Municiple Bonds Become Volitile, What Does This Mean For Rialto?

“A decision by Warren Buffett’s Berkshire Hathaway Inc. BRKB +0.28% to end a large wager on the municipal-bond market is deepening questions from some investors about the risks of buying debt issued by cities, states and other public entities.”

“Some investors said the decision to end the bet indicates that one of the world’s savviest investors has doubts about the state of municipal finances“.

Read more of the Wall Street Journal article at the link below:

http://online.wsj.com/article/SB10000872396390443855804577601413630604118.html

So what I find funny in a scary way about all this is Rialto/RUA is looking to take out a $177 Million loan with $27.4 Million in existing debt. I was told that the overall rate is going to be between 7.25% & 7.5%. Yet the bulk ($144 Million) we will be paying 4.33% to 4.83% so the rates average out to be so expensive once we tack on existing debt. Why is that?

First of all because California has borrowed itself into a hole. That’s why governor Brown & a ton of other people have qualified tax measures for the November ballot. They have borrowed us into a massive hole and wont stop spending to save this state.

Second cities, school districts, counties and the state have been using bonds as a dirty band aide for their budget woes. Bonds were seen as good long term investments because municipalities made sure money was there for the bond payments to keep AA & AAA bond ratings or good credit scores. Now they just don’t have the money so they are defaulting on payments or just faulting altogether with Bankruptcy.

I have said time and time again, this deal isn’t good for the RESIDENTS in RIALTO! Yes the infrastructure needs to be upgraded but Rialto and the RESIDENTS are not in the position take on such massive debt while reaching into the pockets of struggling families. Do you know how we are going to pay the interest on this debt; we are borrowing money to pay the first three years. So that means we are borrowing more money than needed to pay interest on debt we cannot afford.

I have heard that this deal is worth $1 Billion to the parties involved. We need to stop this deal in its tracks, hold on and once our economy is back on track look into moving forward. Rialto will be $5 Million in the hole this year. Meaning we are using our reserves for what we can’t get out of our unions in the way of contract negotiations.

The amount of money we are in the hole ($5 Million) is the same amount that staff said was nessicary to bring all the county areas up to city code ($5 Million) since the city and the mangers of the Lytle Creek Development were strong armed by Josie Gonzales and the rest of the Board of Supervisors on the county board. They said if we wanted to annex the county areas in the proposed Lytle Creek Development we must also annex the areas already within our city limits. So when Ed Scott tells you that the water deal isn’t part of the Lytle Creek Development what are we supposed to think with this info. Looks like $5 Million is coming from the borrowed money to fund yet another project.

Warren Buffets recent actions means he dosent trust municipalities ability to re-pay the loans!!!! Said Ric Edelman of Edelman Finacial Services (see the podcast link below, fast forward to the last 7 minutes).

http://www.ricedelman.com/cs/radio_show/past_shows?id=1837

I have been told that this deal is also nessicary for attracting new development. What I find funny is In & Out is good to go for next year and Wal-Mart has won its lawsuits and plans to move forward with plans to re-locate to the empty lot on the corner of San Bernardino and Riverside Avenues (I don’t like this store). So why do we need 30 million dollars? To pay off the back room deals that Ed Scott and Ed Palmer have made with the Lewis builders (Target Developers) and Ron Pharrise the principle owner of the Lytle Creek Development. So once they have wasted the 30 Million dollars then what? Our CURRENT city government is so horrible at attracting real development that the community actually wants.

For example I have heard numerous council members say in reference to In & Out “we need more than another fast food place” or “we have enough burger joints”. We have too many crappy stupid chain fast food burger joints that hire the worst employees, pay the lowest wages and offer horrible customer service. On top of all that they offer a un healthy over processed food option.

In & Out is the best burger option in the State. They offer fresh quality food at a reasonable price. They also are and employer that looks for the best expects the best and pays a very fair wage. They are always clean, polite and productive. The next best option is Bakers but for some reason they are always right smack in the middle of the worst part of the city.

People in Rialto do you want to see this deal drag this city into ruin? How much more money do you want to give these defunct local legislators? Stop the back room deals and call them on this failed deal, also let’s vote for major change in November.

