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Spending

(credit: CBS)

Gov. Brown Unveils Record $107B Spending Plan

California Gov. Jerry Brown released a record-high level of spending Tuesday in his latest revision to the state budget.

CBS2 / KCAL9–05/13/2014

(Photo credit: CBS)

Calif. Controller Orders City Of Cudahy To Repay $22.7M In Taxpayer Funds

Auditors say officials in the city of Cudahy had virtually no oversight in place to prevent the misuse of taxpayer dollars when it spent nearly $23 million in redevelopment funds.

CBS2 / KCAL9–04/15/2014

(credit: CBS)

Community Groups Call For LAUSD To Spend $1B On Poorest Students

Coalition members are calling for about $1 billion in state funding over the next seven years be used to help low income students, English learners and foster youth.

03/18/2014

(credit: CBS)

Woman Says Grandson Was Suspended For Protesting Inglewood School District’s Spending

A woman said her grandson was suspended last week for protesting that the Inglewood Unified School District spent tens of thousands of dollars on a retreat for its employees.

CBS2 / KCAL9–03/10/2014

(credit: AP)

California Directs Education Money To Neediest

California education officials have adopted rules governing how school districts will be able to spend the money they get based on how many disadvantaged students they have.

01/16/2014

(credit: David McNew/Getty Images)

Reports: County Spent Nearly Half Of Litigation Costs On LASD Lawsuits

Lawsuits involving the Los Angeles County Sheriff’s Department accounted for $43 million in expenditures – nearly half the county’s overall litigation costs – last year, according to county officials.

01/10/2014

(CBS)

DWP Cuts Funding To Nonprofits After Questions Raised Over $40M In Spending

The Los Angeles Department of Water and Power has cut off funding to two affiliated nonprofit institutes after questions surfaced about how they spent more than $40 million in ratepayers’ money.

11/20/2013

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LA Controller Website Opens City’s Checkbook To Public Scrutiny

Taxpayers in the city of Los Angeles can now see how officials are spending their hard-earned money.

10/24/2013

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Attorney: AEG Trying To Smear Michael Jackson As Debt-Ridden, Irresponsible

Attorneys for Michael Jackson’s family accused concert promoter AEG of trying to smear the singer as debt-ridden and irresponsible through testimony from an expert financial witness.

CBS Los Angeles–08/13/2013

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Financial Expert: Michael Jackson Was ‘Tapped Out’

For all of his fame and wealth, Michael Jackson was mired in debt and spending millions more than he was earning each year, a financial expert testified Monday.

CBS Los Angeles–08/12/2013

(credit: David McNew/Getty Images)

UCLA Officials Accused Of Spending $2M On ‘Lavish’ Travel

Questions are being raised about what some call lavish travel and entertainment spending by UCLA officials over the past five years as tuition has risen 70 percent.

CBS Los Angeles–08/02/2013

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How To Spend Your Tax Refund

The best part of paying your taxes is probably getting your refund check.

04/10/2013

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CSU’s Spending Could Increase By $700M Over Next 4 Years

After five years of layoffs, fee hikes and cuts in admissions, the Cal State University system is getting more money to spend.

03/18/2013

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Analyst Agrees Brown’s Calif. Budget In Balance

California’s budget is finally in balance as long as state lawmakers follow Gov. Jerry Brown’s guidance to hold the line on spending.

CBS2 / KCAL9–01/14/2013

(credit: CBS)

Hahn: High-Speed Rail Project ‘Critical’ To Calif., U.S. Economy

A Southern California Congresswoman on Thursday defended plans for a high-speed rail project despite spiraling costs and concerns over its long-term viability.

12/06/2012

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