12/23/2024

News

Schools, cities and counties will ask California voters to OK taxes and borrowing totaling $20 billion

The ballot California voters will tackle on election day is a long one, with dozens of candidates and 11 statewide propositions. While a lot of attention has been devoted to those choices, little has been given to scores of local ballot measures asking for permission to borrow or tax in communities — proposals totaling some […]

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The High Costs of Affordable Housing

San Francisco already has built or conserved over 20,000 units of affordable housing of various types, which is about 5% of all units in the city. Also, about 40% of housing units citywide are rent controlled, making them more affordable than market rate units. With its high land acquisition costs, expensive labor and complex regulation, […]

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Opinion: A Green Ballot Trouncing

Tuesday’s election highlighted that more voters like Donald Trump’s policies than like him. Consider this week’s voter embrace of Mr. Trump’s pro-growth energy positions, via nationwide rejection of initiatives to raise energy costs. Most notable was Washington State’s defeat of a carbon tax for the second time in two years. Climate activists designed the 2016 […]

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Most California school construction bonds, parcel taxes pass

With all precincts reporting but not all ballots counted, voters passed school construction bond measures in 89 of 112 K-12 and community college districts. And they passed parcel taxes in eight of the 13 school districts that had placed them on the ballot to create new sources of revenue or to extend existing parcel taxes. […]

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The electric car market didn’t have to turn out to be such a corrupt, subsidized fiasco.

But there is a villain in this story — and his name is Uncle. He committed two heinous crimes, for which he deserves to be frog-marched to the dock, tried, convicted and (cue Judge Alvin Valkenheiser from Nothing But Trouble) sent for a ride on Mr. Bone Stripper. The first of his offenses is the […]

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Understanding California’s Housing Affordability Crisis

According to an October 21, 2018 Los Angeles Times article, experts “agree that the fundamental issue underlying the state’s housing crisis is that there are not enough homes.” In contrast, according to the article, is that “the public doesn’t believe it.” Only 13 percent of registered voters cited “too little homebuilding” as a principal reason […]

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Colossal collapse’ in gas prices expected heading into midterm elections

Gas prices are expected to plunge sharply in the final days leading up to the midterm elections, potentially nearing $2 per gallon at some stations in low-tax states. The sudden respite at the pump comes from sharply lower oil prices and declining wholesale gasoline prices. Oil Price Information Service analyst Tom Kloza said it could […]

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Workers’ Pay Rises at Fastest Rate in a Decade

Compensation for U.S. workers grew at an accelerating rate in the third quarter, a sign a historically tight labor market is yielding better pay for employees. The employment-cost index, a measure of wages and benefits for civilian workers, rose a seasonally adjusted 0.8% in July through September, the Labor Department said Wednesday. The gain was […]

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California Local Government Websites – A 2018 Report Card

Among the 250 cities analyzed, ranging from Suisun City with just over 29,000 residents, to big Los Angeles, with over 4.0 million residents, only two got the top grade of A, Rancho Palos Verdes, located in Los Angeles County, and Poway, located in San Diego County. Grades of F, on the other hand, were handed […]

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Ranking Property Taxes on the 2019 State Business Tax Climate Index

Today’s map shows states’ rankings on the property tax component of the 2019 State Business Tax Climate Index. The Index’s property tax component evaluates state and local taxes on real and personal property, net worth, and asset transfers. The property tax component accounts for 15.4 percent of each state’s overall Index score. Property taxes matter […]

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When electric isn’t good enough

“There is a persistent belief, among both state officials and the public, that clean cars and clean fuels alone can achieve California’s climate goals, but this is fundamentally untrue,” he says. “Even if we have 100 percent zero-emission vehicles and 75 percent renewable energy production by 2050—both ambitious goals—we still need a 15 percent reduction […]

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California Vs. Texas In Electricity: Comparing The Two States 1 In 5 Americans Call Home

The third and most ignored reason California doesn’t use much electricity is that their tax and regulatory policies and high costs of doing business have steadily driven out industries that use a lot of energy to manufacture things such as steel and cement. There’s irony in this, of course, and it’s this: California’s environmentally-minded leaders […]

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Dan Walters: Officials walk fine line on using public funds for campaigns

There is “a fine line public agencies, officials and employees walk between legally disseminating information and illegally advocating for or against a ballot measure or candidate” under California law. That’s the opening of an article in publicceo.com, a website devoted to governmental management, written by two lawyers well-versed in the subject. The article, essentially a […]

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Experts say California needs to build a lot more housing. But the public disagrees

Academic researchers, state analysts and California’s gubernatorial candidates agree that the fundamental issue underlying the state’s housing crisis is that there are not enough homes for everyone who wants to live here. The problem, a new poll says, is that the public doesn’t believe it. A USC Dornsife/Los Angeles Times survey found that just 13% […]

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Steven Greenhut: They’re Coming After the Prop. 13 ‘Loophole’

As always, the state has a spending problem, not a revenue problem. And check out the Transparent California website to see the unbelievably large pay and benefit packages received by California’s “public servants” if you really want to look at where our money goes. This initiative is just a chance to prop up the state’s […]

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