San Jose

San Jose

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San Jose pensions: Unfunded liabilities expected to soar

San Jose pensions: Unfunded liabilities expected to soar

The money that San Jose is paying to fund pension plans for employees is on a major upward trajectory that’s taking a larger share of the city budget, largely because depressed investment return forecasts have city retirement plans lowering their expected rate of return. Payments to retirees of the two pension plans, the Police and...

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Measure T funding plans top San Jose City Council agenda

Measure T funding plans top San Jose City Council agenda

From 388 miles of street repairs to two new fire stations, flood protection and an emergency operations center, San Jose elected leaders on Tuesday will discuss projects funded by a newly-passed bond. Measure T, a $650 million bond for infrastructure, public safety and disaster preparedness, was approved by nearly 70 percent of voters in November....

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San Jose says goodbye to longtime city auditor

San Jose says goodbye to longtime city auditor

Sharon Erickson, the city leader tasked with keeping local government honest through independent audits, announced she’s retiring next month. Erickson served as the city auditor for more than a decade, probing into controversial topics such as the city’s billing systems, lack of oversight in environmental services, rent control, taxi regulations and towing services. Her office...

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San Jose officials consider crackdown on abandoned shopping carts

Driving through San Jose on any given day, you might be greeted by abandoned shopping carts flipped over and scattered along underpasses, near railroad tracks or on sidewalks. Now, San Jose councilmember Sergio Jimenez wants to eliminate littering carts by revamping the city’s Abandoned Shopping Cart program, a decades-old policy that hands out fines for carts run awry...