The COVID-19 pandemic is placing severe fiscal pressure on California cities. Federal aid is unlikely to offset the large losses city managers are anticipating. Before
Before the public health and economic disasters wreaked by the COVID-19 pandemic ruins more lives, California policymakers need to carefully assess the costs of a
San Francisco has spent decades building, restoring and subsidizing affordable housing as a solution to homelessness, but this approach is surprisingly expensive. Before doubling down
Today, Reason Foundation released a study of Los Angeles Unified School District (LAUSD) finances. We find that the nation’s second-largest school district faces insolvency largely because its
Los Angeles Unified School District has $15 billion in unfunded retiree health care obligations, amounting to over $30,000 per student, according to a new actuarial report commissioned
Multiple cities and counties along the California Coast are suing big oil companies over their role in climate change. Because global warming is raising sea
The City of Berkeley is working on a plan to issue a cryptocurrency municipal bond to fund affordable housing. A February 7th press release said
Many California cities and counties are living interesting times, experiencing rising revenue together with skyrocketing pension bills. Although required pension contributions usually rise in response
Since Elon Musk introduced hyperloop in 2012, several startups have been formed to commercialize the technology. Hyperloop is a 21st century approach to intercity travel in which pods