LOS ANGELES (CBSLA.com) — The Los Angeles Department of Transportation has 30 days to issue a detailed review of how $42.6 million in city money accumulated for 17 years in the wrong account. A report […]
State Treasurer Bill Lockyer is calling for a review of state pension fund investments connected to a company that manufactures firearms – including a type of rifle used in the Connecticut school shootings.
The judge who ordered Jeffrey Hubbard to be taken into custody said he would not be shocked if the former superintendent was quickly released from jail.
A lawsuit alleges an investment firm hired to manage the public pension for city workers may have cost taxpayers nearly $100 million.
Supervisor Mike Antonovich is warning that payouts totaling $48 million could dramatically impact the county’s fiscal health.
Riverside County jails are beginning to see the ugly side of California’s prison realignment program.
The council’s 11-0 vote drew a standing ovation from a packed chamber of Occupy L.A. members and other activists.
Federal authorities are looking into whether the Los Angeles Police Department misappropriated millions of dollars it was paid for providing law enforcement services at LAX, it was reported Monday.
A state audit has found that the Los Angeles Community College District mismanaged more than $140 million in bond funds.
The vote came amid ongoing closed-door talks to pressure police and firefighters to contribute part of their salaries toward retirement health care.
The county’s top Democrat wants to take a closer look into just how Arnold Schwarzenegger paid for child support during his time in office.
A state panel has slashed the amount of money California taxpayers will spend to keep legislators on the road.
City officials say they’ve discovered a second off-the-books account that once held nearly $1 million in public funds, but now has only $5,000.
The plan is aimed at helping thousands of borrowers who owe more than their properties are worth, but without cooperation from the banks, the program will likely have limited benefits.
A quartet of city officials are free on their own recognizance pending a hearing later this year to determine if there is enough evidence to order them to stand trial.
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