Of Orange County’s 34 cities in Southern California, the six with the strongest balance sheets maintained their positions in the annual fiscal rankings for the year ending June 30, 2023. However, the other 28 cities were a little more interesting. Overall, it was still a good year, with only one out of five seeing their...
Gavin Newsom promised Californians there’d be no new taxes to fix the state’s historic deficit. One new tax is already squeezing the state’s businesses. Confronting the nation’s largest-ever state budget deficit, California’s Democratic governor, Gavin Newsom, has been throwing overboard almost every government program not tied to a legal mandate. Despite progressive demands, he’s sounding for once...
As a Certified Public Accountant and Certified Financial Planner, one consistent piece of advice I would give to my clients was never to cosign on a loan. When doing so, you agree to be responsible for the debt should the original borrower miss a payment or stop paying altogether. It’s awkward. And I’ve seen sincere...
Gov. Gavin Newsom has abandoned his plan to put a competing crime measure on California’s November ballot that he launched — and withdrew— this week in an attempt to neuter a district attorney-backed initiative to reform Prop 47. Proposition 47, passed by voters in 2014, weakened penalties for drug and theft crimes and notoriously reduced the...
Last week’s Energy Overview (WC #48) provided links to a few of the most useful and authoritative references available on energy use globally and in California: the Statistical Review of World Energy, Lawrence Livermore Laboratory’s Energy Flow Charts, fuel inputs to California from the U.S. Energy Information Administration, and reports on California energy use with...
On June 20, the California Supreme Court ruled that the Taxpayer Protection Act, a ballot initiative that would have given voters veto power over new taxes, was a violation of the state constitution. The initiative, for which proponents had already gathered nearly 1.5 million signatures to qualify it for the ballot, was a desperate attempt by taxpayers...
The governor’s State of the State address — or rather, his pre-recorded speech spliced throughout with a campaign-style video montage — was filled with fact-spitting errors. Let’s consider just a few: HOMELESSNESS: “No state has done as much as California in addressing the pernicious problem of homelessness that too many politicians have ignored for too long.” During his...
Everyone knows the ancient joke about the two exhausted kids walking through a sun-blasted and waterless land. Sunburned and still miles from their destination, they come upon an immense pile of animal manure blocking their path. The boys stop for a moment to consider the obstacle mounded before them – feculent, still (in my telling)...
As we complete our first full year of offering information on California’s energy and water policies, it seems appropriate to accept the following challenge: Identify just 20 links to sources that contain the most useful and revealing quantitative facts about energy and water in California, with a brief explanation accompanying each link. To accomplish this, over the...
There’s much to be ticked off about following the state Supreme Court’s decision yesterday to remove a taxpayer-protection measure from the November ballot. There’s also a solution, one that’s available to every Californian over the age of 17 years and 364 days: Think like the Apple ad campaign and Vote Different. That opportunity will come in November....
As reported in the Fresno Bee earlier this week, “More than 20,000 San Joaquin Valley residents could be left high and dry, literally, by Sacramento politicians intent on using $17.5 million that had paid for water trucked to their homes to help fill California’s gaping two-year $56 billion deficit.” To begin with, there shouldn’t be a...
As the sun set last Friday, sanity returned briefly to California when a judge told University of California employees to end a strike aimed at disrupting the last few weeks of the school year. In ordering members of United Auto Workers Local 4811 back to work, Orange County Superior Court Judge Randall Sherman sided with...
Newport-Mesa Unified School District (NMUSD) in Orange County, Calif., is considering issuing another voter-approved bond to pursue building improvements. The title of “Classroom Safety/Repair Measure” is being used in the initial phase of this exercise. And the Facilities Master Plan (FMP) is on the district’s website and invites visitors to take a prioritization survey. But...
Scarcity and high prices are not an inevitable fact of life in California. They are the result of political choices. For nearly 50 years, and with escalating severity that shows no sign of abating, politicians in California have enacted legislation that is explicitly responsible for unaffordable housing, unreliable and expensive energy, and chronic shortages of...