Public CEO

After nearly two years serving as the example of what not to do, and serving as the punching bag for the media and government watchdogs, Bell is fighting back. Only a few days removed from another lawsuit alleging that it

No one thinks the pension reform package announced by the Governor and Legislative Leadership is perfect. In fact, describing the proposed reforms as ‘comprehensive’ is a brazen and intentional fallacy. But is a partial solution better or worse than no

San Jose has experienced a recent spike in violent crime, and now its mobilizing its police on a gang intervention mission to keep the violence from spiraling any further. Over the past week there have been seven homicides in San

Costa Mesa’s ongoing efforts to outsource numerous public services has been dealt another speed bump by the Fourth District Court of Appeals, even as it was shown the way forward in the same court opinion. In an opinion issued on

Just six months after the Joint Legislative Audit Committee in Sacramento requested the California State Auditor investigate concerns over the City of San José’s operating budget and pension obligations, findings have been disclosed. The report describes the figures cited by

If the Legislature attempts pension reform this month, one of the targets may be “air time,” a decade-old policy that allows CalPERS and CalSTRS members to boost their pensions by buying up to five years of additional service credit. Another

Originally posted at www.calpensions.com A Stockton bankruptcy proposal does not cut pensions, but the city wants to eliminate $197.5 million in pension bond payments over the next 25 years, a plan opposed by the bond insurer that would be stuck

On Friday, I offered the opinion that bankruptcy will continue to be an anomaly in the “new normal” that will emerge from this recession. There is, however, one factor that could change that: the shortsighted and toxic impact of state

Over the last twenty years, San Bernardino ignored an economic hole by that resulted in municipal insolvency. On the heels of that revelation, the city council acted on Tuesday night to declare bankruptcy. According to the acting City Manager Andrea

It has become almost cliche to say that water is the “next oil,”  but the big difference between oil and water is that, if we have to, we can live without oil. A recently released documentary, “Last Call at the