Budget and Finance
Back to homepageCommunity colleges oversell 0.7% enrollment decline
Feb. 26, 2010 By ELISE VIEBECK The chancellor for California’s community colleges lamented a 0.7% decline in the system’s enrollment yesterday, reporting that more than 200,000 students will be “unfunded” — that is, enrolled beyond schools’ funded capacities — this
Read MoreDid schools win state lottery?
Feb. 25, 2010 By KATY GRIMES In an effort to shore up some of the state’s record deficit, a bill heard this week would require more money from the State Lottery be spent on schools and less on lottery administration.
Read MoreCalifornia's business exodus
Feb. 25, 2010 By KATY GRIMES According to Joe Vranich, a business relocation specialist located in Southern California, his business is booming helping businesses move out of California, and not into the state. For the rest of California businesses, the
Read MoreNo Cussing Zone
Assembly members Anthony Portantino and Cameron Smyth will be discussing ACR 112 today, the resolution that will designate the first week in March as a “cuss-free week”. The purpose according to language in the resolution is “to set a tone
Read MorePensions push state to insolvency
FEB. 23, 2010 By TROY ANDERSON As the $17 billion annual taxpayer tab for government employees’ pensions and retiree health care increases at a rate of “several billion dollars” a year, Orange County Supervisor John Moorlach says California is heading for an “economic
Read MoreState selling properties to raise cash
Feb. 23, 2010 By KATY GRIMES With the state of California selling off property to raise cash in the face of the $24 billion deficit, 11 office-building complexes are for sale, which will then be leased back to the state for 20
Read MoreThe eyes of Texas are upon us
Feb. 23, 2010 Californians used to sing “I Love You, California.” Now, the tune has changed and it’s “Can’t Get Enough of Texas.” The bad news stories about California businesses packing up and moving out of state are so frequent,
Read MoreJobless victims stagger California
Feb. 21, 2010 By JOHN SEILER As state legislators and Gov. Arnold Schwarzenegger continue to work on the state budget for fiscal year 2010-11, which begins July 1, they will be looking at how their actions affect the entire state
Read MoreParents Able To Close Failing Schools
The Los Angeles-based group Parent Revolution, pushed hard to pass a new law called the “parent trigger.” The new law requires school districts to make dramatic changes to a school if 51% the parents vote on the change(s). Parents could call for
Read MoreIncentives eyed to spur job growth
Feb. 18, 2010 By KATY GRIMES In spite of the federal stimulus money invested in California, unemployment is still in double digits and will remain so for a couple more years, according to state economic experts. Consequently, talk of jobs
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