Archive for December 29th, 2010

InlandPolitics Commentary: Victorville politicos in need of reality check

Wednesday, December 29, 2010 – 12:40 p.m.

During a usually slow news cycle it’s Victorville politics to the rescue.

Victorville has its share of trouble coming on the horizon. Primarily due to financial mismanagement.

But this past week has been very interesting. Politically speaking that is.

Read the rest of this entry »

The PE: DA LAWSUIT: Accountant’s claim disputed

06:36 PM PST on Tuesday, December 28, 2010

By RICHARD K. DeATLEY
The Press-Enterprise

The Riverside County district attorney’s office disputes an accountant’s sworn declaration that he was ordered to change a budget analysis to show the office had a surplus and could hire more people, according to court papers filed this week.

The new declarations from outgoing District Attorney Rod Pacheco’s office contend that the accountant, Eric Woolery, was pressured into making a statement that he altered his work to change a $4 million deficit into a $2 million surplus.

Read the rest of this entry »

The Sun: Rialto works to improve its financial footing

Josh Dulaney, Staff Writer
Posted: 12/28/2010 09:46:13 PM PST

RIALTO – Residents can expect to see a handful of grand openings as the city celebrates 100 years of incorporation next Nov. 17.

In the meantime, city officials will continue to juggle the budget.

Read the rest of this entry »

The Sun: Spending, scandal affect Rialto

Josh Dulaney, Staff Writer
Posted: 12/28/2010 09:46:13 PM PST

RIALTO – This city has had its fair share of controversy over the years, and 2010 was no different, with concerns over the size of public pensions, opposition to a new residential development and an alleged sex scandal that led to two city police officers leaving the force.

Right out of the gate, officials warned that sweetened pensions kicking in this month could place the city’s finances in peril.

Read the rest of this entry »

DailyBulletin: Hiring still a gamble

I.E. jobless rate likely to be stagnant in 2011
Mediha Fejzagic DiMartino, Staff Writer
Created: 12/28/2010 09:39:50 PM PST

The nation’s unemployment edged up to 9.8 percent last month, even though companies are performing well – all but 4 percent of the top 500 corporations reported profits this year, and the stock market is close to its highest point since the 2008 financial meltdown.

So why isn’t anyone hiring?

Read the rest of this entry »

LATimes: Jerry Brown plays hardball on state budget

His plan will confront both parties, with calls for tax extensions and deep program cuts.

Gov.-elect Jerry Brown, left, shown with state Controller John Chiang, will enter office with California facing a $28-billion budget shortfall. His plan is expected to rankle both sides of the aisle. (Brian van der Brug / Los Angeles Times / December 14, 2010)

By Shane Goldmacher, Los Angeles Times
December 29, 2010

Reporting from Sacramento

Gov.-elect Jerry Brown is laying the groundwork for a budget plan that would couple deep cuts to state services, including university systems and welfare programs, with a request that voters extend temporary tax hikes on vehicles, income and sales that are set to expire next year.

Read the rest of this entry »

LATimes: Cities reconsider using firm that audited Bell

The state controller called Mayer Hoffman McCann’s examination of the troubled city’s finance a ‘rubber stamp.’ The firm has about 150 municipal clients nationwide.

By Jeff Gottlieb and Jessica Garrison, Los Angeles Times
December 29, 2010

A week after a report by the state controller labeled the independent audits of Bell a “rubber stamp,” several cities are questioning their relationship with the well-known accounting firm responsible for the work.

Read the rest of this entry »