Tag "League of California Cities"

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More than 100 local governments seek tax hikes to meet rising pension bills

Nine months after a League of California Cities report warned that pension costs were increasingly unsustainable, more than 100 local governments in the Golden State are asking voters for tax hikes on Nov. 6 – which Bond Buyer says is nearly

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Is state Legislature hampering CalPERS, CalSTRS?

The California Public Employees Retirement System and the California State Teachers Retirement System recently announced that they had exceeded their investment goals by at least 1 percentage point in fiscal 2017-18, with CalPERS citing annual gains of 8.6 percent and

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CA cities take advantage of misworded marijuana law

California marijuana law has lurched into a new phase of disarray. But legislators in Sacramento have swung into action to correct the mistake behind the chaos. At fault was a drafting error in a key piece of legislation designed to

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Pot initiatives join forces

Skittish at the thought of divided loyalties leading rival pot initiatives to defeat, two major marijuana legalization groups united behind the well-funded effort associated with Silicon Valley heavyweight Sean Parker. Concentrated support His initiative, which counts Lt. Gov. Gavin Newsom among its supporters,

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CA massage law: A case study in regulatory failure

  Residents of Los Angeles know that “medical” marijuana shops are not the only gray-market business that’s experienced a recent boom. In a city with a taste for pleasure and an enterprising working class, “massage” parlors are apt to have

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Redevelopment barons plot comeback 0

JAN. 9, 2012 I’m still giddy after the California Supreme Court ruled last month that the state had every right to shut down those noxious enemies of property rights and fiscal responsibility — redevelopment agencies. Better yet, the state’s high

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Supreme Court Rebukes Crony Capitalism 5

The following first appeared in City Journal California. JAN. 6, 2012 By STEVEN GREENHUT On December 29, 2011, the California Supreme Court handed down what the state’s urban redevelopment agencies (RDAs) and their supporters called a “worst of all worlds” ruling—first upholding

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