By Mark Ritchie As we see the first distressed office building sale transactions of what is romantically called The Great Reset — also known as the greatest single asset class value extinction event in commercial real estate history — a few observations about the leasing of these battered towers come to mind. Selling for pennies […]
Will California voters decide tax limits in November? It’s up to the Supreme Court
By Alexei Koseff Stay up-to-date with free briefings on topics that matter to all Californians. Subscribe to CalMatters today for nonprofit news in your inbox. The California Supreme Court will decide in the coming weeks whether to remove a sweeping anti-tax measure from the November ballot, blocking an effort to increase the requirements for implementing […]
Santa Clara County closes deficit but can’t escape budget cuts
By Brandon Pho Santa Clara County officials are bridging a massive deficit through an infusion of new revenue and realigned costs to balance the upcoming fiscal year’s $12.4 billion budget. But it will still require painful cuts. The county’s May 1 budget proposal manages to close half of its $250 million gap through several tactics. […]
East San Jose teachers demand raises to meet cost of living
By Annalise Freimarck Teachers in one San Jose high school district are calling for higher wages to keep up with the increasing cost of living — as the district struggles with an anticipated multimillion-dollar budget deficit. The East Side Union High School District, which serves more than 24,000 students, is offering its teachers a 1.1% […]
When will there be relief on CA gas prices?
By Lynn La Stay up-to-date with free briefings on topics that matter to all Californians. Subscribe to CalMatters today for nonprofit news in your inbox. Pump prices at a gas station in west Fresno on May 7, 2024. Photo by Larry Valenzuela, CalMatters/CatchLight Local Californians pay more at the pump than residents of any other […]
Politicians keep shifting blame as California’s homelessness crisis worsens
By Dan Walters Stay up-to-date with free briefings on topics that matter to all Californians. Subscribe to CalMatters today for nonprofit news in your inbox. Over the last half-decade, state government has spent about $24 billion to ameliorate California’s worst-in-the-nation homelessness crisis. Local governments and private charities have spent countless billions more. Despite those immense […]
Michigan’s Highest Court Hears Challenge to Terminations of Parental Rights
Groups across the ideological spectrum are backing parents who claim the family courts fail to consider less-punitive alternatives to being legally severed from their children’s lives. By Michael Fitzgerald A case that challenges the severity of termination of parental rights practices in Michigan has made it to the state Supreme Court. Illustration by Christine Ongjoco. […]
Will Californians get any relief on gas prices?
By Lynn La Stay up-to-date with free briefings on topics that matter to all Californians. Subscribe to CalMatters today for nonprofit news in your inbox. Californians pay more at the pump than residents of any other state — an average of $5.34 a gallon for regular unleaded, compared to the national average of $3.64, according […]
San Jose neighborhood fights to preserve its identity
By Lorraine Gabbert After decades of residents requesting historic status, San Jose is starting the process to create a new city landmark district — the first since 2007. The San Jose City Council earlier this month voted unanimously to nominate Alameda Park/Schiele Avenue as a historic district, with Councilmember Omar Torres absent. The designation would […]
IV Law Enforcement Run Kicks Off on Saturday, May 11
By Richard Montenegro Brown IMPERIAL — El Centro Sector Border Patrol will be hosting its 15th annual Imperial Valley Law Enforcement Relay Run on Saturday, May 11. Designed to start off National Police Week, the memorial run honors fallen officers who have committed their life to a career of law enforcement. Supervisory Border Patrol Agent […]