Below is a list of people tied to or working on this Water Deal call and email them and let them know what you think of their deal even if you already called or emailed do it again they have yet to get the message:

All Council Members can be reached at 909-820-2525 begin_of_the_skype_highlighting            909-820-2525     end_of_the_skype_highlighting

Grace Vargas vargasg@rialtoca.gov

Ed Scott

scotte@rialtoca.gov

Joe Baca Jr

bacaj@rialtoca.gov

Ed Palmer

palmere@rialtoca.gov

Deborah Robertson

robertsond@rialtoca.gov

Contact Anthony W. Araiza General Manager

administration@wvwd.org
Table Rock Finacial:
Megan – 415-497-2320 begin_of_the_skype_highlighting            415-497-2320     end_of_the_skype_highlighting
Lynn Smull – 510-326-3209 begin_of_the_skype_highlighting            510-326-3209     end_of_the_skype_highlighting

855 W. Base Line Road P.O. Box 920 Rialto, CA  92377 Ph: (909) 875-1804 begin_of_the_skype_highlighting            (909) 875-1804     end_of_the_skype_highlighting ext. 703 Fx: (909) 875-7284

Were not the only ones smelling coruption

Let’s start with some awesome news we have the attention of more than just or city council we have senators and senators of the future, financial advisors and Dr. Imran Farooq.

Mr. Farooq is a partner at:

The Omnius Group – The Omnius Group specializes in comprehensive economic development to dynamically integrate public and private sectors. Our experience includes real estate development, commercial finance, green technologies, workforce development and extensive relationships across local, state and federal agencies. Our objective is to pursue projects that incorporate economic, social and environmental value in the local communities.

http://www.facebook.com/DrIFarooq

His preliminary advice is to look at:

Is it possible to propose exemptions to rate increases depending on household incomes? This might be a way to protect the most vulnerable in the community but still facilitate the deemed ‘necessary’ upgrades.

Now we were sent an interesting piece of news. The article below is about the failure of American Water to secure the contract with the City of Rialto. I find it interesting that in the press release they (RWS) claim they decided to sever ties with American Water, but here it looks like American Water was the one cutting the ties. Insiders have told me that the cities decision to ignore the residents desire to put the outsourcing issue to a vote in November gave American Water an uneasy feeling about moving forward. The city attorney’s bad advice to the council now looks like a failed political move.

You see they didn’t put the issue on the ballot for a ton of reasons:

  • They don’t want to know what you think, at least the Eds and the city attorney. Call them sometime and try asking questions they will try everything in their power to shove you off they just want to make their money.
  • They know it’s an election year with a presidential election which means more people at the polls.
  • Putting the issue on the ballot would remove their ability to say that most of the people want this deal.
  • The city wants to have a stock pile of money to dip into to bring us “Development”. What happens once the $30 Million is gone and spent? How then will you bring us the economic development we desire?
  • The city tried to hide from their bad decision by saying it was a union issue not a community issue, let alone I saw hundreds of residents getting petitions signed the union got what they wanted and left, the residents are still here and a few of us refuse to stop fighting.
  • Lastly, from the looks of the words of American Water’s CEO American Water walked away. So the city took what they thought would remain secret and tell us we (Council) have decided to remove American Water from the deal and not change the deal just the players right before an election. They didn’t hear us if they did they would have started from the ground up and better involve the community and find ways to protect residents that are elderly, poor and struggling.

Also if this deal is to bring Development to our city can someone explain the consequences of their miss-direction and lies as seen at the bottom of this article from the Public Works Newsletter:

 

The deal called for American Water to be paid $26.5 million a year to run the system and cover certain maintenance expenses – but not counting the automatic price escalator each year. Multiply that out 30 years – and that’s just for the O&M, which of course must be covered by sufficient revenues from the ratepayers, on top of covering the financing for the improvements, the $30 million “catch up lease payment” to the City, refinancing existing RUA debt (at much higher interest rates), etc.

When I asked Megan Madsen from Table Rock Financial about the built in profit guarantee that was there for American Water she said she had no idea what I was talking about. So when information I stumbled across leads one to believe there is more than they are telling us. Does anyone know that 27.4 million is going toward refinancing existing debt?

 

No one will tell us the rates they are financing at or why it nessicary to add such a massive amount of debt to something that’s tied to our WATER & WASTE WATER systems. On financial person told me that depending on how the loan is structured it may very well hurt more than help if the city ever found its self in the same situation as our neighbor San Bernardino. I have been told we will be in deficit spending this next fiscal year in the realm of $5 million dollars.

We need to be wiser to WHO is sitting on certain sub communities when it comes to dealings with contracting out services.

