The Morning Report
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Good morning from Hillcrest.
- We’ll lead off today with the news that hot air balloon tours in the city of San Diego might no longer operate as the city is pushing back on what it says are persistent code violations.
- San Diego City Councilwoman Donna Frye is suing the city over June’s “strong mayor” ballot proposition. She argues the city isn’t reporting the true costs to add a ninth council district.
- San Diego’s reserve levels were very low four years ago, as we discuss in this Fact Check. So low that $24.3 million is considered “practically gone.”
- County Supervisors Bill Horn and Ron Roberts should be ashamed of their performances in the controversy surrounding a failed North County development, CityBeat editorializes.
- Last, I’ll play some catch up with two stories from the Wall Street Journal. First, the author of a book on public pension systems writes about the difficulties of municipal bankruptcy in Vallejo. Second, municipalities might have to report deeper pension debts on their financial statements according to new accounting rules being discussed. Quoted in the story is San Diego pension whistleblower Diann Shipione.
— LIAM DILLON