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Finance

Placentia Upgraded to "AA-" in Rare 3-Notch Upgrade

08/09/2022 - 6:48 AM By Brittany M.
Kosmont Financial Services has been serving the City of Placentia as its Municipal Advisor since 2020.
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  • Read more about Placentia Upgraded to "AA-" in Rare 3-Notch Upgrade

San Francisco Could Shift $60 Million in Tax Revenue to Local Schools

07/05/2022 - 3:54 AM By Brittany M.

The San Francisco Board of Supervisors is considering a November ballot measure that would shift $60 million in excess property tax revenue to the school district if approved.

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  • Read more about San Francisco Could Shift $60 Million in Tax Revenue to Local Schools

El Monte Improves Credit Rating Outlook

03/15/2022 - 1:54 PM By Brittany M.
The City of El Monte had its overall credit rating outlook improved from “negative” to “stable” as determined by Standard and Poor Global Ratings (S&P) on March 10, 2022.
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  • Read more about El Monte Improves Credit Rating Outlook

More Cities Are Experimenting With Community Budgets

10/11/2021 - 6:11 PM By Brittany M.
In 2013, Vallejo became the first to adopt a citywide participatory budget process. Sacramento and Los Angeles will launch their own participatory budget experiments this year.
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  • Read more about More Cities Are Experimenting With Community Budgets

Garcetti Proposes UBI, Record Spending on Homelessness as Part of “Equity and Justice Budget”

04/22/2021 - 4:15 AM By Brittany M.

LA Mayor Eric Garcetti proposed the largest basic income pilot program in the nation this week as part of his $11.2 billion budget proposal.

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  • Read more about Garcetti Proposes UBI, Record Spending on Homelessness as Part of “Equity and Justice Budget”

Here’s what your city will get from the COVID relief bill

03/11/2021 - 12:00 PM By Felipa

Here is a breakdown of funding allocations for each county and city by county in California.

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  • Read more about Here’s what your city will get from the COVID relief bill

State Auditor Says CA at Risk of Mismanaging Coronavirus Funds

08/27/2020 - 5:43 AM By Brittany M.

State Auditor Elaine Howle has warned that California is at great risk of mismanaging $71 million in federal funds for COVID-19.

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  • Read more about State Auditor Says CA at Risk of Mismanaging Coronavirus Funds

As California Struggles, Nearly 350,000 Public Employees Are Taking Home Six-Figure Salaries

06/16/2020 - 5:23 AM By Brittany M.

A deep financial dive conducted by the editors at Forbes has revealed over a quarter of a million employees making six-figure salaries in California. The total cost to taxpayers? $54 billion.

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  • Read more about As California Struggles, Nearly 350,000 Public Employees Are Taking Home Six-Figure Salaries

Coronavirus Injects Mass Uncertainty Into Local Budget Discussions

03/26/2020 - 4:02 AM By Brittany M.

Local governments and school districts are struggling to navigate their budget plans in the face of our new, difficult reality.

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  • Read more about Coronavirus Injects Mass Uncertainty Into Local Budget Discussions

Santa Clarita Ranks in Top 5% of Fiscally Healthy Cities. See Which Cities Are at Greatest Risk.

12/05/2019 - 4:22 AM By Brittany M.
State Auditor Elaine Howle recently released her findings of California’s most distressed cities.
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  • Read more about Santa Clarita Ranks in Top 5% of Fiscally Healthy Cities. See Which Cities Are at Greatest Risk.

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Campaigns & Elections

L.A. City Council Candidate Who Stabbed Boy in 2016 Will Not Exit Race
Tuesday, March 10, 2026
2026 is shaping up to be a year of city council candidates with problematic pasts.You may recall…
Bass vs. Raman: The Latest Shakeups in L.A.’s Mayoral Race
Tuesday, February 10, 2026
Former Los Angeles Unified Superintendent Austin Beutner exited the L.A. Mayor’s race last Thursday…
Matt Mahan Enters California Governor’s Race
Thursday, January 29, 2026
San Jose Mayor Matt Mahan has officially entered the crowded race for California Governor. …
Poway Voters Could Recall Controversial Councilman
Tuesday, November 4, 2025
Tuesday, November 4, marks California’s Special Election Day. Voters statewide will weigh in on…
Fairfax Recall Highlights California’s Housing Tensions
Thursday, October 16, 2025
Local officials across California are increasingly caught between state housing mandates and…

Comings & Goings

Pinole hires Garrett Evans as Interim City Manager
Tuesday, March 17, 2026
Six months after his retirement as city manager of Pittsburg, Garrett Evans has landed a new…
Embattled Head of Solano County Homeless Services Agency Resigns
Tuesday, March 10, 2026
Community Action Partnership of Solano Joint Powers Authority (CAP Solano JPA), which coordinates…
After Months in Interim Role, Salvador Mendez Lands Palmdale’s Top Administrative Job
Thursday, March 5, 2026
The Palmdale City Council approved an employment agreement with Salvador Mendez on Tuesday, making…
Fullerton Appoints Permanent City Manager
Thursday, March 5, 2026
Eddie Manfro has assumed the City Manager’s position in Fullerton, California. He was appointed by…
Sacramento Army Reservist Among Six Soldiers Killed in Middle East
Thursday, March 5, 2026
A U.S. Army reservist from Sacramento, California has been identified as one of the six soldiers…

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