Author: SHANNON NAJMABADI
Anaheim to pay more than $100 million over allegations of illegal sale of Angel Stadium
The City of Anaheim has agreed to pay $96 million to resolve allegations that the municipality violated state law when it sold Angel Stadium. In a special meeting Tuesday night, the Anaheim City Council voted 5-2 to approve a stipulated judgment from Attorney General Rob Bonta regarding the sale of Angel Stadium. The judgment was meant […]
California local governments lost $20 million operating golf courses in fiscal 2020, per report
About two dozen golf courses run by local governments in California lost money in fiscal year 2020. According to a new report from the Reason Foundation, three lost more than $2 million. The report reviewed financial statements from 221 local governments, indicating that they ran golf courses on their 2020 financial reports. Of those, 155 lost […]
Cost of Caltrain electrification project increases to $2.44 billion
A Caltrain project that would electrify a corridor of stations in the Bay Area is coming in $462 million over initial estimates, increasing the project’s price to $2.44 billion, Caltrain announced this week. The project, scheduled to be completed by 2024, would convert diesel-hauled trains to electric trains and install a new catenary system – an […]
Feds block billions in transit funds over CA pension law
The federal government determined California is ineligible for about $12 billion in funds for public transit due to changes to the state’s public pension law, provoking demands from several state officials urging the U.S. Department of Labor to reconsider. The Office of Labor-Management Standards (OLMS) declared that the state was ineligible for billions in transit […]