 

Update on the American Water Petitions and Prop 218 Protest Letters

Dear friends and neighbors:

As you know, we are fighting the American Water privatization deal in Rialto in two different ways:  first, the petition we recently filed to require the City to place the American Water contract up for a vote of the people; and second, the Prop 218 process for Rialto property owners to block the rate hikes the City is trying to impose in order to pay for this misguided scheme.

I am writing to alert you to developments on both fronts.

Concerning the voter petition, the San Bernardino Sun reported today that the City has forwarded our petitions to the County of San Bernardino to certify whether we have submitted enough signatures from registered voters to qualify for the ballot.  The County says that process will take about two weeks.

We expect the County to confirm that we have submitted more than enough votes to place this critical decision before the voters of Rialto.  You can read the Sun’s article at the following link:

http://www.sbsun.com/ci_20648408/county-elections-staff-verifying-signatures-rialto-petition-vote

Concerning the Prop 218 process, we mailed protest cards today to all Rialto property owners.  These cards provide property owners with a convenient way to tell the City that the people of Rialto reject these unfair rate hikes.  We also included a postage-prepaid envelope to make it easy for impacted property owners to return the protest cards.

Under Proposition 218, if a majority of impacted property owners file protests with the City, the City cannot impose these rate hikes!

If you are property owner in Rialto – or a renter who is responsible for paying the water or sewer bill – we encourage you to return the protest card as soon as you receive it.  If you receive a mailing from SOS Rialto Water, please open it immediately; sign the enclosed protest card; and return it to us in the postage-prepaid envelope.

We will deliver every protest card we receive to the City Clerk’s office before the June 12 deadline.

Please remember – Rialto property owners can block these unfair rate hikes, but only if a sufficient number of protests are filed with the City by June 12.  Please return your protest card to SOS Rialto Water immediately.

Thank you again for your support in blocking these unfair rate hikes.

Sincerely,

Mark Brooks

SOS Rialto Water and Utility Workers Union of America

The person that really makes out on Rialto’s Water Sale

Who Really owns Rialto?????

Below is a letter from the San Bernardino Sun Newspaper from realeste developer  Randall Lewis. In it he makes it sound like what the city council did by voting to outsource our water department was a good thing. What it really boils down to is a group of lobbies that are getting well fed while the rate payer suffer for the next 30 yrs. What people like Midge Zupanic, Max & Pualine Tiddler, the Mayor and all of council don’t seem to understand is we can swallow the idea that rates may need to be adjusted, and that the repairs that THEY have failed to implement over the years need to be done. But what we don’t need to do is:

  • Promise American Water or any other company a 30 year contract that runs like a mortgage, meaning if we get a few years into this and find out they couldn’t deliver on their promises we are on the hook to re-pay 130 million early termination charge that reduces by 4 million for every year until the end of 30 years.
  • Promise American Water or any other company 30% profit every year for 30 years.
  • Use the 30 million dollar pay off to line the pockets of developers like Ron Pharris or Randall Lewis.
  • To pander to one union while stabbing another in the back.

The reason you have petitions in circulation right now is the AFL-CIO/TEAMSTERS will lose the shop because it will no longer be a union shop, the current employees are only guaranteed their jobs for a year and a half after that there is no promises of jobs. So while they are singing the praises of creating jobs in the industry of construction of the water system upgrades, they are signing the pink slips for every water and waste water employee & their families. Our Mayor and city council sold their own people down the river for the promise of a Target Shopping Center, a Super Walmart (which is still in litigation), a Lowes and then maybe we will finish the In and Out Project. Most of this money (30 million Dollar pay off) will be given to Randall Lewis for his “Target” Shopping Center. Our water employees family’s will suffer because of this councils actions and the prior ones inactions.

  • Fail to give the community the ability to decide. People have to force the city to seek out what the public thinks and wants to do.

Most of the proponents of this Sale are Elderly meaning they Qualify for the 20% discount for low-income and senior citizens. Also meaning that they wont be alive to see the end of this bad deal. Yet we will all suffer their ill-informed, illegal decision.

So when you get recorded calls from the city telling you not to sign the petition and allow democracy to decide this very important decision, or the city manager mayor and  sell Rialto down the river lobby (Randall Lewis and Ron Pharris) write letters to the sun stating how great this is and that we should be proud of this council and mayor. Listen to what their not saying. If you see them tell them what you think and ask them why we didn’t hear any of the other proposals from local companies working with local water and waste water systems. Ask them if they will repeal the brown lawn ordnance since we will no longer be able to afford to water our lawns. Ask them if they even CARE.

