News Categorized: Funding

Power Struggle – Utilities v. Solar Providers

This winter, solar companies and utilities are headed for a showdown. Regulators will soon be deciding whether Californians installing solar panels will have to pay new monthly fees to their utility, including PG&E and the state’s two other major utilities. Regulators at the California Public Utilities Commission are expected to release their proposal for what… Read more »

CA Lawmakers “Behest” $28 Million in Donations

California lawmakers and other state officials arranged for donors, many with business at the Capitol, to contribute $28 million to nonprofit organizations, local museums and other favored causes during the first half of the year, according to the most recent filings with the Fair Political Practices Commission. So-called behested payments must be reported when a… Read more »

State Revenues Continue Climb, Complicates Tax Increase

Dan Walters, Sacramento Bee political columnist The Legislature’s Democrats were miffed when Gov. Jerry Brown insisted on using his revenue estimates as the basis for the 2015-16 state budget, rather than a higher number calculated by legislators’ budget adviser. The legislators had used the larger figure as the basis for their version of the budget,… Read more »

Elon Musk Empire Built on Tax Subsidies

Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space. And he’s built those companies with the help of billions in government subsidies. Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated… Read more »

Meanwhile, There’s Cap-And-Trade Money to Spend

While Gov. Jerry Brown is being fairly tight about spending the state’s multibillion-dollar windfall of sales and income taxes, he’s not shy about spending rapidly increasing proceeds from “cap-and-trade” fees on carbon emissions. The revised 2015-16 budget that he unveiled this month more than doubles, from $992 million to $2.2 billion, projected revenues from selling… Read more »

Brown Backs Gas Tax Boost…With GOP Support

Since taking office in 2011, Gov. Jerry Brown has helped to resolve some of California’s toughest fiscal challenges — mainly huge structural deficits and old, forgotten debts. But this year he appears ready to take on Mission Impossible — getting Democrats and Republicans to agree to increase the state’s gas tax to fix California’s crumbling roads… Read more »