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San Jose Moms Charged With Embezzling School Funds
SAN JOSE (AP) — Two San Jose moms have been charged with embezzling $30,000 from their kids’ elementary school fund that pays for extras, such as hiring school counselors and kindergarten handwriting...
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Peninsula School Districts Sue County Over Investment Losses
REDWOOD CITY (BCN) – 12 Peninsula school districts are suing San Mateo County in an effort to recuperate $20 million in investments the schools lost when Lehman Brothers collapsed in September 2008....
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Phil Matier: Extra Bay Area Bridge Toll Money Lost In Bad Credit Deal
SAN FRANCISCO (KCBS) – All that extra money that was supposed to roll into California state coffers when Bay Area bridge tolls went up may get eaten up by a credit swap gone bad. KCBS and Chronicle...
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BART-To-San Jose Sees An Infusion Of Cash From State
SAN JOSE (KCBS) – California may be broke, but that isn’t stopping the state from funneling more than $200 million into Bay Area transportation projects. This is especially good news for the Bay Area...
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San Francisco Brainstorms Ways To Cash In On City Parks
SAN FRANCISCO (KCBS) – San Francisco’s Recreation and Parks Department is getting a list of money making recommendations from a prominent civic think tank. The San Francisco Planning and Urban Research...
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Phil Matier: MTA Will Pay Chinatown Group To Expedite SF Subway
SAN FRANCISCO (KCBS) – Dozens of San Francisco Chinatown residents will be relocated to make room for the new Central Subway project under an agreement that would also pay $8 million to a development...
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BART Finishes Fiscal Year With $20 Million Surplus
OAKLAND (KCBS) – BART directors were all smiles Thursday as the transit system finished the fiscal year with a $20 million surplus, which is rare in the current economic climate. BART’s bean counters...
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Transportation Group Finds Many Bay Area Bridges Structurally Deficient
SAN FRANCISCO (KCBS) – A new report has found that many of the Bay Area’s bridges are in dire need of repair and there isn’t enough money available to fix them. The study by Transportation for America,...
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New SF Agency Tasked With Funding Affordable Housing
SAN FRANCISCO (KCBS) – On Thursday Mayor Ed Lee got down to the task of figuring out how to continue to fund affordable and workforce housing following the demise of the city’s redevelopment agency,...
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Pelosi Welcomes Komen Reversal On Planned Parenthood Funding
WASHINGTON (CBS SF) – The Susan G. Komen for the Cure breast-cancer charity has reversed it decision to cut funding for Planned Parenthood after three days of controversy. Speaking on Capitol Hill,...
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$50M In Hercules Redevelopment Spending Questioned In Audits
HERCULES (CBS SF) – Audits by State Controller John Chiang’s office reveal that close to $50 million in state redevelopment funds appear to have been misspent by Hercules city officials between 2005...
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San Quentin Inmates Give $36K To Bay Area Crime Victims’ Groups
SAN QUENTIN (CBS SF) — Inmates at San Quentin State Prison Tuesday were giving away $36,000 they have earned to five Bay Area crime victims’ service groups, a prison spokesman said. Twenty-seven...
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Audit Confirms California Parks Underreported Funding For 19 Years
SACRAMENTO (CBS/AP) – A new audit confirms that staff at the California Department of Parks and Recreation intentionally under-reported the amount of money in its accounts for at least 19 years. The...
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Park Officials Conspired At Highest Levels To Hide $20M From State
SACRAMENTO (CBS/AP) — The state attorney general’s office says officials at the highest level of the California Department of Parks and Recreation helped keep millions of dollars secret for more than a...
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California Schools Misappropriated Millions Of Dollars Intended For...
SAN FRANCISCO (CBS/AP) — State officials say California school districts have misappropriated tens of millions of dollars intended to provide meals to low-income students. A report issued Wednesday by...
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SF Still Millions Short In America’s Cup Fundraising Effort
SAN FRANCISCO (CBS/AP) – San Francisco officials are racing to raise tens of millions dollars from private donors to pay for security, transportation and the other costs of hosting the America’s Cup...
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Audit Reveals That California Does Not Track Costs Of Operating Parks
SACRAMENTO (CBS/AP) – A new audit finds that the state Department of Parks and Recreation does not know how much it costs to operate each of California’s 270 state parks, beaches and recreational...
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California Students Fail To Claim Millions In Financial Aid
OAKLAND (CBS/AP) — Millions of dollars in financial aid is being unclaimed by California low-income students qualified for college. The Oakland-based nonprofit Education Trust-West report released...
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California Worker Furloughs Increase State’s Long-Term Costs
SACRAMENTO (CBS/AP) – The state employee furloughs started under Gov. Arnold Schwarzenegger greatly increased the cash-out liabilities owed by California taxpayers when those workers leave government...
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San Jose Family Looks To Raise Money For Teen’s Funeral
SAN JOSE (KCBS) — The burial service for a 16-year-old San Jose homicide victim was supposed to occur on Wednesday but his family has had to cancel the funeral because they don’t have enough money to...
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University Of California Proposes Creation Of Venture-Capital Fund For...
SAN FRANCISCO (KCBS) – A plan to fund research at the University of California will be presented at the Board of Regents on Wednesday, calling for $250 million in venture-capital funds, which is one of...
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Widow Of Koret Foundation Founder Says Charity Misusing Assets; Defendants...
SAN FRANCISCO (CBS/AP) — A San Francisco charitable foundation well-known for its philanthropy in the Bay Area and Israel is at the center of a brewing legal battle over its governance and...
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Funds Diverted From Other Caltrans Projects To Make Up For New Bay Bridge...
SAN FRANCISCO (KCBS)— The new Bay Bridge eastern span will likely end up at least $35 million in the red, and officials are shifting money from other completed Caltrans bridge projects to make up the...
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Alameda County Sheriff Shows Off $100K Drone System
DUBLIN (CBS SF) — The Alameda County Sheriff’s department showed off its new drone among a swath of high-tech equipment Wednesday in Dublin. The drone was one of two the department bought with about...
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Former Pleasanton Little League President Arrested For Allegedly Embezzling $20K
PLEASANTON (CBS SF) — Police arrested the former president of the Pleasanton American Little League Thursday on suspicion of embezzling more than $20,000 during his presidency. Jeremy Cardera, a...
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Funding Request For New Jail In San Jose Cleared
SAN JOSE (CBS SF) — The Santa Clara County Board of Supervisors has voted to support an application to request state money to fund a new jail facility in San Jose. The Board unanimously adopted a...
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LendingClub Shares Plunge As Feds Open Probe Over Funding Concerns
SAN FRANCISCO (CBS/AP) — Shares of LendingClub, which forced out its founder last week, slumped further Tuesday after the company disclosed the U.S. Department of Justice opened an investigation into...
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Sold Out Oakland Benefit Concert Raises Funds For Ghost Ship Victims
OAKLAND (CBS SF) — A sold out benefit concert on Wednesday night raised funds for the families of the victims of the Ghost Ship warehouse fire. The concert, held at Oakland’s Fox Theater featured...
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California Funds The Nation’s First Inmate Sex Reassignment Surgery
SACRAMENTO (CBS SF/AP) — Shiloh Heavenly Quine, a 57-year-old convicted killer serving a life sentence in California, has become the first U.S. inmate to receive state-funded sex-reassignment surgery....
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Storm-Lashed California Roads, Dams Could Cost $1B To Fix
FRESNO, Calif. (AP) — The bill to repair California’s crumbling roads, dams and other critical infrastructure hammered by an onslaught of storms this winter could top $1 billion, including nearly $600...
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