From the article:
Sacramento, Calif.-Since Governor Jerry Brown signed a state budget into law, cities across the Central Coast are losing millions of dollars.
Monterey's Assistant City Manager Fred Cohn says the city lost $3.5 million when the state eliminated redevelopment funds.
Now projects like revamping Cannery Row aren't going to happen.
The city of Seaside says it's set to lose $9 annually, which could lead to layoffs.
Salinas will also lose at least $3 million and for now projects in Oldtown Salinas are stalled.
Santa Cruz expects to be out $4.6 million, which will hurt efforts to bring in new businesses through financial incentives.
Finally, Watsonville is missing out on $3.6 million because of the loss of redevelopment funds.