It looks like San Jose retirees will not be getting a bonus check this year from the city’s pension program after the city council voted to block those payments.
San Francisco’s financial affairs are looking up after tax revenues have come pouring in at a much higher rate than expected, meaning the city’s projected deficit is dropping.
National Football League owners have approved a $200 million loan to fund construction of the proposed new San Francisco 49ers stadium in Santa Clara.
Gov. Jerry Brown says California needs to make about $1 billion in midyear cuts to schools and social services.
Doctors Medical Center, San Pablo has been bankrupt before and could be forced into another Chapter 9 filing in the near future.
The problem of elder abuse was in the spotlight on Wednesday, which marked World Elder Abuse Awareness Day.
The Bay Area economic impact of the NFL lockout is a tale of two cities. San Francisco stands to lose millions of dollars, while Oakland could actually come out ahead.
The transit agency needs an additional $50 million a year in permanent income, money that can’t come from fare increases.
The city has proposed a plan to pay $6 million to creditors in an attempt to come out of bankruptcy.
California’s senior representatives in Washington say they’re ready to help the state’s new governor, Jerry Brown, solve California’s budget crisis. That is as long as he doesn’t ask them for any more federal money.