Articles Tagged With ‘Taxes’

Drone crashes into Navy ship off California coast

An American drone crashed into a Navy ship off the coast of Southern California Saturday afternoon, injuring two sailors. [RT] The $4 million Reaper drone veered out of control during an operation testing the USS Chancellorsville’s combat weapons system. Navy... (Continue reading)

Making an old crime pay

Taking a stab at an issue that might become commonplace in other states soon, Denver’s city fathers are laying down retail rules and tax proposals for the non-medical sales of marijuana in neighborhood settings. (Denver Post) Colorado voters approved legalization... (Continue reading)

Bankrupt California city to vote on sales tax hike

The city of Stockton, which last year became the largest U.S. city to file for bankruptcy, will vote on whether or not to raise taxes to help ease its financial troubles. [News10] The Stockton City Council voted Tuesday night to... (Continue reading)

SLO County homeowners facing property tax hikes

Property taxes for about 24,000 San Luis Obispo County homeowners could increase more than 2 percent next year, according to County Assessor Tom Bordonaro. [Tribune] Proposition 13, which California voters passed in 1978, limits yearly property tax increases to 2... (Continue reading)

San Luis Obispo adopts $111 million budget

By JOSH FRIEDMAN The San Luis Obispo City Council adopted a $111 million budget for the upcoming fiscal year Tuesday night. Ten years ago, the council adopted a $72 million budget for 2003-2004. In that past ten years, the population... (Continue reading)

SLO considering a pension obligation bond

By JOSH FRIEDMAN The city of San Luis Obispo may turn to debt financing to address its growing pension liabilities. During a two-year budgeting meeting Monday, interim finance director Wayne Padilla said city management is considering recommending that the council... (Continue reading)

Debate rages over California’s budget surplus

After years of battling over state budget deficits and spending cuts, California lawmakers are now arguing over how the state should deal with an unexpected surplus. [NewYorkTimes] The Legislature’s independent financial analyst estimates the surplus at about $4.4 billion while... (Continue reading)

Weyrich’s continuing money woes

David Weyrich, the owner of the Carlton Hotel in Atascadero, is working to keep the landmark hotel off the auction block. Weyrich owes San Luis Obispo County more than $900,000 in unpaid taxes on the hotel property. Without a payment... (Continue reading)

SLO County considering consolidating financial offices

Members of the San Luis Obispo County Board of Supervisors are slated to vote on Tuesday whether or not to consolidate the offices of Treasurer-Tax Collector and Auditor-Controller. Frank Freitas, the county’s former treasurer-tax collector, retired last year. If the... (Continue reading)

Do not consolidate SLO County financial offices

Letter from KAREN ADAMS to the San Luis Obispo County Board of Supervisors As the Merced County Treasurer-Tax Collector, I request that you do not approve the consolidation of Treasurer-Tax Collector with Auditor-Controller. I testified at the California Senate Local... (Continue reading)