California Research Bureau Issues Redevelopment and OPEB Reports
The California Research Bureau (CRB), the research division of the California State Library, has released two new reports, one on redevelopment oversight and one on public retiree benefits. Both are available in the "CSAC Advocacy" section of www.csac.counties.org, under "Government Finance and Operations" or by clicking the titles at the end of this article.
The "Rethinking Redevelopment" report examines what types of mechanisms – aside from the currently available, but rarely used, referendum and court appeals – might increase the input of local citizens and governments in sensitive redevelopment decisions. The report contemplates oversight by counties or by local agency formation commissions (LAFCOs), but focuses primarily on how binding arbitration could be used as an oversight tool.
The "Golden Years" report provides an overview of public retiree benefits in the state. It ranges from explaining how public retiree benefits are provided in California to reviewing arguments on both sides of the "defined benefit v. defined contribution" debate. The report also details the coming accounting changes and why they are causing some concern among some public officials.
Rethinking Redevelopment Oversight: Exploring Possibilities for Increasing Local InputFunding the Golden Years in the Golden State