“Over the last year, 18 states have proposed or adopted state legislation or regulation limiting the ability of the state government, including public retirement plans, to do business with entities that are identified as ‘boycotting’ certain industries based on environmental,… Continue Reading →
The Grand Jury of San Diego issued a report of this title yesterday. Also, at yesterday’s GFOA (Government Finance Officers Association) business meeting, the group voted that the Government Accounting Standards Board should stay away from the topic of sustainability. … Continue Reading →
See this post on Reuters for discussion about Antioch, latest city in California to talk bankruptcy. There is a bill, sponsored by state senator Mendoza, AB155, that would require cities to go through the state (via the California Debt and… Continue Reading →
Tight financial margins are not kind to political squabbles. In the last few weeks the city of Los Angeles has been engaged in a squabble with the city council and its utility, the Los Angeles Department of Water and Power… Continue Reading →
Here’s a clip from the California League of Cities concerning AB 155. AB155 (and its parallel, SB88) briefly, would prevent California cities from filing bankruptcy without going through the state — California Debt Investment Advisory Commission (CDIAC). Numerous other states have… Continue Reading →
Midterm congressional elections will be lively this year. Conditions are ripe for tax and spending initiatives and numerous recall elections are also on the popular agenda. Budget deficits, rising taxation and runaway spending are factors leading to tax and spending limitations. … Continue Reading →
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