Archive for July 18th, 2016

The Sacramento Bee: California property taxes show sharp gains, especially in Bay Area

  • Written by Administrator
  • Posted July 18, 2016 at 8:59 am

Dan Walters

By Dan Walters
dwalters@sacbee.com
July 17, 2016 – 5:00 PM

  • Property taxes will top $60 billion this year
  • San Francisco leads with 8.8 percent increase
  • Property taxes continue to outpace state levies

County property tax assessors are reporting strong upticks in taxable values for the 2016-17 fiscal year that began July 1.

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Filed under: Budget, Finance, In the News, Real Estate, State of California, Taxation

Calpensions: As CalPERS exits hedge funds, CalSTRS adds more

  • Written by Administrator
  • Posted at 8:53 am

Hedge Fund

By Ed Mendel
July 18, 2016

The two big California public pension funds, CalPERS and CalSTRS, are going opposite ways on a controversial investment strategy, hedge funds, that is under fire from a powerful teachers union.

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Filed under: Business, CalPERS, CalSTRS, Finance, In the News, Investments, Pension Funds, State of California