Articles

“Unfinished business”: Chuck Reed’s just getting started on pension reform

All Chuck Reed needs is $25 million, and that’s all he needs.
“For me, it’s unfinished business,” says Reed, the outgoing mayor of San Jose, California. “I’m stubborn, persistent, whatever you want to call it.”
He’s talking about his plans for a statewide pension reform initiative in …

Urban revitalization, conservative-style

Conservative influence in City Hall has been on a downward slide. By late 2013, there were no Republican mayors governing the largest twelve cities in America, down from six in 2000. At present, there’s just one: San Diego’s Kevin Faulconer, elected in February.
The voting trends …

Election 2014 in Pennsylvania: what are the real adult issues?

Observers of Pennsylvania governor’s race have been treated to a lot of adult-themed content in recent weeks. Pornographic emails sent and received by former officials in the state Attorney General’s office; an actor from  ultraviolent, gross-out films who also appeared in a campaign ad; racy …

New York State Comptroller’s office evades questions about recent Goldman Sachs deal

With much fanfare, the Office of New York State Comptroller Thomas DiNapoli announced last month a “strategic partnership” between the Common Retirement Fund (CRF) and Goldman Sachs Asset Management (GSAM) to invest $2 billion in global equity strategies.
The CRF manages the assets of the New …

In Rhode Island, running for governor and from fiscal reality

Rhode Island’s gubernatorial candidates Gina Raimondo and Allan Fung have been crisscrossing the state suggesting creative solutions to the economic challenges facing the Ocean State. However, they have not been as creative in proposing fiscally responsible ways to pay for them.
If any state could benefit …

The public pension hedge fund dodge

A bill awaiting final passage by the New York state legislature would allow public pension funds to put more money into “alternative” asset classes such as hedge funds, private equity and international bonds.
Alternatives may or may not have some role to play as part of …

Softening tax collections plague state, local budgets

The slow but steady recovery of state tax revenues, which has had some newspapers sporting talk of new budget surpluses around the country, is rapidly disappearing as new tax numbers come in. In mid-April the Rockefeller Institute of Government reported a significant slowdown in tax collections in the last quarter of calender 2013. Then the institute delivered more bad news, this time for the first quarter of 2014…

Cities as cradles of progressivism?

Mayor Fiorello LaGuardia once said that there is no Republican or Democratic way to pick up garbage, and he’s still largely right. Most mayors focus much more on service delivery than ideology. There is just too much to do on any given day for mayors …

How to tax sharing

Across the nation, so-called “peer production businesses” have become a common feature of the urban landscape, and cities are scrambling to figure out how to tax and regulate them. From the short-term housing provided through services such as Airbnb and Breather to Lyft and Sidecar’s “ridesharing” services, new …

Agenda for Detroit: Why policing matters

by Michael Allegretti and George Kelling.
This is the six article in the series “Agenda for Detroit,” the purpose of which is to offer policy recommendations for a post-bankrupt Detroit. The series will culminate with the live stream event “Detroit: The Next American City of Opportunity,” featuring …