ALAMEDA, Calif. — Some California redevelopment agencies are already working to undermine a plan by Gov. Jerry Brown that would phase them out and use their surplus revenue to help balance the state budget.

Local officials in Los Angeles, Long Beach and Riverside County are among those trying to encumber their surplus revenue to keep it for their own use.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.