I’m gonna have to agree.
CalPers is apparently grossly underfunded. Toss in all the money they toss to all the illegals, healthcare, insane salaries.
And because of that law that caps the property taxes, where’s the money coming from?
Folks are pouring out of that state like it’s on fire and who is replacing them?
This sounds just like the Clinton surpluses of yesteryear, solely designed to help try and help Newsome.
Calpers is underfunded, the roads are underfunded, and the water systems are underfunded. The teachers union, the public sector employees, and illegal aliens are fat and happy though. A day of reckoning is on the horizon.
CalSTRS, too.