 

 

Rialto invests in itself

RandallLewissbsun.com

Posted:   05/03/2012 09:05:21 PM PDT

A city’s economic vitality is based in large part on its ability to create jobs and it’s commendable to see that the leaders of Rialto understand that necessity. The city has faced difficult choices and will face more in the months ahead as it positions itself for an economic recovery that will favor those communities with the infrastructure to compete for new businesses.We understand that growth requires investment, and appreciate what Rialto has done in that regard. Recently, the City Council took the difficult step of raising water rates, with the very specific intention of reinvesting in the community to help make Rialto more competitive.

However, it doesn’t end there. With the loss of redevelopment agencies, cities need to be more resourceful and visionary than ever. They need to address challenges head on and turn them into opportunities.

By taking bold steps, Rialto is fulfilling its promise of a “2nd Century of Progress.” That bodes well for the city’s economy and its ability to provide residents with the essential services they’ve come to expect.

RANDALL LEWIS

Lewis Group of Companies Upland

URGENT PLANNING MEETING

URGENT PLANNING MEETING
Thursday, April 19, 2012, 6:00 p.m.
Teamster Local 63 Hall
379 W. Valley Blvd.,
Rialto, CA  92376
Dear friends and neighbors:
Please come to an urgent meeting to help make plans for stopping the outrageous water and sewer rate hikes recently approved by the Rialto City Council. …
As you know, the Council voted on March 27 to impose huge water and sewer rate hikes on you and your neighbors, and to saddle ratepayers with an outrageous 30-year contract for American Water Company to run the City’s water system. Rialto citizens can block these unfair rate hikes, but there is no time to lose!
We need to collect thousands of signatures in Rialto over the next few weeks. This urgent planning meeting will take place on Thursday, April 19, at 6:00 p.m., at the Teamsters Local 63 Hall, 379 W. Valley Blvd., Rialto, CA  92376.
We will have the necessary campaign materials at the meeting. We will also provide pizza and soft drinks.
Thank you for your continuing support.
We look forward to seeing you at this important meeting.
Sincerely,
Mark Brooks
Stop Rialto Water Rate Hikes!

Rialto water rate hike is necessary??? Mayor thinks so.

Below is the article Mayor of Rialto Grace Vargas had published in the San Bernardino Sun Paper on Easter Sunday.
I totally disagree with everything this Mayor says here, and now that she is ending her term as mayor and not seeking re-election she seems to not care what direction our poor city is thrown in. Also he uses this forum to make lies and false statements so that no one can refute them, when the 80 people took the time to come down and tell the city government what they thought about the bad deal they were making they sat silent. They only responded to the various Labor Union reps that lived outside the city advocating for the POSSIBILITY of jobs.
So what I will do here is give the honest reasons this is happening and voice what the people really said they wanted at the last council meeting. Our responses will be in bold black hers will be in normal type and font.

Raising rates for city services is something no mayor or council member wants to do.

From the looks of it Mayor Vargas, Ed Scott, Ed Palmer, Deborah Robertson all in favor as well as new City Manager Mike Story the only one that has voted no twice was Joe Baca Jr. Thank You Mr Baca. Your votes speak volumes we no longer listen to your words.

Sometimes, though, the alternative is worse, which is where we in Rialto found ourselves as we confronted the reality of a city water and wastewater system badly in need of repair.

If this is so then its your fault for not directing the water company to slowly make these improvements, it is your lack of leadership and responsibility that has brought us here you have had the job as Mayor for the last 12 years.

Though we’ve been holding down rates for years, time had run out. Our system needs more than $40 million in upgrades – far more than we can afford with existing revenue streams.

I grew up in Rialto made the mistake of buying my first home here NEVER did I here you’re getting water at cost I hope your appreciating it. Quite the contrary we have been paying a perchlorate fee for years, 8% utility tax that was sold as a way to keep public safety at good standards now its going into the general fund to be mismanaged. Please stop saying you have kept rates low it all sounds like lies because we all pay our bills and we know what we have been paying.

In addition, the loss of redevelopment financing has left us unable to provide the kind of infrastructure improvements needed to attract businesses and retailers that create jobs, pay taxes and improve our quality of life.

