Essential Workers Now Qualify For Vaccine In L.A. County
Your morning news today: Essential workers now qualify for the free COVID-19 vaccine in L.A. County, but there s a caveat; Peace Corps celebrates its 60th birthday today, and more. This program is made possible in part by the Corporation for Public Broadcasting, a private corporation funded by the American people. 4:18 CA Lawmakers Approved Public School Reopening Package
Your morning news today: State lawmakers overwhelmingly approved a $6.6 billion dollar public school reopening package, Governor Gavin Newsom has promised a quick signature; and the Asian American community responds to the recent spike in anti-hate incidents, and more. Thisprogram is made possible in part by the Corporation for Public Broadcasting, a private corporation funded by the American people.
Coronavirus Today: Rediscovering life s rhythms latimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latimes.com Daily Mail and Mail on Sunday newspapers.
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Alleging the Los Angeles County Department of Public Health has failed its residents and harmed its businesses during the ongoing COVID-19 pandemic, the West Covina City Council in a split decision this week voted to begin the process of forming its own health department.
The move would eventually free the 16-square-mile city of about 110,000 residents from health mandates handed down by the county’s health department such as bar and restaurant closures related to COVID-19 but not until it creates a department of its own that meets state health requirements. It would not free the city from state health mandates.
West Covina City Council votes to quit L A County health department over COVID rules msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
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The city of Tucson, Arizona, decided last year to pay rent on five golf courses and a zoo to itself. In California, West Covina agreed to pay rent on its own streets. And in Flagstaff, Arizona, a new lease agreement covers libraries, fire stations and even City Hall.
They are risky financial arrangements born of desperation, adopted to fulfill ballooning pension payments that the cities can no longer afford. Starved of cash by the pandemic, cities are essentially using their own property as collateral of sorts to raise money to pay for their workers’ pensions.
It works like this: The city creates a dummy corporation to hold assets and then rents them. The corporation then issues bonds and sends the proceeds back to the city, which sends the cash to its pension fund to cover its shortfall. These bonds attract investors who are desperate for yield in a world of near-zero interest rates by offering a rate of return that’s slightly higher than similar financial assets. In