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An "out of control" financial situation. An "ugly situation." A city that's "handcuffed." Not just a "Costa Mesa problem." Those were a few of the words used to describe the city's employee pension program through the California Public Employees'...
Earlier this week the Costa Mesa City Council gave unanimous approval for city representatives to attend an upcoming out-of-state convention, though not without discussing the intricacies of doing so on the city's dime. Mayor Jim Righeimer, Mayor Pro...
For the city of Newport Beach, the economic situation seems on par with the country as a whole: small yet steady steps toward a slow recovery. City Finance Director Dan Matusiewicz shared that summation at the Corona del Mar Chamber of Commerce's monthly...
I read Jeff Arthur's March 13 commentary, "Costa Mesa pension burden falls on us all," and I already understood many of Mr. Arthur's initial comments on the underfunded pension obligation (UPO), but there were other comments in the second half of his...
Tags: Politics, Interior Policy, Elections
Letter writer Charles Mooney says Costa Mesa has a pension problem. ["Outsourcing could make unfunded pension obligations worse, Mailbag, Feb. 26]. Yet many do not seem to understand the seriousness or magnitude: $196 million unfunded CalPERS pensions...
Tags: Credit Ratings, Politics, Interior Policy
Pension reform is not exactly a hot topic at my dinner table. In fact, I can assure you that the words have never been mentioned at any family meal. Tuesday evening's Cost Mesa City Council study session about the city's unfunded public pension...
It would take new sales or parcel taxes for the city of Costa Mesa to meet its long-term pension obligations, a Stanford University professor told the City Council on Tuesday night. Joe Nation said the scenario surrounding the difference between the...
I read Jeff Arthur's Feb. 21 letter, "Mailbag: Commentary overlooked C.M. pension obligations," which contained complaints about my previous letter, "Commentary: I have doubts about Costa Mesa's outsourcing." I would like to respond to his complaints...
Tags: Politics, Interior Policy
Charles Mooney is long on comments, but short on solutions ("I have doubts about Costa Mesa's Outsourcing," Commentary, Feb. 15). After reading Mooney's comments, I have doubts about Costa Mesa's long-term financial stability. Costa Mesa already spends...
The Costa Mesa City Council approved the creation of a committee earlier this week tasked with overseeing the city's looming pension obligations. The unanimous decision, with Councilwoman Wendy Leece absent, came not without its doubts, however, on a...
I read the Feb. 9 Daily Pilot article, "Mayor pushing on with his plan," and the Feb. 7 Orange County Register editorial, "Outsourcing back in for Costa Mesa," that the Pilot article referred to, and I have several comments. The Pilot's report of Costa...
Sixth in a series of profiles about those in the trenches of Costa Mesa's political battles. * Billy Folsom grows his goatee distinctively long in memory of a fellow Costa Mesa employee whose suicide became the tragic emblem of a city in turmoil. In...
May 2, 2013 |Story| Daily Pilot
Apr 18, 2013 |Story| Daily Pilot
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Feb 9, 2013 |Story| Daily Pilot
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