Voters spoke. Now city officials are facing a new reality that credit-ratings agencies may downgrade San Antonio’s credit worthiness. Fitch Ratings, one of the three major agencies that determine the credit ratings, said it plans to re-evaluate San Antonio’s profile after the approval of two of three proposed charter amendments. “Any time expenditure flexibility is materially affected, which we believe Proposition C does, we will assess those changes and their impact to the city’s credit quality,” said Jose Acosta, a senior director for Fitch. “So, our upcoming review with the city will hopefully give us some insight into the city’s strategy and how it plans to operate under the revised City Charter and maintain its strong financial profile.” City Manager Sheryl Sculley said she expects to discuss the “overall revenue and expense picture” of San Antonio and the effect of the Nov. 6 vote with Fitch in a pre-scheduled meeting … [Read more...] about Fitch to reassess San Antonio credit worthiness after charter amendment election
Municipal credit union
PAC seeks criminal charges for fire union, others for allegedly violating election law By Josh Baugh August 8, 2018 Photo: John Davenport /San Antonio Express-News In April, Chris Steele, (foreground) president of the San Antonio firefighters union, delivered boxes filled with signed petitions for three proposed City Charter amendments to City Hall. In April, Chris Steele, (foreground) president of the San Antonio... A day after a political action committee sued the San Antonio Professional Fire Fighters Association over allegations it illegally funded its charter-amendment petition campaign, the group is now recommending to county and state officials that the union’s president and others be charged for allegedly violating election and state law. Express Newsletters Get the latest news, sports and food features sent directly to your inbox. Sign up Most Popular 1 Wildfires explode into raging … [Read more...] about PAC seeks criminal charges for fire union, others for allegedly violating election law
News Sports Entertainment Classifieds Alert 76° Full Menu Alert 76° eEdition Customer Service Customer Service SacBee Rewards About Us About Us Contact Us Apps Mobile & Apps Twitter, Facebook, Google+, YouTube News in Education (NIE) Newsletters Local Sacramento Region Arena City Beat Crime Local Govt Salary Database The Homeless Marcos Bretón Transportation Education Environment Health & Medicine Traffic Conditions Weather Communities Elk Grove Folsom/El Dorado Roseville/Placer Yolo Sports Sports Kings Kings Corner with Jason Jones NBA News 49ers with Matt Barrows Giants Oakland A's High School Sports Joe Davidson More Sports Raiders NFL News MLB News River Cats Soccer Colleges Golf Auto Racing Politics Politics Capitol Alert State Workers The California Influencer Series Local Elections PoliGRAPH State Worker Salary Database Legislative Gifts Elections Local … [Read more...] about Now they have a choice. Will California teachers and cops stay in their unions?
The story of the incredible, long-shot Omaha Royals-Chasers lives in our short-sleeved memories.But it’s also in some of the treasures that Martie Cordaro dug up over the past few years.Like the Omaha Royals press release, dated March 2, 1974. At the bottom, it announces the Royals’ new secretary. Her name is Gail Feuerbach. She’s a recent graduate of Daniel J. Gross High School. Today, she’s known as Gail DeBoer, president and CEO of SAC Federal Credit Union.Up higher in the press release, it notes that GM Bill Gorman selected a team of 10 “captains” of the Lancers — a group of local ambassadors for the club (named after the Royals’ Lancers in Kansas City).One of the captains was a guy named Howard Hawks.There’s a navy blue binder titled “A Logical Plan for American Association Baseball in Omaha, Nebraska, NOW!”One of the first pages is a list of civic leaders who comprise the executive committee charged with drumming … [Read more...] about Shatel: From Rosenblatt to Buffett to Brett, 50-year run with Kansas City proved beneficial for Omaha
State government started the year by not renewing the 2 percent cap on contract arbitration awards to police and fire unions. That had saved $530 million in county and municipal property taxes from 2010 to 2015, according to a task force report last year.Local governments strongly supported extending the arbitration cap, noting they are under a 2 percent cap on property tax increases and arbitration awards above that would have to be paid by cutting spending elsewhere.The State League of Municipalities, the N.J. Conference of Mayors and the N.J. Association of Counties said they “maintain the utmost respect and admiration” for law enforcement, and fire officials and they remain very well compensated. Federal data show the average wage for a New Jersey patrol officer in 2016 was $87,490 and for a supervisor or detective $128,000. For paid firefighters, the average was $81,730, with supervisors getting $117,290.Then in February, the state Department of Community Affairs … [Read more...] about Union pension control threatens towns, counties, taxpayers