Glendale officials want to pass a new tax on the upcoming June ballot. The City Council approved with a 3-2 vote to move forward with the hiring process for a consultant to promote the...
Desert Hot Springs in California has warned that burdensome salary and pension costs may cause it to file for bankruptcy protection. The problems in Desert Hot Springs came to light last week when a...
The California Public Employees’ Retirement System (Calpers) has stated it would appeal an August court ruling granting Chapter 9 bankruptcy protection to the city of San Bernardino, California. Calpers fiercely opposed San Bernardino’s bankruptcy...
In March 2012 the CalPERS Board of Administration announced it cannot count on the high returns on investments it previously projected and that it will need hundreds of millions more from state and local...
Obamacare is secretly a bailout of State and Local Governments. However, before I get into the details, I’ll discuss a little about the “Affordable Care Act” (ACA), aka Obamacare, The (ACA) is a misnomer....
In June 2013 the Civil Grand Jury reported its survey of various measures concerning the fiscal condition of 88 Los Angeles County cities; it ranked cities accordingly on each. Glendale ranks well on some,...
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