very disappointed,” Ruth Davidson-Guerra, assistant community development director, said of the state order issued last week.
Early Friday, city officials sent the California Department of Finance — which is overseeing the statewide closure of local redevelopment operations — a memo requesting a meeting to dispute all the funding requests except the $11.7 million they originally identified.
Of the $11.7 million, $7.1 million included unused redevelopment funds allocated for infrastructure projects along North San Fernando Boulevard and the Victory Boulevard corridors. Another $3.7 million had been transferred to the Youth Endowment Fund with the vision of building a new community center.