NEWS: Billions pile up in special district accounts while critics say many should dissolve

Many Californians know little about the special districts intended to serve a variety of community needs, but their spending has increased rapidly in the last decade and their reserves have increased even faster, reports the Redlands Daily Facts. With cumulative cash and investments of over $47 billion, watchdogs are expressing concerns that they are hoarding money while progressing too slowly on important projects, such as improving local infrastructure.

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