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.
The recall effort against Gavin Newsom is being watched across the nation. But California's governor isn’t the only one whose job is potentially on the line.
Cities like Fresno and Ontario have been courting online retail giants with generous sales-tax rebate programs that return as much as 50 to 80% of the tax to the retailers.
A group of marijuana businesses is suing the City of Sacramento for allegedly overstepping its regulatory authority by slapping an additional fee on their operations.
With more access to information than ever before, it is now even more difficult for people and even policymakers to separate facts from misinformation.