Local governments across California are bracing for a more costly future thanks to mounting retirement obligations, and their residents are apt to experience cuts to local services on par with the 2008 recession as a result.
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."
The City of Salinas is mourning the sudden passing of its mayor Joe Gunter. He was 73 years old.
Grass Valley voters will get a chance to tax cannabis this fall. It would be a first, vital step toward welcoming cannabis businesses to the city.
The police department in Euclid, Ohio has been dinged by the Sixth U.S.
Special Editorial by Mike Madrid