Finance
DWP says it can’t track millions in ratepayer money
“DWP ratepayer funds flow to two groups run by agency managers and union leaders, with little accountability.”
Read MoreInsiders Allege Fraudulent Accounting at SamTrans
“Insiders say they were asked to make changes to the San Mateo County Transit District’s financial records that they believe were illegal; they say SamTrans made up expenses to create the appearance it needed more taxpayer money.”
Read MoreSan Diego FBI building financed by Chinese seeking U.S. visas, senator says
“Posh FBI field office, built by Las Vegas developer with ties to late mobster Moe Dalitz and San Diego GOP candidates Carl DeMaio and Kevin Faulconer, was financed by funds from U.S. visa-seeking Chinese investors, Sen. Charles Grassley says”
Read MoreAdviser didn’t disclose tax liens
An Atlanta investment adviser public pensions across the nation to sink millions into his firm’s funds. But as he criss-crossed the country touting the investment, he had not disclosed his personal financial problems – including a $1 million lawsuit settlement and federal tax liens – to regulators, the AJC reported Sunday.
Read MorePoway schools rely on Mello-Roos tax machine — for lunches, signs and old school repair
“There is no legal limit and no standardized formula for calculating Mello-Roos taxes. In some cases, the formulas are so convoluted that homeowners have virtually no way of knowing whether they’re paying the correct amount. What’s more there is no state oversight over the funds: at a minimum, the system is far from transparent to…
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