Attorney General Questions Legality Of San Jose's Pension Plan
The California Attorney General thinks a plan by Mayor Chuck Reed to lower pensions costs in San Jose by declaring a fiscal state of emergency may be on shaky legal footing.
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The California Attorney General thinks a plan by Mayor Chuck Reed to lower pensions costs in San Jose by declaring a fiscal state of emergency may be on shaky legal footing.
It was standing room only at Tuesday night's Oakland city council meeting with hundreds of city workers and community members protesting Mayor Jean Quan's plan to cut a $58 million deficit.
Governor Jerry Brown could submit a new plan for a balanced budget as early as Wednesday, after vetoing the one passed by the legislature last week.
Doctors Medical Center, San Pablo has been bankrupt before and could be forced into another Chapter 9 filing in the near future.
California's state controller on Tuesday halted paychecks for state lawmakers, saying their recently-submitted budget plan to Gov. Jerry Brown was not balanced as required by law.
In approving the mayor's budget plan, San Jose city officials have put off the possibility of declaring a fiscal emergency so that they can further work with unions on pension reform.
Feinstein first won national office in 1992, and this represents her highest disapproval rating in the year before an election since she became a California senator.
The nation's overall gloomy economic picture was the main topic of discussion when Quan and a handful of her mayoral counterparts held court with Obama and Biden Monday.
The plan has been shelved after its backers failed to raise the $2.4 million needed to fund it.
With 10 days left before California starts a new fiscal year, Democratic and Republican lawmakers are looking to Gov. Jerry Brown for his next move. What that is, he's not saying.
San Francisco Supervisors Monday began their two week annual nip and tuck at the City's new $6.8 billion dollar budget proposal. Compared to past years, it was a tame affair.
A report released Monday tallies the cost of carrying out an execution in California, suggesting that the financial impact to California taxpayers since capital punishment was reinstated in the state is in the neighborhood $4 billion.
Governor Brown's unexpected veto on Thursday, California still does not have a budget and state lawmakers are scratching their heads about what to do next.
California's State Treasurer Bill Lockyer and Assemblywoman Connie Conway offer opposing views on what Gov. Jerry Brown should do now that he's vetoed the state budget, but both agree his decision came as a surprise.
Santa Clara County supervisors faced with a $220 million budget deficit are cutting funding for some 50 non-profit community organizations by 25 percent.