Category Archives: John Moorlach

Report by Senator Moorlach finds 2/3 of California’s 944 school districts bleed red ink

State Senator John Moorlach released his latest fiscal report yesterday, “Financial Soundness Rankings for California’s Public School Districts, Colleges & Universities” (to download the report click here). It follows his March 2018 report on the state’s 482 cities that found … Continue reading

Posted in John Moorlach | Comments Off

Sen. John Moorlach explains California’s financial crisis at a Huntington Beach Town Hall

On July 12, state Senator John Moorlach (R-Costa Mesa), took part in a panel discussion on social investing for our state pension system (CalPERS) at a Town Hall in Huntington Beach. You can view the video here: Also participating were … Continue reading

Posted in CalPERS, John Moorlach, Pensions | Comments Off

Sen. John Moorlach and CalPERS CEO to discuss ‘socially conscious’ pension investing today in Huntington Beach

State Senator John Moorlach and CalPERS CEO Marcie Frost will be facing off this afternoon in Huntington Beach over the issue of “socially conscious” investing by pension funds. The event will be held in Huntington Beach’s City Council Chambers and … Continue reading

Posted in CalPERS, John Moorlach | Comments Off

Janus court decision is a big win for Californians

By John Moorlach | The U.S. Supreme Court’s Janus v. American Federation of State, County, and Municipal Employees decision struck a strong blow for freedom, not just for public employees, but all Americans. This is especially true for Californians. The … Continue reading

Posted in Janus vs. AFSCME, John Moorlach, Pensions | Comments Off

Moorlach urges a Yes vote on recall, endorses Whitaker to replace Newman

State Senator John Moorlach has issued the following letter of support for the candidacy of Bruce Whitaker in the recall election to replace Josh Newman as our 29th District State Senator: Dear Fellow Citizens, We have two amazing and historical … Continue reading

Posted in 29th State Senate District, Bruce Whitaker, John Moorlach, Josh Newman, Recall | Comments Off

University of California strikers don’t see the full budget picture

By John Moorlach | I get the impression the University of California workers who went on strike May 7 don’t know the half of the financial problems of which the UC system suffers. According to the Los Angeles Times, more than 20,000 members of the American Federation … Continue reading

Posted in California Budget, John Moorlach | Comments Off

Most Orange County city finances bleed red ink

Fullerton is #28 out of the county’s 34 cities By John Moorlach | Kudos to the Orange County cities of Cypress, Tustin, Irvine and Laguna Beach for enjoying the most sound balance sheets among Orange County’s 34 cities. But cautions … Continue reading

Posted in CAFR, John Moorlach | Comments Off

Setting the record straight on CalPERS, SB 400 and our underfunded public employee pensions

By John Moorlach | As California continues to grapple with pension reform, it’s important to keep the record straight on how the state got into this mess. A major reason was the pension spiking of nearly 20 years ago, specifically Senate … Continue reading

Posted in John Moorlach, Pensions, SB 400 | Comments Off

Fullerton’s city manager to discuss the public employee pension crisis tomorrow in Newport Beach

Fullerton City Manager Ken Domer will be participating tomorrow in a forum on California’s public employee pension crisis sponsored by the Association of California Cities-Orange County. The event will be held in Newport Beach. In addition to Domer, the discussion … Continue reading

Posted in John Moorlach, Ken Domer, Pensions | 1 Comment

Two red flags that California’s economy isn’t as healthy as we think

By John Moorlach | Two recent financial tremors should caution California and its municipalities that they had better get their financial houses in order. The first came from Controller Betty Yee in her update on the state’s retiree health care … Continue reading

Posted in John Moorlach | Comments Off