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More Local Woes Due to Pending State Budget Deal

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In addition to the $70 million Los Angeles could lose via raided redevelopment funds, another $166 million could be lost if $120 million in property tax revenue and $66 million in gas tax revenue are taken to fix the state budget, which will be voted on later this week by state legislators. The County of Los Angeles also stands to lose major funding, which could have long term effects in the billions. The county says they would lose $313.4 million in redevelopment, $109 million in gas taxes, $53.3 million from CalWorks (welfare program), $22.1 million in substance abuse crime prevention, $21 million for mental health managed care and $5.7 million in AIDS/HIV treatment and prevention, according to the LA Times.

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