WHY: Often referred to as the fiscal conscience of the California Legislature, presciently warned of Orange County’s risky investments before it declared bankruptcy in 1994. Orange County official served as the Treasurer-Tax Collector from 1995 to 2006.
RECENT: Focus on shaky pension status of Orange County’s 34 cities. “Many cities will survive. Too many are in danger.”
OC LEADER BOARD, MAY 18: These cities will now be making major fiscal decisions as a result of the coronavirus lockdown, as revenues have been decimated and future annually required pension contributions will rise even higher than projected just three months ago.”