Search Results for "state buildings for lease"
Back to homepageThis Just In: State In Shambles
Anthony Pignataro: Today the Chicago-based Institute for Truth in Accounting released the latest in its series of 50 state audits, this one dealing with little ol’ California (click here for a PDF of the new study). On reports as these,
Read MoreState Property Sale Off, Again
Katy Grimes: The highly questionable sale of 11 state-owned properties hit another snag on Monday after being given the go-ahead last week. A California Appeals Court halted the sale yesterday after a Superior Court Judge just last Friday, had approved the
Read MoreSale Leaseback Legal!
Anthony Pignataro: Great news for everyone who thinks that the Great State of California can help balance its budget by selling 11 office buildings for about $1.3 billion and then leasing them back over the next 20 years at a
Read MoreState Property Sale Costs Millions
Katy Grimes: Last February I wrote about some highly questionable property sales the state was planning on. In “State selling properties to raise cash,” I wrote “This deal started last year when Gov. Arnold Schwarzenegger directed the Department of General Services
Read MoreLAO Schools DGS On Sale-Leaseback
Anthony Pignataro: Yet another Legislative Analyst’s Office report has come out blasting the state Department of General Services‘ monster sale-leaseback deal. This deal, first reported in CalWatchdog back in February, is quite simple: the state will sell 11 buildings across
Read MoreHuber Balks At State Closing Youth Jail
NOV. 5, 2010 By KATY GRIMES The California Department of Corrections and Rehabilitation recently decided to close the state’s oldest youth correctional facility, which is also, apparently, the state’s most efficiently run facility. A joint legislative hearing on Nov. 3
Read MoreLatest budget deal tarnishes Golden State
Katy Grimes: The sheen has come off of the once-golden state. As the Assembly and Senate sessions began yesterday morning, only minutes before, the three-volume legislative budget bill books were dropped on legislators’ desks… fresh from the state printer. Which
Read MoreCritics slam state property sale
APRIL 28, 2010 By KATY GRIMES Recently, Department of General Services (DGS) Director Ron Diedrich removed several of the oversight appointees from building authorities in San Francisco and Los Angeles for making waves about the 11 state properties for sale, replacing the critics
Read MoreFired official slams state 'fire sale'
APRIL 16, 2010 By KATY GRIMES A complex administration plan to sell state-owned properties and then lease them back from the new owners is being compared to a short-term money raising gimmick by a recently terminited member of the commission
Read MoreState touts 'green' progress
March 29, 2010 By KATY GRIMES In 2005 Gov. Arnold Schwarzenegger ordered all state buildings to be 20 percent more energy efficient by 2015 and “encouraged” the private sector to do the same. And now, the Department of General Services (DGS)
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