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Articles Tagged: "Government Waste"

Government Waste

NEWS: Taxpayers, ratepayers will fund California solar plants

Evan Halper, Ralph Vartabedian and Julie Cart of the Los Angeles Times report that not only are taxpayers footing the bill for the governments push towards solar energy, ratepayers will also find themselves on the hook, thank to confidential agreements between solar developers and utilities lock in power prices two to four times the cost of conventional electricity.

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NEWS: Where Borrowing $105 Million Will Cost $1 Billion: Poway Schools

Will Carless of Voice of San Diego explains how through "creative" financing, the Poway Unified School District have put the city's taxpayers on the hook for $981 million to pay for a bond that was originally $105 million.

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OPINION: SKELTON: California's failure on parks, more

Christopher Chung of The Press Democrat criticizes Governor Brown and his predecessors for their ignorance of extra reserve funds recently discovered, especially as Governor Brown continues to push for tax increases.

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NEWS: While California struggles to pay its bills, state's 'special' funds flush with cash

A review by the Silicon Valley Mercury News found that California's 500-plus "special funds," like the ones at the center of this month's hidden-money parks scandal, have nearly tripled their spending since 2000 as state government has axed services and asked for new taxes.

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NEWS: California's Tax Man Eyes a New Tool: A GPS Tracker on Your Car

Richard Smith writing for AOL Daily Finance reports the Metropolitan Transportation Commission has just approved a new study on the use GPS technology to track the distances drivers travel by car in the nine counties surrounding San Francisco Bay with the ultimate goal of taxing drivers based on the number of miles they drive.

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Filed Under: News