Glendale officials are planning to use $2.3 million it has on hand to fill in gaps created by the state continually underfunding Glendale's attempts to pay off its lingering redevelopment debt obligations.
Since the state dissolved local redevelopment agencies, Glendale and other cities have been locked in a battle with state officials over how much of that property tax revenue, which now goes to California, should be sent back to help pay down previous debt commitments.
As Glendale winds down its redevelopment activity, it must get permission from Sacramento officials to spend money on related debt obligations every six months. The city has asked for 12-months-worth of money already, but it has received less than it asked for.
On Tuesday, the City Council — acting in its dual role that also controls post-redevelopment decisions — approved using $2.3 million of roughly $25 million in leftover redevelopment cash to fill in those gaps. For the next chunk — which would cover January to June — the city plans to ask state officials for about $44 million.