debt service – California Globe

The Transit Watchdogs Couldn’t Even Get BART’s Operating Expenses Right – What Else Did They Get Wrong?

November 2, 2026 3:00 pmNovember 2, 2026 3:01 pm

Its first major review used the wrong financial numbers, materially understated BART’s operating expense growth and credited the agency with hundreds of millions in questionable “cost savings.” The report was then approved by the very committee appointed to oversee the...

What is the U.S. Treasury Guidance on Tax Cuts?

May 17, 2021 6:05 amMay 17, 2021 6:10 am

The United States Treasury released its guidance last week on the permissible uses of federal relief funds under the American Rescue Plan Act, “the Coronavirus State and Local Fiscal Recovery Funds.” In Section Eight of Treasury’s written guidance, they provide...