MORE ON: spending

Daily Report: Money and Politics

Experts warn of risks, 'no plan B' for bullet train

July 8, 2011, 12:05 AM
A panel of rail experts has urged state lawmakers to seize their “last available opportunity” to straighten out California’s bullet train project before construction begins next year. In a July 1 letter, the experts warned that the multibillion-dollar project is proceeding... + read more
Daily Report: Money and Politics

State agency risks losing unspent federal stimulus money

July 8, 2011, 12:05 AM
California's Emergency Management Agency is finally distributing federal stimulus funds, but the agency needs to monitor spending closely to use all the money by its 2013 deadline, the state auditor said in a report [PDF] issued yesterday. The outlook for spending the $136 million is more... + read more
Daily Report: Money and Politics

State treasurer worries about bullet train’s finances

June 28, 2011, 12:04 AM
California’s vision for an 800-mile bullet train system is bold and appealing, but the project’s finances aren’t penciling out, the state’s top financial official warns. In an interview with California Watch, state Treasurer Bill Lockyer said the state’s $45... + read more
Daily Report: Money and Politics

High-speed rail is expensive 'leap of faith,' legislative analyst says

May 10, 2011, 2:25 PM
California’s $43 billion high speed rail project is so fraught with problems that the Legislature should gear back on spending and turn the effort over to Caltrans, the Legislative Analyst’s Office says in a report [PDF] released today. The Legislature faces “challenging... + read more
Daily Report: Money and Politics

What Whitman could have bought with $140 million

November 8, 2010, 12:05 AM
Meg Whitman didn’t just outspend Jerry Brown in her losing campaign for governor. The billionaire Republican outspent the entire field of 15 other candidates for statewide office combined, Democrats as well as Republicans. The secretary of state’s totals don’t cover... + read more
California Watch
Daily Report: Money and Politics

Is Whitman right about a bloated state government?

March 15, 2010, 7:48 AM
Republican gubernatorial candidate Meg Whitman wants to chop the state's workforce by 40,000 employees, a pledge she made again this weekend at the state GOP convention. But does the nation-state of California really have such a bloated government?  Not according to the Center... + read more
California Watch
Data: Money and Politics

State identifies 2,300 stimulus projects with a price tag of $5.6 billion

January 2, 2010, 12:00 AM
Before the recipients of stimulus funds started reporting on their activities, the state identified a list of about 2,300 projects to be funded with stimulus money. Use this database to look through those projects and compare it with what the recipients are reporting.  + read more
Spotlight: Money and Politics, Public Safety

Homeland Security marked by waste, lack of oversight

September 11, 2009, 9:45 PM
Communities across California had difficulty managing millions in anti-terrorism grants handed out after Sept. 11. Paperwork went missing and rules weren't followed.  + read more
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