Giving away free money to businesses to get them to come to Rialto is a lazy way of development. RDA made cities lazy gave away money and paid fees developers should have paid as the cost of doing business. Developers like Lewis and Pharasse are using you to force us to pay for the cost of doing business. When Lewis Properties builds out the area ear marked for Target they will throw lame lazy security guards out to help protect the property, one old man in a truck that will pester Girl Scouts selling cookies but hides behind the old circuit city and sleeps while his son walks around with what looks like his detec ( Detec is a magnet with a chip the guard touches it to a certain spot will hear a beep and the company know he did his particular rounds). Pharasse Homes wants every lawn to look like the Country Club he destroyed, he wants the city to force us to make improvements he should be making if he wants to build his monster of a housing development in the Lytle creek wash.

This past week, that forced us into a difficult, unpopular, but necessary decision to raise rates for Rialto water customers as part of a public-private partnership with American Water.

Difficult I think not you had your minds made up before you hit the door, Unpopular YES, necessary NOPE. Take the PUBLIC out of your statements regarding American Water They are Really German Water and the REAL PUBLIC wants nothing to do with them.

Much was said about this in the months, weeks and days leading up to the vote, and as someone who has lived in Rialto for 30 years and has been your mayor for the past 12, I certainly understand and appreciate the concerns that were expressed. These are difficult economic times, and to add higher water rates on top of that is a sacrifice for many.

Yes a lot was said since this issue came to be, and you ignored all of the RESIDENTS & BUSINESS owners who want nothing to do with this deal. Even Joe Baca Jr. who is normally right in line with all the unions you let in to speak on Tuesday and even responded to their comments saw that this was a bad deal for Rialto and its residents. REALLY Grace REALLY!!!!!!

But let me assure you that we’re doing this for the right reason. Those of us elected by you to make these kinds of difficult choices do so because we believe in Rialto, and we believe in you. We live here, and, like you, we want what’s best for the community.

What is your idea of the right reason? Unions Jobs? Taking advantage of a low-income community? guaranteeing German Water a 30% profit every year for 30 years? Outsourcing jobs? Paying for things that companies should be paying for THE COST OF DOING BUSINESS? Oh and don’t worry we won’t vote for any of you ever again (Joe Baca Jr excluded) so you wont be bothered with listening to what the VOTERS want rather than the various lobbyist you actually do work for.

Our responsibility to manage city government and to provide the quality of services you’ve come to expect will, from time to time, causes to do things reluctantly. Certainly this is one of those occasions. We don’t want to raise rates, but we know it’s necessary.

You know its necessary to GARUNTEE 30% profits yearly for 30 years? Also yes you do want the rates to rise because it also fills your 8% Utility Tax slush fund, as the rates rise so do the proceeds from the ADDITIONAL TAX.

Also, with the recent loss of our Redevelopment Agency, we understand how important the public-partnership can be to our present and future. As part of this agreement, $30 million in improvements can be used to attract the kind of businesses we all would like to see in our community, like Target, Super Walmart and In-N-Out Burger.

I love Target and havent been inside of a walmart in 5 years, and I would love an In & Out in Rialto. BUt I would not shop at either big box store here in Rialto and might use the drive thru at In & Out. Rialto isn’t a safe place it just isn’t. Our police work very hard but we don’t support or staff our police with the resources to handle the added theft and crime big retail brings and the In & Out will be an awesome stop and rob location get off on Riverside Rob the restaurant shoot a few people jump back on and be gone. I have been near robbed at Bakers both Carls Jrs (Foothill and North Riverside) the Post Office right next to city hall and countless times at the Homedepot shopping center and that’s just me!!!!!!!!

Let me give you 2 examples of a city similar size of Rialto and how they handle it. Redlands PD actually communicates with the Loss Prevention personnel at the big retail locations, they come out and actually arrest and protect in their city.

San Bernardino never comes out for theft even a 211S doesnt get them moving, they can have someone report a male beating on a female less that 100 feet away and they will ignore it and let the male finish her off. San Bernardino is so dangerous because the police don’t care and the city is horribly mis-managed bring in big retail with no plan to handle all the crap and get ready for a bumpy ride.

Oh and NO ONE wants a Super Wal-Mart or a Lowes, Wal-Mart Ugh and Lowes can’t carry another location in the area look at the north San Bernardino building that now sits empty.

It is, in a way, like running a business. If we’re to succeed, we need to invest.

If your running a business then why did you put up a 7 year moratorium building along the 210 freeway in Rialto? Was that a wise BUSINESS IDEA? We need to take the 30 million fix our own infrastructure, if its really that bad.

Fortunately, our “business” – our community – has always shown an amazing ability to work together, and I’m confident that this will be no exception. We may have our disagreements, but when all is said and done, we want the same thing – a vibrant, healthy Rialto.

