Posts Tagged: bond
News
PPIC: A March ballot measure to authorize state bonds for public education facilities is supported by slightly more than half of voters. Seven in ten Californians approve of Governor Newsom’s proposal to spend $1 billion to address homelessness. These are among the key findings of a statewide survey released today by the Public Policy Institute of California.
Opinion
OPINION: The Talk. Read. Sing.® campaign’s singing birds have been coaching us on one key note: the first years of each child’s life are a game changer. That’s because 90% of a child’s brain development happens before the age of five. However, there’s also a narrow window in a newborn baby’s life when bonding with a parent has a profound impact on their development and future success — making those first few months matter, too.
Opinion
OPINION: The California Legislature is currently considering several proposals to put a $4 billion bond measure on a 2020 ballot for safe drinking water, drought preparation, wildfire prevention, and climate resilience. An $8.9 billion bond initiative has also been filed by environmental advocates. Many Californians might ask, “Didn’t we already pay for that?”
News
Democrat Gavin Newsom has surged ahead of Antonio Villaraigosa in the state’s gubernatorial race, and Republican John Cox has made headway among the state’s likely voters. Senator Dianne Feinstein maintains her double-digit lead over fellow Democrat Kevin de León. These are among the key findings of a statewide survey released today by the Public Policy Institute of California (PPIC).
News
Monrovia’s city manager, Oliver Chi, told the city council the budget could absorb the CalPERS employer pension rate increases enacted in 2012, 2013, and 2014 — but a large fourth rate increase last December could push the city into insolvency.
News
Plans to ask California voters in 2018 to approve a $5 billion bond issue to finance the California stem cell agency have been shelved, a director of the agency said Thursday. Jeff Sheehy, a San Francisco county supervisor, said that the key backer of the proposal had informed him that no bond measure would be offered to voters before 2020, presumably at the presidential general election.
News
On the day that Stockton emerged from bankruptcy last week, ending 32 months of debt protection, the final court argument was about the “cram down” imposed on the only creditor that did not cut a deal.
News
Californians started 2014 the way they ended the previous year – parched by drought, hoping for an improved economy, outraged at Capitol corruption scandals and, finally, looking some relief at the fuel pump. Compared with the drought, the rest of the top stories of 2014 seemed almost trivial. Almost, but not quite.
News
The CalSTRS board was told this month that financial experts are forecasting investment earnings of 7 percent a year or less during the next decade, below the 7.5 percent assumed by the pension fund. If that’s correct, long-sought legislation in June that phases in a $5 billion CalSTRS rate increase over the next seven years could fall short of the goal of projecting full funding in three decades.
News
California’s $67.5 billion bullet train has been described as “off-track” so long that some thought it was permanently derailed. In fact, the outlook has brightened: A series of court decisions, a move by Gov. Brown to pump money into the effort and an awakening interest from high-dollar investors has given the huge project new momentum.
A middle school in Marin County. (Photo: Osaze Cuomo, via Shutterstock)
