I don’t know why the local press has ignored Ignacio De La Fuente’s proposal of a 10% redevelopment agency set-aside for public safety resources. dto510 blogged about it on Future Oakland, but I have seen no mention of it in the newspapers. Why? With rising concerns about crime among Oaklanders, shouldn’t we be talking about the fact that the Council President has announced several initiatives to address problems with police recruitment and funding? That’s got to be at least as important as a pro-peace block party, right?
For 2006-2007, the tax increment was $81,934,074 (PDF!). 10% of that is over 8 million dollars. And as Oakland grows, so does the tax increment. A lot. I’ve said before that what we need is more long-term, sustainable funding for our police force, and I’m delighted that someone has found a way to provide that through existing revenue.