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Staying Ahead of the Curve: Port of Hueneme Board Demonstrates Fiscal Responsibility

Staying Ahead of the Curve: Port of Hueneme Board Demonstrates Fiscal Responsibility

PORT OF HUENEME, CA, APRIL 12, 2021 – The Port of Hueneme continues to ensure financial stability and fiscal responsibility as the Board of Oxnard Harbor District Commissioners voted to fund another $500,000 to the District’s California Employers’ Retiree Benefit Trust (CERBT) account for their fiscal year ending June 30, 2021. Other Post-Employment Benefits (or OPEB) […]

CVUSD Board Uses COVID-19 Crisis to Hide Fiscal Irresponsibility

CVUSD Board Uses COVID-19 Crisis to Hide Fiscal Irresponsibility

By Jim Clark Conejo Valley Unified School District (CVUSD) leadership appears to be taking advantage of the COVID-19 crisis to make financial decisions that they know will be unpopular, like giving themselves raises and extending contracts at recent board meetings. The reason why this might work is because board meetings are on Zoom now and […]

Port of Hueneme Remains Committed to Fiscal Responsibility

Port of Hueneme Remains Committed to Fiscal Responsibility

PORT OF HUENEME, June 12, 2019 – For the third year in a row, the Oxnard Harbor District’s Board of Commissioners voted to reduce the Port’s unfunded liability by funding another $500,000 to the District’s California Employers’ Retiree Benefit Trust (CERBT) account for their fiscal year ending June 30, 2019. These funds are in addition to […]

No Time to be Reckless

No Time to be Reckless

  By Richard Colman California is reckless with money. A day of reckoning is coming. The State of California claims to have a budget surplus estimated to be $9 billion as of June 2018.  However, the state has unfunded public-employee pension liabilities estimated to be between $300 billion and $1 trillion.  No one knows the […]

Fake Tax Reform

Fake Tax Reform

. By: Peter Schiff, President and CEO Euro Pacific Capital After supposedly chomping on the bit for years to pass meaningful tax reform, Republicans are now set to blow an historic opportunity. Whatever version of the Bill that emerges from the House and Senate Conference Committee (which will be signed by President Trump faster than he […]

Oxnard Councilman Perello opposes pay increases without proof of fiscal responsibility

Oxnard Councilman Perello opposes pay increases without proof of fiscal responsibility

Guest   By Bert Perello   As you may know, last Tuesday, City Manager Greg Nyhoff recommended that the Oxnard City Council approve multi-year labor-contracts totaling multi-millions of dollars, with four of seven employee organizations which included pay increases but would require those employees to begin contributing to their pension costs.  I support the men […]