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Oxnard Council Warns of $10MM Deficit; Approves Underfunded $437MM Capital Plan; Mandalay Bay Residents Sound the Alarm on City Seawalls; Housing Dept. Capital Plan Approved

Oxnard Council Warns of $10MM Deficit; Approves Underfunded $437MM Capital Plan; Mandalay Bay Residents Sound the Alarm on City Seawalls; Housing Dept. Capital Plan Approved

By George Miller On April 2, 2019, the Oxnard Council tried to get its arms around a massive five year $437 million capital capital spending plan assembled by Public Works, Finance and other departments. While there seemed to be agreement on the needs, it was clear that there wasn’t consensus on priorities and that it […]

Conejo Valley Public Schools: Resident claims spending excesses, weak results

Conejo Valley Public Schools: Resident claims spending excesses, weak results

By Barry Gabrielson .  Let’s address the facts regarding Conejo Valley Unified School District (CVUSD)  Deputy Superintendent’s statement “Expects 7M in annual loss over the next 3 years”.  These facts are based on California Public Education and Districts reported numbers below:  . 1)      Received 187.1M Funding in 2016-17, Actuals of 181.7M, added reserve of 5.4M 2)      Reserve […]

Here’s an example of a bank you want to avoid

Here’s an example of a bank you want to avoid

By Simon Black, March 6, 2017 , Santiago, Chile A few weeks ago, one of our Europe-based Total Access members reached out to ask us about a bank account he was considering for his new business. This is important stuff. As I’ve written before, most people spend more time thinking about what they’re going to have […]

Oxnard staff proposes 6 Wastewater rate increase scenarios

Oxnard staff proposes 6 Wastewater rate increase scenarios

By George Miller Assistant City Manager Ruth Osuna released 6 proposed wastewater increase scenarios to the Utility Ratepayers Advisory Panel (URAP) on Monday 2-13-17.  The City (City management, Public Works and Finance) has been working on these since last fall, but the rate-setting process went into high gear this year. The Council selected the current Panel […]

How safe are top US banks?

How safe are top US banks?

.   Recently I was having drinks with a friend of mine who is an ultra-successful US real estate developer and investor. He told me that his team had just closed a large real estate transaction worth hundreds of millions of dollars, and they got a sweetheart deal from the bank. The bank is loaning […]

Developments in the Global Oil Market Strategic Significance

Developments in the Global Oil Market Strategic Significance

by: Shmuel Even Since mid-2014, buy global oil prices have fallen dramatically. The price of an American WTI barrel of oil was $44 in late January 2015, ed compared with $105 in late June 2014. At the previous low point in mid-February 2009, the price of a barrel was $34, compared with a high of […]