Santa Clara Operating Budget Up Modestly for 2011-2012, But Are Revenue Forecasts Too Optimistic?

The City of Santa Clara’s operating budget for the 2011-2012 fiscal year is up 2.2% from 2010-2011 spending, driven by increases in interest paid on municipal debt (up 25%), payments in-lieu of taxes and franchise fees (up 5.1%) and increases in non-salary operating expenses (up 3.9%). Despite freezing city salaries, implementing one-day-per-month employee furloughs, and … Read more

In CalSTRS’ New Math Sometimes 1+1=3

There’s no shortage of potential scapegoats for the fact that California – the world’s 8th largest economy – can’t pay its bills. And defined benefit public pensions are a favorite straw man. California has two retirement systems: California Public Employees’ Retirement System (CalPERS) for state and municipal employees, and California State Teachers’ Retirement System (CalSTRS) … Read more

City of Santa Clara

Santa Clara residents and business persons are invited to provide online input to help shape the city’s vision and plans for Vote Ethics 2012. Information to be gathered includes feedback regarding the November 2010 municipal election for Santa Clara Mayor and City Council, including public comment about actions on the part of candidates or others … Read more

Jet-Propelled Special Council Meeting Gives 49ers Exclusive to Sell Stadium Naming Rights

Cyril Northcote Parkinson observed in his book, The Parkinson Principle, that “The time spent on any item of the agenda will be in inverse proportion to the sum involved.” Last week the Santa Clara City Council offered new proof of the venerable scholar of organizational behavior’s correctness; spending less time assigning the sale of hundreds … Read more

July 4 Fireworks Get the Red Pencil

A tight budget means that no “rockets’ red glare” will light up the Santa Clara sky at this year’s July 4 city picnic. “It’s not just the cost of fireworks,” Deputy City Manager Carol McCarthy explained last week to the City Council. “It’s a staffing issue. We don’t have sufficient funds to hire staffing for … Read more

Santa Clara’s RDA Money Gambits May Undermine Future Funding for Core Services

Santa Clara’s hide-the-redevelopment-money maneuvers could come back to haunt the city in the form of cuts in core services such as education and pubic safety, as Gov. Jerry Brown advances his “realignment” of the state’s finances. “It’s a shame that the community leadership is working to secure this funding [in RDA projects],” says Elizabeth Ashford, … Read more