California’s major revenue sources have shifted over time. Until 1995, the biggest was property taxes. Today, it’s personal income taxes.
And California ranks fairly high in overall taxation: 10th highest both per capita and as a percentage of personal income, based on the latest available data from the U.S. Census.
At the Regional Futures Forum held in Carmichael last month, the Sacramento region’s elected officials and executives from city, county, private sector and non-governmental organizations gathered to hear the findings from an independent assessment conducted by the Brookings Institute.
The Sacramento Bee imposed its latest round of layoffs and company buyouts on Tuesday, targeting 15 editorial staffers and eight working on the production and copy desk.
Pot may be on its way to beating pop.
The U.S. legal cannabis industry is expected to reach $75 billion in sales by 2030, according to research firm Cowen & Co. That’s almost as large as the North American carbonated soft drink market in 2017.
A Google-led plan to overhaul how valuable airwaves are used for calls and texts is gaining momentum across the wireless industry, giving the company the chance to play a central role in networks of the future.
Both UCs and CSUs are struggling to find space for qualified residents at overcrowded campuses, and tens of thousands of eligible students will be turned away. If they leave the state for college, and don’t come back, it could be trouble for the state’s economy.
When Marybel Batjer left her C-suite position with Caesars Entertainment in Las Vegas to run California’s newly-created Department of Government Operations in 2013, Gov. Jerry Brown tasked her with a big mandate: Make the Golden State’s government more efficient. Five years later and recently named one of Governing magazine’s 2017 Public Officials of the Year, Batjer sat down with us to discuss what she’s done to make that a reality.
Studies suggest that diversity and profit aren’t two sides of a coin,
but more like the symbiotic relationship between bees and flowers.
So what does diversity actually look like, why does it seem to have
financial implications and how can businesses work toward more
inclusive hiring practices?
Effective water conservation throughout the City of Folsom made way for the largest expansion of the city in decades. While not all residents agree with Folsom’s strategy, it is being implemented in growing cities around the state as an effective tool to meet housing demand.
Connectivity between the capital city and one of the leading research universities in the nation is an obvious essential ingredient if our region’s diverse set of assets are to be leveraged collectively. This is particularly relevant as UC Davis and the City of Sacramento work together to provide the jobs and lifestyle amenities more likely to keep university graduates in the region.