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Julia Dilts guides angel network to new role with tech startups

By   /  Friday, April 4th, 2014  /  Columns, Technology  /  1 Comment

Maverick Angels, the Westlake Village-based investor group co-founded by the late John Dilts, is disbanding but not disappearing completely. Founded in 2006, Maverick was a different take on the idea of an angel network. Like other networks, it was an association of individual accredited investors — it didn’t pool money, and members made their own Read More →

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Muñoz Schnopp bankruptcy filing reshapes 44th District race

By   /  Friday, April 4th, 2014  /  East Ventura County, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Muñoz Schnopp bankruptcy filing reshapes 44th District race

Port Hueneme City Councilwoman Sylvia Muñoz Schnopp filed for personal bankruptcy on March 12, the same day she dropped out of the race for a State Assembly seat. Muñoz Schnopp, a Republican, had filed a statement of intent to run in the June primary for the 44th Assembly District. The district covers most of Ventura Read More →

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Reason study: Taxpayers would save $460M with pension overhaul

By   /  Friday, March 28th, 2014  /  East Ventura County, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Reason study: Taxpayers would save $460M with pension overhaul

A proposal to change Ventura County’s public-employee pension system from a defined-benefit to a 401(k)-style system would save taxpayers $5.4 million in cash flow over the first two years and $51.6 million in cumulative savings over five years of reform, according to a study by the Los Angeles-based Reason Foundation, a libertarian think tank. The Read More →

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Editorial: Housing affordability another issue in pension debate

By   /  Friday, March 7th, 2014  /  Editorials, Opinion  /  Comments Off on Editorial: Housing affordability another issue in pension debate

Part of the drive for higher and higher public benefits stems from the fact that housing affordability in our coastal zones is a chronic problem.

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Op/ed: Pension investments are fundamentally sound

By   /  Friday, March 7th, 2014  /  Op/Eds, Opinion  /  Comments Off on Op/ed: Pension investments are fundamentally sound

Pensions are a vital part of compensation and serve as an asset to local governments.

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Belt tightening: Amid drought, food banks face bare cupboards

By   /  Friday, March 7th, 2014  /  Agribusiness, Central Coast Health Watch, Features, Nonprofits, Top Stories  /  Comments Off on Belt tightening: Amid drought, food banks face bare cupboards

Erik Talkin, CEO of the Foodbank of Santa Barbara County. Its cooler shelves are down to 75 percent of usual capacity of fresh produce as farmers donate less during the drought. (Alex Drysdale / Business Times photo)

Demand is up at the region’s food banks, and supply is down. In the for-profit world, those two factors would mean higher prices, but since food banks give away their products, their cupboards are starting to look a bit bare.

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Op/ed: Ventura County pension proposal is about retirement plan fairness

By   /  Friday, February 28th, 2014  /  Op/Eds, Opinion  /  1 Comment

The big fact that public employee unions don’t mention when they tout the safety of pensions is that when the pension fund loses money, you — the taxpayers — have to make up the difference.

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