budget

Capitol Alert
State tax revenue continues to outpace estimates

Apr 15, 2014
State tax revenue continues to outpace estimates

brownbudget.JPGState tax revenue continued to outpace budget estimates last month, with year-to-date revenue now $1.4 billion more than the Brown administration projected, the state Department of Finance reported Tuesday.

The report is the last benchmark ahead of April, a heavy month for income tax revenue. Last month, personal income tax...

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Davis Vanguard
Report: City of Davis Faces Drastic Cuts Without Sales Tax

Apr 14, 2014
Report: City of Davis Faces Drastic Cuts Without Sales Tax

City Manager Steve Pinkerton has slightly upwardly adjusted city finances since December.  On the whole, he wrote, “On the whole, this updated report shows revenues increasing 8.95 percent while expenditures are increasing at a higher rate (11.29 percent) from FY 2014-15 to FY 2018-19 (Attachments A and B). The City is addressing its shortfall...

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Davis Vanguard
My View: Who Fills the Leadership Void?

Apr 12, 2014
My View: Who Fills the Leadership Void?

If you want to understand the fruits of good planning, and strong leadership, look no further than the reforms to the fire service that were finally implemented in 2013.  The moves were fought at each step of the way by the firefighters’ union, they had proxies in elected officials and some on the council,...

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Davis Vanguard
Fiscal Sustainability – Investing in Our Community

Apr 10, 2014
Fiscal Sustainability – Investing in Our Community

by Rob White Over the last several weeks, I have been having discussions with various parts of our community (both locally and regionally) about some of the investment activities needed to achieve financial outcomes desirable for Davis. Some of these items many Davisites are aware of, but I suspect some will be news. Of...

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Davis Vanguard
Commentary: Teachers Have Legitimate Concerns About Compensation, Particularly Health Care

Apr 9, 2014
Commentary:  Teachers Have Legitimate Concerns About Compensation, Particularly Health Care

Yesterday’s column by the Davis Teacher’s Association Executive board raised some interesting issues.  A few people expressed concerns that the piece was overly negative.  The district finally has a little breathing room and the board took a balanced approach to using the new funding, including a small but notable 2% pay hike plus a...

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Capitol Alert
California’s tax collections jumped by 18.2 percent in 2013

Apr 8, 2014
California’s tax collections jumped by 18.2 percent in 2013

California's tax revenues jumped by 18.2 percent in 2013, thanks to an improving economy and the impact of a temporary sales and income tax increase approved by voters, a new Census Bureau report shows. All tax collections, including those for speci...

Davis Vanguard
Commentary: City Should Read Letters Like These…

Apr 8, 2014
Commentary: City Should Read Letters Like These…

I happened to glance at a letter to the editor this morning that says, “city needs to set priorities.” The letter is short and to the point: “If the city cannot fix potholes in the sun between 8 a.m. and 4 p.m., I’d be hard-pressed to believe it can repair a blown-out transformer at...

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Davis Vanguard
A Stop-Loss, Not a Raise

Apr 8, 2014
A Stop-Loss, Not a Raise

by the DTA Executive Board Recently the Davis Teachers Association voted to ratify a tentative agreement with the Davis Joint Unified School District. This agreement brings about a 2% increase to our members’ salary scales along with a 2% one-time payment. It is the first increase in the better part of a decade, and...

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Capitol Alert
California still holds 4th place in state-local tax burdens

Apr 7, 2014
California still holds 4th place in state-local tax burdens

Californians carried the nation's fourth highest state and local tax burden in 2011, the Tax Foundation says in a new report, largely because its personal incomes are markedly lower than those of other high-tax states. The Washington-based Tax Found...

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Capitol Alert
Website allows tracking of Prop. 30 money to schools

Apr 2, 2014
Website allows tracking of Prop. 30 money to schools

Proposition 30, enacted by voters in 2012 to temporarily raise sales taxes and income taxes on the wealthy, was touted by Gov. Jerry Brown and other proponents as an alternative to making billions of dollars in cuts to state school spending due to stat...

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