March 13, 2018
Many of California’s 482 cities are in financial distress, facing a tipping point to insolvency mainly due to unfunded pension liabilities. Yet many other cities are in decent financial condition, according to their audited financial statements, as presented in their Comprehensive Annual Financial...
September 22, 2017
Supermajority legislative leaders declared that the 2017 Session "may be the most productive and progressive legislative session in memory." They may be right. And it's only half done. We don't know if that is something to brag about, though. We believe that media perspectives describing 2017 as a...
January 31, 2017
Will California pass public pension reform?
January 29, 2017
Have you ever watched someone playing chess who realizes that they are a few moves away from being checkmated? But, instead of playing to the conclusion or tipping the king, the player totally disrupts the board and storms off in a tantrum?
January 12, 2017
If California decides to draw a line in the sand, Trump, the consummate businessman, might not view California as a very good investment.
January 9, 2017
Senator Moorlach's Notes on Analyzing the Governor's 2017-18 Budget Proposal 1. California's Net Financial Position California’s “net” financial position is a $169 billion deficit ($4,375 per person) according to the most recent Comprehensive Annual Financial Report (CAFR). This figure should be...
January 5, 2017
[posted with permission from The Daily Journal] The Democrat-controlled state Legislature's decision to hire former Obama administration Attorney General Eric H. Holder Jr. raises questions about how California's collection of top attorneys will work together, and if the move will spark or avoid...
January 4, 2017
California will soon have a new attorney general, who may have several new powers and responsibilities if the state Legislature gets its way.
December 3, 2016
The Legislative Analyst’s Office recently announced that it is forecasting a $2.8 billion budget surplus for the state of California next year. As the SNL Church Lady would say, “Isn’t that special?”
November 20, 2016
There’s a basic truth worth remembering whenever someone proposes new legislation: What problem is it attempting to solve? This political guidepost came to mind in the last session when reviewing State Constitutional Amendment 8, which would have forced several counties in California to increase the number of seats on their boards of supervisors.