Welcome to Choice-i-stan

I think it’s time to retire the word “choice” from public policy discussions – at least the one concerning medical insurance. To see why, let’s take another public policy issue that isn’t as freighted with political inference: Roads. Imagine putting the notion of “choice” to work on paving the public thoroughfares. We could give property … Read more

RDA Backstory Complex

As with so many issues in California state finance, following the trail of RDA history leads back to Proposition 13. The 1979 referendum freezing property taxes is central to the complexity of unwinding the state’s RDA program. That’s because Prop 13 had the secondary effect of making redevelopment a popular way for municipalities to take … Read more

Willie Brown Will Honor Santa Clara’s “Senator John”

In a change of pace from today’s hyper-polarized politics, the Santa Clara County Democratic Club is honoring retired State Senator John Vasconcellos, a Santa Clara native and a master at finding consensus with people of widely disparate views. Another legendary California politician, former state assemblyman and San Francisco Mayor Willie Brown, will be on hand … Read more

CalPERS Returns: 2012 Isn’t the Whole Story

The next catastrophe to wallop municipal budgets will be a shortfall in CalPERS returns, adding to the already-escalating payments levied by the California public employees retirement fund on participating agencies. Or so we’re told by the 109,000 news sources that have noted CalPERS’ report that the fund had returned 1.1 percent in 2011-12 on its … Read more

When It Comes to Growing Data Center Industry, Santa Clara Holds All the Right Cards

How important is the data center business to the city of Santa Clara? Consider this: In 2011 Santa Clara was the U.S.’s number one market for wholesale data center leasing activity, according to Grubb &Ellis’ National Data Center Practice (datacenterpractice.com). Another way to think of that is that for Santa Clarans, the “cloud” that’s keeping … Read more