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Simi Valley Pension Obligation Bonds – A Risky Financing Maneuver Without a Public Vote

Simi Valley Pension Obligation Bonds – A Risky Financing Maneuver Without a Public Vote

    By Ventura County Taxpayers Association (VCTA) Inheriting a predecessor’s underfunded public pension debts is never fun, but the need to address them is unavoidable.  The question before Simi Valley City Council was how – and there is both a right way and a wrong way. The right way is to adopt policies that keep the […]

Is your city ready for California’s next recession?

Is your city ready for California’s next recession?

The California State Auditor Elaine Howle recently released its analysis of fiscal health, or lack thereof of 471 California cities, listing the 18 “high risk” cities facing fiscal challenges, and Santa Paula is number 22. The website provides an interactive map showing how cities compared in their financial health. The website allows users to adjust […]

Split-Roll Proponents Change Their Initiative Again

Split-Roll Proponents Change Their Initiative Again

Proponents of the split-roll initiative amended the measure September 17 to make several changes while maintaining the main provisions that would require annual market-value reassessments of business and commercial property. The amendments appear to be in response to a September 10 letter from the California Assessors’ Association (CAA) that criticized many provisions of the initiative, […]

VCTA: State of the County by Mike Powers CEO

VCTA: State of the County by Mike Powers CEO

By Sheryl Hamlin Hosted by the Ventura County Taxpayers Association (VCTA), the 2019 State of the County (SOTC) delivered by CEO Mike Powers brought the largest audience yet: 280 attendees in an expanded banquet space at the Oxnard Marriot.   Introductions Ron Golden, VCTA Board Chair, introduced the meeting explaining the collaboration with Chambers of […]

Supervisors Should Contribute to Pensions

Supervisors Should Contribute to Pensions

    Recently, the Board of Supervisors laudably eliminated a loophole allowing for elected Supervisors to receive compensation for serving on the Board of Retirement and Assessment Appeals Board.  However, the Supervisors continue to benefit from a highly unusual and lucrative “supplemental pay” that applies only to them, in clear violation of the intent of […]

Howard Jarvis Taxpayers Association President Visits Ventura County

Howard Jarvis Taxpayers Association President Visits Ventura County

By George Miller Howard Jarvis Taxpayers Association (HJTA) President Jon Coupal dined with some people invited by the Ventura County Taxpayers Association (VCTA) recently. He was there to thank them for their role in providing an Amicus Curiae (Friend of the Court) brief in support of HJTA’s lawsuit on state pensions. The two organizations, not to […]

After Ventua County Taxpayers Association inquiry, Santa Paula Pledges Change on Water Fee Misuse

After Ventua County Taxpayers Association inquiry, Santa Paula Pledges Change on Water Fee Misuse

    By Ventura County Taxpayers Association (VCTA) Last year the Ventura County Taxpayers Association (VCTA) noticed the Santa Paula City Council approved a budget that included an unusual revenue source. The city of Santa Paula appeared to be diverting money set aside specifically for future water projects in order to pay bills and balance its […]

Santa Paula’s Finances on a Precarious Path | VCTA, Ventura County Taxpayer Association

Santa Paula’s Finances on a Precarious Path | VCTA, Ventura County Taxpayer Association

By Ventura County Taxpayers Association (VCTA)   The City of Santa Paula is in trouble and elected officials don’t appear concerned. For some years now, it has been spending reserves to cover operating losses. Reserves have been depleted to dangerous levels. The five-year budget projects losses even with the benefit of the East Area development. The […]

Ventura County Taxpayers Association | Ballot Recommendations November 2018 Statewide Measures

Ventura County Taxpayers Association | Ballot Recommendations  November 2018 Statewide Measures

VOTE YES ON PROP 5 –Property Tax Transfer Initiative Why we’re for it: Proposition 5 would allow homeowners age 55 and older to sell their current homes, purchase a replacement property anywhere in the state and transfer the property tax assessment from the home they sold to the home they bought. This measure would remove restrictions in […]

Residents of Santa Paula, you were duped; Santa Paula Spends Tax Increase on Salaries & Not Services 

Residents of Santa Paula, you were duped; Santa Paula Spends Tax Increase on Salaries & Not Services 

Abandoning any semblance of sound fiscal planning, Santa Paula City Council caved to pressure from public unions and approved outrageous salary increases for a majority of its employees that cost more than the city expects to raise in revenue from the voter approved 1% sales tax increase. While council voted 4-1 to spend all the […]

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