Research Studies

Quantifying and Explaining California’s Educational Construction Debt (Section 3 of 9)

Quantifying and Explaining California’s Educational Construction Debt (Section 3 of 9)

See the complete California Policy Center report For the Kids: California Voters Must Become Wary of Borrowing Billions More from Wealthy Investors for Educational Construction (complete, printable PDF Version, 4 MB, 361 pages) Links to all sections of this study readable online: Executive Summary: “For the Kids” – Comprehensive Review of California School Bonds (1 of 9) More Borrowing for California Educational...

By Kevin Dayton

How California School and College Districts Acquire and Manage Debt (Section 4 of 9)

How California School and College Districts Acquire and Manage Debt (Section 4 of 9)

See the complete California Policy Center report For the Kids: California Voters Must Become Wary of Borrowing Billions More from Wealthy Investors for Educational Construction (complete, printable PDF Version, 4 MB, 361 pages) Links to all sections of this study readable online: Executive Summary: “For the Kids” – Comprehensive Review of California School Bonds (1 of 9)...

By Kevin Dayton

Capital Appreciation Bonds: Disturbing Repayment Terms (Section 5 of 9)

Capital Appreciation Bonds: Disturbing Repayment Terms (Section 5 of 9)

See the complete California Policy Center report For the Kids: California Voters Must Become Wary of Borrowing Billions More from Wealthy Investors for Educational Construction (complete, printable PDF Version, 4 MB, 361 pages) Links to all sections of this study readable online: Executive Summary: “For the Kids” – Comprehensive Review of California School Bonds (1 of 9)...

By Kevin Dayton

Tricks of the Trade: Questionable Behavior with Bonds (Section 6 of 9)

Tricks of the Trade: Questionable Behavior with Bonds (Section 6 of 9)

See the complete California Policy Center report For the Kids: California Voters Must Become Wary of Borrowing Billions More from Wealthy Investors for Educational Construction (complete, printable PDF Version, 4 MB, 361 pages) Links to all sections of this study readable online: Executive Summary: “For the Kids” – Comprehensive Review of California School Bonds (1 of 9)...

By Kevin Dayton

The System Is Skewed to Pass Bond Measures (Section 7 of 9)

The System Is Skewed to Pass Bond Measures (Section 7 of 9)

See the complete California Policy Center report For the Kids: California Voters Must Become Wary of Borrowing Billions More from Wealthy Investors for Educational Construction (complete, printable PDF Version, 4 MB, 361 pages) Links to all sections of this study readable online: Executive Summary: “For the Kids” – Comprehensive Review of California School Bonds (1 of 9) More Borrowing for California Educational...

By Kevin Dayton

More Trouble with Bond Finance for Educational Construction (Section 8 of 9)

More Trouble with Bond Finance for Educational Construction (Section 8 of 9)

See the complete California Policy Center report For the Kids: California Voters Must Become Wary of Borrowing Billions More from Wealthy Investors for Educational Construction (complete, printable PDF Version, 4 MB, 361 pages) Links to all sections of this study readable online: Executive Summary: “For the Kids” – Comprehensive Review of California School Bonds (1 of 9)...

By Kevin Dayton

Improving Oversight, Accountability, and Fiscal Responsibility (Section 9 of 9)

Improving Oversight, Accountability, and Fiscal Responsibility (Section 9 of 9)

See the complete California Policy Center report For the Kids: California Voters Must Become Wary of Borrowing Billions More from Wealthy Investors for Educational Construction (complete, printable PDF Version, 4 MB, 361 pages) Links to all sections of this study readable online: Executive Summary: “For the Kids” – Comprehensive Review of California School Bonds (1 of 9)...

By Kevin Dayton

Table A-2 California Community College District Enrollment Fall 2014 Ranked by Number of Students

Table A-2 California Community College District Enrollment Fall 2014 Ranked by Number of Students

See the complete California Policy Center report For the Kids: California Voters Must Become Wary of Borrowing Billions More from Wealthy Investors for Educational Construction (complete, printable PDF Version, 4 MB, 361 pages) Links to all sections of this study readable online: Executive Summary: “For the Kids” – Comprehensive Review of California School Bonds (1 of 9)...

By Kevin Dayton

Analyzing the Cost and Performance of LAUSD Traditional High Schools and LAUSD Alliance Charter High Schools

Analyzing the Cost and Performance of LAUSD Traditional High Schools and LAUSD Alliance Charter High Schools

Download printable PDF version Summary:  This study examines cost-per-pupil for high school students in the Los Angeles Unified School District (LAUSD), comparing its traditional public schools to those attending its largest charter school network, the Alliance College Ready Public Schools. It also examines the educational achievement outcomes for traditional and charter high school students, focusing on...

By Marc Joffe

Rolls Royce Health Care Plans for L.A. County Public Agencies

Rolls Royce Health Care Plans for L.A. County Public Agencies

SUMMARY:  The price of health insurance in America has consistently risen faster than the rate of inflation and, despite the intentions of the Affordable Care Act (ACA), is projected to continue to do so for the foreseeable future. A provision of the ACA known as the ‘Cadillac Tax’ is designed to discourage employers from purchasing...

By Robert Fellner

Unrecognized Legacy of Prop 39: $137 Billion in Payments Due for Money Already Borrowed and Spent

Unrecognized Legacy of Prop 39: $137 Billion in Payments Due for Money Already Borrowed and Spent

How much debt has accumulated as the State of California and its local K-12 school and community college districts relentlessly borrow money for school construction by selling bonds to investors? No one seems to know. In April 2013, the California Policy Center published a report entitled Calculating California’s Total State and Local Government Debt, which attempted to...

By Kevin Dayton

How Much Have California Voters Recently Authorized to Borrow for School Construction?

How Much Have California Voters Recently Authorized to Borrow for School Construction?

Next year California voters may be asked to authorize the State of California to borrow another $9 billion to help K-12 school and community college districts pay for more educational construction. This $9 billion would be obtained by selling bonds to investors and paying it back – with interest – over several decades using the...

By Kevin Dayton

Debt and Tax Limits Always Waived When School Districts Want to Borrow More Money

Debt and Tax Limits Always Waived When School Districts Want to Borrow More Money

Research by the California Policy Center now allows the People of California to see – for the first time – a chart listing all California K-12 school district requests to the state for waivers to sell bonds for school construction. These waivers allow school districts to circumvent state laws meant to protect property owners from...

By Kevin Dayton

Examining Public Pay in California: The Los Angeles Department of Water and Power

Examining Public Pay in California: The Los Angeles Department of Water and Power

Summary:  The Los Angeles Department of Water and Power (DWP) is the nation’s largest municipal utility, but it may also be one of the clearest examples of excessive public pay driven by powerful public sector unions. This paper analyzes the pay received by DWP employees to their non-DWP counterparts and finds that the average DWP...

By Robert Fellner