Fiscal policy

November 17, 2025

Municipal Attorney Michael Colantuono on Local Finance and California’s Broken Fiscal Compact

Veteran municipal attorney Michael Colantuono reflects on California’s enduring state–local fiscal dysfunction and legislature usurpation of local control. From a recent “bullet dodged” by local government to the legacy of Prop 13, Colantuono traces decades of underfunding by the State of local government, legislative overreach, and judicial decisions that have hamstrung localities' ambitions.

April 29, 2020

Rick Cole: The Four Horsemen of the 'Fiscal' Apocalypse

Rick Cole identifies the Four Horsemen of the 'Fiscal' Apocalypse: Cratering Revenue, Neglected Infrastructure, Pension Debt, and Community Need, as heralds ushering the reinvention of city services to meet the needs of today’s urban realities.

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