Tough times are ahead.
“This is absolutely the most challenging issue facing state and local government, not just in California but across the country.”
Local administrators and financial experts continue to warn of a looming fiscal crisis for California’s municipalities, driven in large part by skyrocketing pension costs.
Plus, where Gov. Brown may have gotten the idea.
Lodi City Manager Steve Schwabauer and South Lake Taho City Manager Nancy Kerry are among those coming forward to publicly express their fears over California’s pension woes.
A new report from the PEW Charitable Trusts shows the state’s largest pension funds incurred over $10 billion in fees in 2014 from these more complex and risky investment vehicles.
A horrific act of violence has claimed the life of a city councilwoman from Sayreville, New Jersey.
A new UC Berkeley report shows SB 9 has failed to spur multi-family housing construction across the state.
GrassrootsLab’s Mike Madrid published an important op-ed in the Los Angeles Times