The Full Disclosure Network® presents an exclusive video report on how California Taxpayers pay matching funds every time voters in Los Angeles approve billions in school bonds for the what is described as “the Beast” or an economic engine known as the Los Angeles Unified School District (LAUSD).
A little known fact concerning the cost of bonded indebtedness is the amount of interest paid on general obligation bonds, infrastructure bonds, pension bonds, etc.
In a bombshell expose of California’s massive unfunded public employee benefits Full Disclosure Network® is featuring a two-part series with public employee officials and finance expert B. Scott Minerd, CEO Guggenheim Partners, Asset Management.
Angry citizens and taxpayers in Orange County are featured in an 8 minute FULL DISCLOSURET Internet video preview, describing why they have been challenging the proposed financing for construction of a new City Hall using Certificates of Participation (COP) bonds, without voter approval.
Secret bonds known as COPs (Certificates of Participation) bonds are being used by California cities, counties and school districts"to get a lot of cash up front to pay off their political patronage friends and then stick future generations of taxpayers without any voter approval of this long-tem debt."
Los Angeles City Controller Laura Chick has dropped some clues as to how she would approach an audit of the massive Los Angeles Unified School District (LAUSD) in a one hour interview with Full Disclosure® host Leslie Dutton.
Jon Coupal, President of the Howard Jarvis Taxpayers Association has raised the possibility of a legal challenge for the misuse of bond funds by the Los Angeles Unified School District (LAUSD) on the latest Full Disclosure Network™ video blog.
Los Angeles, CA., Ever since Proposition 13 was approved by the California voters in 1978, there has been a Constitutional provision that public indebtedness must be approved by the voters.