County’s Credit Ratings Upgraded
(Santa Ana, CA) – Strong management and good financial policies and practices, as well as a strong and diverse economy have resulted in ratings upgrades for the County of Orange. “The ratings upgrades confirm that the County of Orange is in the strongest financial position it has been in for many years,” said County Executive Officer Frank Kim, who served as the County’s chief financial officer for 4 years. “In part, it means we are able to move forward with long-desired projects that benefit OC citizens, like a new animal shelter, an upgrade to the County’s public safety communications system and the year-round homeless shelter.”
The upgrades follow a ratings request from the County as part of a process to prepay a majority of its FY 2016-17 employer contribution to the Orange County Employees Retirement System (OCERS), in exchange for a 5.8 percent discount.
The following is a press release from an organization unaffiliated with Voice of OC. The views expressed here are not those of Voice of OC. The Orange County Funders Roundtable is pleased to extend a special invitation to attend the The Summit:Coming Together on February 4-5, 2016 at Disney’s Paradise Pier Hotel in Anaheim. This is an exclusive invitation for Executive Directors, Board Chairs, and Funders. The 1½ day convening is designed to bring together community leaders to co-create a vision for Orange County and to explore HOW community stakeholders can work together to impact, grow and sustain efforts to improve our communities.
The following is a press release from an organization unaffiliated with Voice of OC. The views expressed here are not those of Voice of OC. FOR IMMEDIATE RELEASE
Susan Kang Schroeder, Chief of Staff
Case # 14ZF0330
December 29, 2015
FATHER AND SON CONVICTED OF $300,000 EMBEZZLEMENT OF EMPLOYEE WAGES ON PUBLIC WORKS PROJECTS
SANTA ANA, Calif. – A father and son were convicted today of embezzling over $300,000 from employee wages on public works jobs. Daniel Jacob Siapin, 60, and his son Gabriel Daniel Siapin, 37, both of La Habra Heights, pleaded guilty toa court offer of 28 felony counts of taking and receiving a portion of worker’s wage on public works, and 32 felony counts of recording a false and forged instrument with a sentencing enhancement for property loss over $200,000.Daniel Siapin’s California state contractor’s license was revoked today by the court.
The following is a press release from an organization unaffiliated with Voice of OC. The views expressed here are not those of Voice of OC. Click here to view in PDF format.
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James Spady and Alex Scott write that gang injunctions are overhyped in terms of results and should be replaced with crime prevention programs instead of being expanded by District Attorney Tony Rackauckas in places like Santa Ana, Placentia, and elsewhere in the county.
Social safety net programs cut just 5 percent of the overall poverty rate in Orange County, according a new report by the Public Policy Institute of California (PPIC), ranking it at the bottom among California counties.