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CA public worker pay soars to unsustainable levels

December 19, 2012 By admin. Dec. 19, 2012 By Wayne Lusvardi Last week Bloomberg News reported that California has the highest paid state workers in the 12 largest states by population.  But that didn’t tell the entire story. Sure, California has the highest paid public workers. But it also has the highest median income. Adjusting for median income levels, California still has one of the highest levels of publ...

Pension reform puts teacher take-home pay in cross hairs

December 19, 2012 By admin. Dec. 19, 2012 By Chris Reed The conventional wisdom about the 400,000 members of the California Teachers Association and the 120,000 members of the California Federation of Teachers is difficult to dispute:  Their unions dominate Sacramento in a way no other special interest remotely rivals. Aside from charter schools way back in 1992, the only fundamental school reform to get throu...

Reality could stifle Prop. 13 reform attempts

December 18, 2012 By admin. Dec. 18, 2012 By Wayne Lusvardi and Charles B. Warren California legislators from San Francisco are “eager to reform Proposition 13 tax policies.”  But public perception is far apart from reality when it comes to the proposed reforming of Prop. 13.  The reality is that San Francisco is the only large urban county to experience no decline in property taxes since the peak of the re...

Starving CA govt. begins to devour itself

December 18, 2012 By admin. Dec. 18, 2012 By Mark Cabaniss Caught between rising pension costs and  declining tax receipts, several local governments in California have gone bankrupt, including the city of San Bernardino, which has stopped making its required contributions to the California Public Employees Retirement System.  CalPERS is threatening to sue. Meanwhile, the county of San Bernardino is thinking o...
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