Coleman, who operates the CaliforniaCityFinance.com website, says the total includes 90 local tax measures on the ballot, 57 bond issue authorizations, which would also require tax increases, and one referendum to repeal a tax.
The unemployment rate fell to 5.3 percent, down a tenth of a point from the month before, the Employment Development Department said. It was the lowest statewide unemployment rate since June 2007.
Days after the state’s biggest revenue month fell significantly short of his office’s expectations, Gov. Jerry Brown released a $169.3 billion revised spending plan Friday that assumes nearly $2 billion less revenue through June 2017, with the governor warning that people need to prepare “for a time of necessity.”
However, the state would have to spend over three times as much – $6.6 billion a year – to fully cover current health care costs and whittle down its $80.3 billion unfunded liability for future health care obligations, according to a new report from Pew Charitable Trusts.
But the Sacramento Children’s Home operates on a very modest budget, and we do not charge for any of the services that we provide to the more than 6,200 children and 4,600 families that we serve each year. We cannot simply raise the cost of our services – since they are free – to meet this gap.
Throughout the state, projects were abandoned, sometimes with pieces of elevated highway left dangling. The paperwork of years, even decades, of complex and often heated local negotiations over routes was filed away and began gathering dust. Land that the state had acquired for projects became choked with weeds, or was sold off for other purposes.
But for reasons that defy common sense, many of our larger school districts assume that all students are bound for four-year colleges, even though a relatively small number of those who make it through high school will, in fact, earn bachelor degrees.
The state’s merchandise exports had a total value of $13.75 billion in March, down 8.2 percent from $14.98 billion a year earlier, according to Wednesday’s report from Beacon Economics, a consulting firm with offices in the Bay Area and Los Angeles.
State auditor Elaine Howle said the findings undercut an argument UC has been making for years that supplemental fees paid by nonresident students have subsidized slots for thousands of Californians no longer supported by taxpayer funds. She said the university provided no correlation between out-of-state and resident enrollment.
The California State University faculty union announced Tuesday that its members overwhelmingly approved a new contract that will raise salaries by more than 10 percent over the next two years.
The remainder of 2015’s population growth, about 100,000, is net migration –the difference between people moving in and moving out. While the state continues to see an inflow of immigrants from other countries, legal and illegal, it loses more people to other states than it gains.
California politicians talk about the housing crisis constantly. But while offering a few token inducements for new construction, they’re unwilling to address the macro issue. . . Not surprisingly, liberal legislators from those cities are unwilling to make the atmospheric changes, such as overhauling the California Environmental Quality Act, we need to encourage more housing and close the widening gap between demand and supply that keeps costs so high.
However, a new analysis of employment data by the Legislature’s budget adviser suggests that when the underemployed and labor force dropouts are added to the official number, job distress affects nearly three times as many Californians.
Perennial attempts to tweak the California Environmental Quality Act, which many developers blame for the slow pace of building, have collapsed. A bill to fund a dedicated housing fund introduced by former Assembly Speaker Toni Atkins, D-San Diego, a longtime housing advocate, went nowhere. A $100 million annual housing tax credit expansion was vetoed.
The layoffs in Folsom amount to a little more than 4 percent of the company’s 6,000 employees there. But it’s also the second significant downsizing in a little over a year. Last year Intel said it would eliminate 152 jobs in Folsom.