Sacramento Statehouse Reporter for Bloomberg News. Dad. Fly Fisherman. Photographer. Red Sox fan.

University of California Approves 28% Increase in Tuition

bloomberg.com — University of California regents are poised to approve a 28 percent tuition increase over the objections of Governor Jerry Brown and as many as 400 protesters who stormed metal barricades and broke glass outside a meeting in San Francisco.

California Set to Take in $2 Billion More Revenue Than Forecast

bloomberg.com — Higher taxes and an improving economy will boost California's revenue $2 billion above the income Governor Jerry Brown projected in the budget he signed in June, the state's fiscal analyst said. The state's general fund, which pays for most core operations, will reach $107.4 billion in the year ending June 30, compared with $105.5 billion in Brown's budget, the independent Legislative Analyst's Office said yesterday in a report.

University of California Committee Approves Higher Tuition

bloomberg.com — A University of California regents committee approved a 28 percent tuition increase amid protests by as many as 400 people who stormed metal barricades and broke glass at a meeting in San Francisco. The plan, which has yet to go to the full board, would end a three-year tuition freeze at the 10-campus system.

California Set to Get $2 Billion More Revenue Than Forecast

bloomberg.com — California will take in almost $2 billion more in revenue this fiscal year than Governor Jerry Brown projected in the budget signed in June, the state's fiscal analyst said. Revenue for California's general fund, which pays for most core operations, will reach $107.4 billion in the year ending June 30, compared with $105.5 billion in Brown's budget, the independent Legislative Analyst's Office said today in a report.

California’s 28% Tuition Boost Pits Napolitano Against Brown

businessweek.com — A University of California proposal to boost tuition as much as 28 percent pits President Janet Napolitano against Governor Jerry Brown, who says it reneges on a deal to fetter costs in exchange for more state funding.

California’s 28% Tuition Boost Pits Napolitano Against Brown

bloomberg.com — A University of California proposal to boost tuition as much as 28 percent pits President Janet Napolitano against Governor Jerry Brown, who says it reneges on a deal to fetter costs in exchange for more state funding.

California Water Tunnels Could Cost $2.5 Billion Annually

bloomberg.com — A plan to build twin 30-mile long water tunnels in drought-stricken California, each as wide as a two-lane interstate highway, may cost as much as $2.5 billion annually in debt service, Treasurer Bill Lockyer said.

California Bond Costs at 2007 Low on Rainy-Day Vote: Muni Credit

bloomberg.com — California won its lowest borrowing cost since 2007 in a $1.2 billion sale of general obligations, signaling that investors are rewarding Democratic Governor Jerry Brown's push to bolster the state's finances. The deal yesterday was California's largest via auction in seven years.

California Issues $1.2 Billion of Bonds After S&P Raises Rating

businessweek.com — California issued $1.2 billion of general-obligation bonds via auction, eight days after Standard & Poor's raised the state's rating because of a measure to strengthen a rainy-day fund. Today's deal included tax-free securities that mature in November 2024 and were priced to yield 2.4 percent, compared with 2.25 percent for benchmark municipal debt, data compiled by Bloomberg show.

California Issues $1.2 Billion of Bonds After S&P Raises Rating

bloomberg.com — California issued $1.2 billion of general-obligation bonds via auction, eight days after Standard & Poor's raised the state's rating because of a measure to strengthen a rainy-day fund. Today's deal included tax-free securities that mature in November 2024 and were priced to yield 2.4 percent, compared with 2.25 percent for benchmark municipal debt, data compiled by Bloomberg show.
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Nov 20, 2014

The word "disingenuous" repeated by many speakers yesterday and today at #UCRegents meeting in SF as regents consider #UCTuitionHike .

Nov 20, 2014

Student speaker at #UCRegents protesting #UCTuitionHike says groups will boycott regent-owned businesses, seek recall of @JerryBrownGov

Nov 20, 2014

"My name is Eric, and I am white and middle class" says speaker at #UCRegents meeting in SF when asked to indentify himself. #UCTuitionHike

Nov 20, 2014

RT @BloombergNews: BREAKING: White House included up to 400,000 dental plans in number reported to meet Obamacare goal of 7M sign-ups: bloom.bg/1xWP4o5

Nov 19, 2014

RT @CJAtheCIO: Why Japan Is a Good Investment Right Now: CalSTRS CIO - Bloomberg bloom.bg/1HmEbAe

Nov 19, 2014

RT @melmason: If I ever get my own "angry goat on the roof" story, I think I'll have to quit journalism. Nothing can top that.

Nov 19, 2014

RT @LisaAWolfson: Only 220,000 tons of snow to clear from stadium before Buffalo Bills' game Sunday bloomberg.com/news/2014-11-1… via @masonlev

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