Posts Tagged: board
Opinion
OPINION: Proposition 57’s 50 percent good time credit should be applied retroactively to all incarcerated people, including lifers who committed violent crimes. Contrary to popular fears, releasing reformed lifers may be the best thing we can do to reduce violent crime.
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Calpensions: A key committee yesterday approved a drop in the often-criticized CalPERS investment earnings forecast, gradually raising record rates already being paid by state and local governments, if approved as expected by the full board today.
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Calpensions: The state’s two largest public pension systems never recovered from huge investment losses during the deep recession and stock market crash in 2008. CalPERS lost about $100 billion and CalSTRS about $68 billion. Now after a lengthy bull market, most experts are predicting a decade of weak investment returns, well below the annual average.
Opinion
OPINION: Local leadership in California faces a threat – SB 1387. This bill would reduce the influence local leaders have on a regional board – the South Coast Air Quality Management District (SCAQMD) – by adding even more Sacramento-appointed representatives. The bill would also allow a state agency to overrule the policy decisions of this regional board.
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Calpensions: Twice in recent decades CalPERS fell below 100 percent of the funding needed for promised pensions, and twice CalPERS climbed back. But since a $100 billion investment loss in 2008, the CalPERS funding level has not recovered.
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The $3 billion California stem cell agency this week welcomed the first members of its “Great Ideas” club and gave them a total of nearly $4 million to pursue the scientific gleams in their eyes. Nineteen researchers received awards at a meeting yesterday of the governing board of the agency. They were the first such grants approved by the nearly 12-year-old enterprise.
Opinion
OPINION: The State Water Resources Control Board (Board) has tried for too long to bully Byron- Bethany Irrigation District (BBID), and we’ve had enough. It’s time the Board’s misguided case against BBID ends and remove the regulatory limbo the farmers within BBID currently face.
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Analysis: California ecosystems are losing their resilience and their ability to sustain native plants and animals. In the past, even in droughts, there were natural refuges to sustain native species. Today, most of these ecosystems are changing rapidly from human impacts and many have deteriorated to critical condition. Refuges are scarce.
Opinion
The leaders of California’s vast community college system this week unanimously adopted a reform agenda with amazing ease – given how fundamentally hard the decision was to engineer. The Board of Governors decided to endorse comprehensive recommendations to better align career technical education (CTE) programs with the workforce needs of California’s employers. It could be the linchpin in a more strategic statewide effort to reduce poverty and reverse the growing opportunity and income gaps.
News
To the passer-by, the tower at 450 N Street is a downtown landmark, soaring assertively 24 stories into the Sacramento sky. But for more than a decade, the Board of Equalization’s (BoE) headquarters building has been a nightmare to an assortment of state bureaucrats. Glass panels fall out; water leaks; elevators stop between floors; there are potentially dangerous contaminants; plaster falls off walls; there are lawsuits.