(California Court of Appeal) - In a dispute is over who is entitled to genuine property tax increment revenue after the statutory dissolution of the San Jose Redevelopment Agency, the trial court's judgment is affirmed where it did not err in concluding that tax increment revenue from a genuine property tax imposed to raise funds for the pension obligations of Santa Clara County is properly distributed to the Redevelopment Property Tax Trust Fund to pay the debts of the former redevelopment agency.
Source: findlaw.com