Fiscal Intelligence

Fiscal analysis that enables educators, small business owners, and community organizers to make informed decisions.

Tag: california

The Latino Effect on Economic Growth

“As consumers, Latinos wield more than $1.3 trillion in buying power, and the number of affluent Hispanic households is growing much faster than for the overall population: In 2015, there were approximately 370,000 US Latino households with incomes over $200,000, an increase of 187 percent since 2005.”

School Superintendents: Vital or Irrelevant

A recent Brookings Institution study found that superintendents on average account for just “0.3 percent of differences in student achievement.

Rebuked Again by Steven Greenhut, City Journal 25 August 2014

Rebuked Again by Steven Greenhut, City Journal 25 August 2014.

THE LIFE CYCLE OF LEGISLATION:FROM IDEA INTO LAW

The Truth about Public Employees in California: They are Neither Overpaid nor Overcompensated

On average, California’s public sector workers are more highly educated. Of full-time workers, 55% hold a four-year college degree in the public sector compared to 35% in the private sector. Educational attainment is the single most important predictor of earnings—thus it plays a vital role in this analysis. On average, California state and local governments pay college-educated labor less than private employers. The earnings differential is greatest for professional employees, lawyers and doctors. On the other hand, the public sector appears to set a floor on compensation. The earnings of those with a high school degree or less is higher in state and local government than it is for similar workers in the private sector. There are other significant personnel differences between the public and private sector workforces. The age (median) of a typical worker in state and local government is 44 compared to 40 in the private sector. Furthermore, the state and local government workforce has more women (55%) compared to the private sector (40%).

Texas