Governor’s plan to sell state buildings would cost a bundle, report says
Tuesday, April 27, 2010 - 21:10
in Mathematics & Economics
The Legislative Analyst’s Office says the proposal would cost California $200 million a year. Even at double the current projected savings, the plan would be ‘one imperfect option among many.’ The state's plan to make some quick cash by selling office buildings and other properties and leasing them back would cost taxpayers a bundle over the long haul, according to a new state...