Budget and Finance
Back to homepageBroke State Budget Hits Dead End
FEB. 29, 2012 By KATY GRIMES In in an effort to avoid a cash-flow problem, State Treasurer Bill Lockyer appeared on Bloomberg news last week talking about the sale of $1 billion in state revenue anticipation notes to Barclay’s and
Read MoreSen. GOP Blocks Cal State Confirmation
FEB. 28, 2012 By JOHN HRABE The Senate Republican Caucus scored a major victory for taxpayers Monday by blocking the confirmation of the embattled chairman of the California State University Board of Trustees, Herbert Carter. Senate President pro Tem Darrell
Read MoreCal State Pay Scandal Repeats 1990
FEB. 27, 2012 By JOHN HRABE Under Herbert Carter’s tenure, the Cal State University system has approved “hefty salary increases” for its top executives “without public input” during the state’s “most dire funding predicament.” Those aren’t quotes from recent news
Read MoreMunicipal Bankruptcy Stalks Stockton
FEB. 27, 2012 By WAYNE LUSVARDI Stockton, California’s 13th largest city, may be moving from “Fat City” to “Mudville.” Both were former historical names for Stockton. “BK” is shorthand for bankruptcy. On Feb. 23, Stockton City Manager Robert Deis asked
Read MoreHow About a Longer School Year?
Commentary FEB. 24, 2012 By JOHN SEILER One reason California schools perform so poorly is that the state’s educrats, instead of improving instruction, commonly look for gimmicks to cover up their own failures. In my 25 years of writing about
Read More10 Reasons Why Cal State Chair Carter Must Go
Commentary FEB. 23, 2012 By JOHN HRABE Herbert Carter’s reconfirmation as the chairman of the California State University Board of Trustees could be taken up by the State Senate as early as today, Feb. 23. Cal State University lobbyists have
Read MoreFollow the Money to Find School Scandals
Commentary FEB. 22, 2012 By CHRIS REED The proposal of a Democratic assemblyman to keep students from eating at food trucks instead of school cafeterias is ostensibly about public health, obesity and food safety. But while nanny state motives may
Read MoreState Edu-Welfare Expansion Plans
FEB. 21, 2012 More than 50 percent of California college students do not pay for school at the state’s public colleges and universities. Unfortunately, the dropout rate is also about 50 percent. This is because, along with all of the free
Read MoreSens. Oppose Cal State Exec Confirmation
FEB. 17, 2012 By JOHN HRABE Herbert Carter’s reconfirmation to the California State University Board of Trustees was dealt a major setback Thursday, as two Republican state Senators announced their opposition to his pending nomination. Sen. Joel Anderson, R-Santee, and
Read MoreSenators Flunk High CSU Exec Pay
FEB. 17, 2012 By DAVE ROBERTS In California’s highly partisan political world, there are few issues on which most agree. But a rare unity was achieved last July when the California State University Board of Trustees awarded the new president
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