We no longer want to work with any of you, leave by yourselves or just wait for the election but everyone’s days are numbered as leaders of Rialto.

In the coming weeks, you will get information on Proposition 218, which offers an opportunity to vote down this increase. You owe it to yourselves to study the facts – the reality we face – and make an informed decision.

The communities biggest beef with the council, mayor and city manager was the fact that they sent this deal packing and thought you were looking at other options. What do you do bring back the same bad deal and force feed us, I cant wait to cast my NO VOTE.

Once you do, I am confident you will see this the way the City Council did, and continue to work with us in turning these very difficult economic challenges into opportunities our entire community will be able to take advantage of.

 Grace Vargas is mayor of Rialto.

Ok here is what I think this really is. It’s the councils answer to losing RDA funding. Their Democrat Governor gave them the shaft and took away their easy way of attracting business. So they find a way to pull 30 million to continue with the status quo and let the tax payers suffer. Most of this 30 million will be spent on the Target project with lewis homes. Ask your city government how much money we have already wasted on environmental and economic impact studies along with the massive cost of shutting down the Airport and moving two major helicopter agencies to San Bernardino Airport. The sheriffs department & Mercy Air. The Target project has seen 20 & 30 million thrown at it and was never seen again. Lewis Properties needs to stay in Rancho and other high-end cites where crime is low a thier lame security staff wont be bothered. The filth of Rialto will harm the shoppers and destroy the lame post guards.

Was West Valley Water ever considered? I actually thought I paid my bill to them when I forgot to mail my bill and went up to baseline to pay only to be told that I had to go to city hall to pay my bill? Why is the city split so awkwardly?

No when I call German Water about my bill or service I will get some guy named tom from India with such a strong accent I wont even be able to understand him. Or have an automated bill paying station in a convient place for thugs to rob me and vandals to destroy. Thus giving German Water the ability to say because the costs are so much operating in Rialto the rates will increase more than originally anticipated blah blah blah blah blah………………………….

Stolen Money

Below is the link to the story that soured this post:

 

http://www.newsday.com/news/nation/calif-lawmakers-switch-days-to-collect-payments-1.3538968

The link above is to an associated press story about the continued waste of money that our legislators are guilty of almost daily. The go to Sacramento only to ensure that they will make their per diem, on that cost tax payers 65,000 TAX DOLLARS. That means 65,000 less to help fix the budget problems, but the have once again lined their pockets without any regard for the voters concerns.

You know the old saying how do you know when an elected official is lieing? When their lips are moving.

Seems about right, because when its election time they will tell you why they are in Sacramento the people (lie). I’m sorry to say that democrats and Republicans are both just as bad. They are not in Sacramento for your voice they are there to line their pockets and live off the government forever. How long are we going to let these people continue to take advantage of us and destroy our cites, state & country. 5th district supervisor Josie Gonzales actually told the sun in an interview in reference to pension reform and the San Bernardino County employee union putting out a petition to make San Bernardino County supervisors a part-time job, that she had financial obligations that must be met and if the board became part-time she would step down. REALLY!!!!!!!!!!!!!! So why are you there Mrs Gonzales?

Below are some other articles where CA is hurt and hemorrhaging and could use every penny we can find.

Employee losses due to loss of RDA’s and tight budgets:

http://www.sbsun.com/news/ci_20006550

“Rialto and Highland, for example, have found ways to keep their former Redevelopment Agency employees on the payroll, officials said.”

Mass Teacher layoffs due to 22 million dollar budget cuts:

http://www.sbsun.com/news/ci_20001266

“In a best-case scenario, reduced funding from the state will force the district to cut its 2012-2013 budget by roughly $22 million, which would mean roughly 162 employees, including teachers and administrators, would receive layoff notices before the annual March 15 notification deadline. ”

Redevelopment dollars gone without a solution:

http://www.sbsun.com/news/ci_19998785

“You hear a lot of stories about California redevelopment agencies being abused to advance the agenda of the downtown elite, but more often than not, CRAs are used for their expressed purpose, which is to address blight, serve underrepresented communities, and maybe, more importantly than anything else, provide affordable housing in regions where there isn’t enough.”
This one cracks me up, they say that their was abuse and misuse? What about what lawmakers do daily?????????
People stand up and take action before its to late. Look for lawmakers that will fight their voters convictions not their own and fight it through even if it will make relection harder.

 

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