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Editorial: Housing affordability another issue in pension debate

By   /  Friday, March 7th, 2014  /  Editorials, Opinion  /  Comments Off on Editorial: Housing affordability another issue in pension debate

Part of the drive for higher and higher public benefits stems from the fact that housing affordability in our coastal zones is a chronic problem.

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Op/ed: Pension investments are fundamentally sound

By   /  Friday, March 7th, 2014  /  Op/Eds, Opinion  /  Comments Off on Op/ed: Pension investments are fundamentally sound

Pensions are a vital part of compensation and serve as an asset to local governments.

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Op/ed: Ventura County pension proposal is about retirement plan fairness

By   /  Friday, February 28th, 2014  /  Op/Eds, Opinion  /  1 Comment

The big fact that public employee unions don’t mention when they tout the safety of pensions is that when the pension fund loses money, you — the taxpayers — have to make up the difference.

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Editorial: Santa Barbara County needs to think of its future

By   /  Friday, November 8th, 2013  /  Editorials, Opinion  /  Comments Off on Editorial: Santa Barbara County needs to think of its future

Santa Barbara County is edging closer to an economic development strategy. At least that was our takeaway after sitting in on the “Morality of Prosperity,” the name for this year’s action summit put on by the Santa Barbara County Technology & Industry Association.

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Ratings agencies unfazed as county pension costs rise

By   /  Friday, October 25th, 2013  /  Banking & Finance, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Ratings agencies unfazed as county pension costs rise

Despite dire warnings that future pension costs could cause a fiscal meltdown for tri-county governments, credit ratings for Santa Barbara, Ventura and San Luis Obispo county bonds remain mostly unaffected by looming gaps in their retirement obligation funding.

Standard & Poor’s, a leading rating agency, ranks all three counties near the top of a scale that spans from its highest AAA to C, the lowest rating a bond can have without defaulting. Santa Barbara County carries the agency’s second highest AA-plus designation. Ventura County is assigned a slightly lower AA-rating this year and SLO County is ranked AA-minus.

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Editorial: Retired sheriff should consider public perception

By   /  Friday, October 25th, 2013  /  Editorials, Opinion  /  Comments Off on Editorial: Retired sheriff should consider public perception

He will have a lot more success settling with the county or dropping his complaint.

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Letter: Sheriff’s decision to sue reflects poor judgement

By   /  Friday, October 25th, 2013  /  Letters to the Editor, Opinion  /  Comments Off on Letter: Sheriff’s decision to sue reflects poor judgement

The article headlined “Ex VC sheriff sues for supplemental pension” in your Oct. 18 issue got my blood boiling, as I am sure it did with many of your readers.

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