California Per Capita General Fund Spending Doubles – Where Is It Going?
California Per Capita General Fund Spending Doubles – Where Is It Going?
California’s state government is spending twice as much as it did a decade ago, and by every metric that matters to ordinary Californians, things have only gotten worse. Even without further analysis, this is an incredible fact. California’s state government, in constant dollars, is spending nearly twice as much per resident as it did a...
By Edward Ring
Rethinking Transparency and Accountability: Part 1
Rethinking Transparency and Accountability: Part 1
Virtually everyone in local government claims to champion transparency and accountability, but few attempt to define either of these terms or identify what conditions support and maintain them. Too often, municipal leaders rely on gimmicks and process to demonstrate that their government organization is meeting these laudable goals, rather than focus on building the culture...
By Mark Moses
Rethinking Transparency And Accountability: Part 2
Rethinking Transparency And Accountability: Part 2
As with transparency, accountability is championed in government settings. Government officials and employees must be accountable to the public for the decisions they make and the money they spend, but what is really meant by accountability, and how should we think about it in a local government context? The best description of accountability that I...
By Mark Moses
Pension Costs Are Still Eating Government Budgets
Pension Costs Are Still Eating Government Budgets
About 20 years ago, I read an ad in a local Sacramento newspaper that said “Get a government job and become an instant millionaire.” The ad went on to describe how public bureaucrats in California enjoyed benefits private sector employees can only dream of, including a guaranteed retirement pension worth the equivalent of millions of...
By Edward Ring
If Cities are in financial crisis, why aren’t they panicking?
If Cities are in financial crisis, why aren’t they panicking?
Most U.S. cities are experiencing an administrative and financial crisis. This appears to be at odds with the confident tone of recent budget hearings where most of the attention was placed on how to spend remaining 2021 federal relief funds and so called “discretionary funds.” Cities have been able to adopt viable budgets this year...
By Mark Moses
Inflation-adjusted per capita state spending doubles in one decade – for what?
Inflation-adjusted per capita state spending doubles in one decade – for what?
The California State Legislature has just released the “Floor Report of the 2022-2023 Budget,” and it’s a doozy. Representing an agreement between the budget committees of the Assembly and the Senate, and building on Governor Newsom’s proposal, this $300 billion monstrosity has moved one step closer to becoming final. To fully appreciate how out of...
By Edward Ring
A Surplus of Nonsense in the Governor’s Latest Budget
A Surplus of Nonsense in the Governor’s Latest Budget
There are two big days for a California governor, January 10 when the budget is presented and the May Revise when a few months of additional data and debate have passed. They’re both political documents, allowing governors to play with numbers. Few governors have been as sporting in that enterprise as Gavin Newsom. Last week,...
By John Moorlach
Tony Thurmond – Public Sector Union Operative
Tony Thurmond – Public Sector Union Operative
As the 21st century careens its way towards more geopolitical and economic uncertainty than most people alive today have ever known, with constant and transformative change the only constant, optimists among us still hope that some elements of California’s labor movement will begin to throw their weight behind policies and politicians that offer stability and...
By Edward Ring
California’s schools are burning down, and teachers union leaders bring the gasoline
California’s schools are burning down, and teachers union leaders bring the gasoline
In just three days in early May, California’s teachers unions opened the vault and moved $1.2 million into Tony Thurmond’s campaign for Superintendent of Public Instruction. Thurmond has earned their favor. In nearly four years as the incumbent, he has advanced the unions’ demands to end charter schools, and endorsed teacher strikes — which, in...
By Eric Green
The School Fiscal Officer’s Dilemma
The School Fiscal Officer’s Dilemma
Most California school districts and their labor unions have finally come to terms on COVID-19 protocols, reconciling federal and state funding and mandate issues with the funding given them in several relief packages. Now, a new round of labor unrest is percolating across the state as new compensation contracts are negotiated. Teachers expect sizable raises,...
By Mark Moses
ESG Investing and Public Sector Unions
ESG Investing and Public Sector Unions
This article originally appeared in the California Globe. For the last few decades what used to be referred to as socially responsible investing has more recently morphed into “ESG” investing. The acronym stands for “environment, social, and governance,” and refers to how investors should evaluate the impact that every company they’re considering investing in has, positive or...
By Edward Ring
California State and Local Liabilities Total $1.6 Trillion
California State and Local Liabilities Total $1.6 Trillion
California’s total state and local government debt now stands at almost $1.6 trillion, or about half the state’s GDP. That isn’t an alarming ratio when compared to the national debt, which has now soared to 128 percent of U.S. GDP with no end in sight. But Californians carry this $1.6 trillion state and local debt ($40,000 per capita)...
By Edward Ring