politics

| |

The Governor’s Open (Electronic) Letter on His Tax Initiative

Byuclafaculty

Governor Jerry Brown has sent out a mass email regarding plans – that have been reported in the news media – to file a tax initiative. The same message was posted on his official website. The key word is “initiative” since – as last year’s budget process indicated – he would be unlikely to get a two-thirds vote in the legislature to put the proposition on the ballot. He is planning to go the signature route, which means he has – or expects to have – the $1-$2 million needed to pay signature gathering firms. The initiative would go on…

| | | |

Faculty Association Sends Report on UC Pension to Legislative Committee

Byuclafaculty

The UCLA Faculty Association has submitted a report to the members of the legislative committee studying the governor’s proposals for public pensions. (See an earlier blog post.) The cover letter to the committee members is reproduced below. Below that is a link to the report which details the history of the UC pension system. ===== To: Members of the Conference Committee on Public Employee Pensions AB 340/SB 827 From: Faculty Association at UCLA Date: Dec. 1, 2011 Subject: Examining the Governor’s Twelve Point Pension Reform Plan Dear Representative Furitani, On behalf of the Faculty Association at UCLA, an independent association…

| | |

Testimony in Sacramento Coming Up on UC Pension

Byuclafaculty

Two UC officials will be testifying tomorrow about the UC pension at a legislative hearing on the governor’s public pension proposals. We don’t know what the UC reps will be saying. Hopefully, it will be a polite version of “no thanks; we have our own plan.” If more info becomes available, we will post it. Meanwhile, the hearing agenda can be found below. Pension Agenda(function() { var scribd = document.createElement(“script”); scribd.type = “text/javascript”; scribd.async = true; scribd.src = “http://www.scribd.com/javascripts/embed_code/inject.js”; var s = document.getElementsByTagName(“script”)[0]; s.parentNode.insertBefore(scribd, s); })();

| | |

Tax Leak

Byuclafaculty

Over the weekend, a group going by the name “Think Long” started leaking plans to put something on the ballot in 2012 that would revamp the California tax system and raise more funding. It is funded by billionaires so getting the signatures (typically at a cost of $1-$2 million) won’t be a problem. Even a big campaign for the votes – tens of millions can be involved especially for TV advertising – can be handled. Example of the leak/preview from the LA Times: Joining the battle over California taxes, a group of billionaires and political insiders say they will place…

| | | | |

Regent Crane Leaves an Unhelpful Message

Byuclafaculty

Departing Regent David Crane, a last-minute appointment to the Board of Regents by Governor Schwarzenegger, would have had his last Regents meeting in November, since he could not get legislative confirmation. But the Regents’ meeting was canceled due to a fear of Occupy-type demonstrations. However, Crane has left behind a missive of sorts – a press release on state budget and pension matters in which he a) endorses the pension proposals by Governor Brown and b) wants to take those proposals further. No reference to the changes already adopted by the Regents for UC is made in the release. No…

| |

So Glad the UC Budget Will Be in Good Hands

Byuclafaculty

California legislators head to Maui for retreat funded by special interests The LA Times headline says it all. But you can read it at http://www.latimes.com/news/local/politics/la-me-legislature-maui-20111109,0,4657777.story As our earlier post noted, President Yudof will be submitting his budget for 2012-13 to the Regents next week. In an article in the Daily Bruin, UC VP Patrick Lenz notes that the last time the legislature enacted the UC budget as requested was in 2000-01 (peak of the dot-com boom and the revenue therefrom). See http://www.dailybruin.com/index.php/article/2011/11/uc_president_mark_yudof_proposes_budget_plan_to_increase_university_funding_from_the_state_although_

| | | |

Too Much Pension News (and Some Useful Data)

Byuclafaculty

The Regents Committee on Compliance and Audit is meeting via teleconference on Nov. 7 in advance of the general Regents meeting the following week. We will post the audio when it becomes available. The agenda for the full Regents meeting has not been posted yet, but the Regents are likely to have some discussion related to the governor’s pension proposals. Included in the Committee’s agenda is an audit of the pension plan. Below is a data summary taken from that audit. The full document is at: http://www.universityofcalifornia.edu/regents/regmeet/nov11/a5attach4.pdf = = = = = = = = = = = = =…

| | | | |

Piggy-Back

Byuclafaculty

Can UC piggy-back on CalSTRS? We are “education,” too. And we have pension funding issues. If you don’t ask, you surely don’t get. See below: CalSTRS reported ready to seek more state funding Sacramento Bee, 10/11/11, Dale Kasler For more than two years, CalSTRS has been talking about asking state lawmakers for more money to plug its funding gap. Now the teachers’ pension fund believes the Legislature is ready to listen. Pension fund Chief Executive Jack Ehnes said last week he wants Gov. Jerry Brown to include additional CalSTRS funding in a long-awaited pension reform proposal he’s expected to release…

| |

Governor Vetoes Bill That Sparked UC-Berkeley Bake Sale Controversy

Byuclafaculty

As readers of this blog will know, opponents of a bill that might have (not at all clear) weakened the anti-affirmative action Prop 209 – which applies to public university admissions, organized a bake sale at UC-Berkeley which caused much controversy on that campus. Governor Brown has now vetoed that bill. Jerry Brown vetoes bill to let colleges consider race, gender 10/8/11 Capitol Alert Gov. Jerry Brown vetoed legislation today that would have allowed the University of California and California State University systems to consider race, ethnicity and gender in student admissions. The interpretation of Proposition 209, which prohibits the…