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Investigative Reports

East Bay second Cal State foundation to file questionable tax returns

May 21st, 2012 By admin. May 21, 2012 By John Hrabe With 427,000 students and 44,000 staff on 23 campuses, the California State University System is the nation’s largest higher education system. But from Los Angeles to San Francisco, Cal State is raising tuition, cutting enrollment and campaigning for a multibillion-dollar tax hike — all while providing high salaries and lavish benefits to its top executive...

Cal State Foundation bonuses pose conflict of interest

May 17th, 2012 By admin. May 17, 2012 By John Hrabe Following public outcry over six-figure pay raises handed out to top executives, the California State University Board of Trustees approved a plan last week to shift future pay hikes from taxpayer funds to nonprofit auxiliary foundations. The decision effectively freezes the amount of tax dollars spent on the college’s executive compensation, and Cal State ...

Brown’s new budget attacks producers

May 14th, 2012 By admin. May 14, 2012 By John Seiler Gov. Jerry Brown's May Revise to his 2012-13 budget proposal, released today, only will club more producers into leaving the state. It calls for $8.5 billion in tax increases from the initiative he is placing before voters on the November ballot. Most of the tax increase will come from increasing the top income tax rate by 3 percentage points. It would go fr...

Los Angeles teeters on the brink of bankruptcy

April 30th, 2012 By admin. April 30, 2012 By Brian Calle Taxpayers in Los Angeles are facing a major crisis if Mayor Antonio Villaraigosa and other officials do not begin to address the systemic, structural issues putting the city on the fast track to economic upheaval. The situation is similar to that in other California cities such as Stockton and Vallejo. Much ado has been made about the city’s projecte...
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