Posts Tagged: locals

It’s Round 3 in Jerry Brown vs. the locals.

The governor’s efforts to reform California’s 29-year-old enterprise zone system, an ongoing tax-break program that encourages business investment and promotes new jobs in economically distressed areas of the state, is his latest attempt in a series of major moves targeting local businesses and governance.

The CalPERS board may make it more costly for struggling local governments to close their pension plans.

A pending change is driven in part by unusually low interest rates and the fear of an unlikely, but now not inconceivable, collapse of a large employer like the bankrupt city of San Bernardino.

The cost