El Monte’s Mayor is discovering how hard it is to cut retirement benefits.
2017 is going to be a nail-biter for pension watchers.
A quarter of the city is living below the poverty line, but El Monte’s former city managers have more money than they know what to do with.
“With the money put into its pension funds over the last two years alone — nearly $2 billion — the city could have fixed every one of its broken sidewalks, built or leased housing for more than 25,000 homeless people or restored 11 miles of the concrete-clad Los Angeles River to a natural state."
It’s been four years since lawmakers passed Gov. Jerry Brown’s sweeping pension overhaul, yet we have little to show for what was supposed to be the “biggest rollback to public pension benefits in California history.”
By Robb Korinke
One week out from the Iowa Caucuses I thought I’d share my tracking of the race for local endorsements among our remaining Democratic Party candidates.
Governor Gavin Newsom unveiled a $222.2 billion budget proposal for 2020-21 on Friday – the second annual spending plan he has presented as governor and the largest in state history.
Local governments’ opposition to Scott Wiener’s SB50 is already well known. But the initiative is now facing more pushback from another group: low-income residents and their allies.
Campaigns have access to more voters, polling, and media data than at any time in history. But the quality, accuracy, and reliability of this data is being questioned more than ever.