Tag: Financial challenges
Proposition 36’s Financial Impact on Local Governments
Proposition 36's Impact on Local GovernmentsCalifornia voters made their voices heard with the passing of Proposition 36, a law aimed at imposing stricter penalties for specific drug and theft offenses while promising "mass treatment"...
Vancity Layoffs: 7% Workforce Cut Following Year of Losses and Rising Costs
Vancity, the largest community credit union in Canada, has announced that it will be laying off seven percent of its workforce, affecting nearly 200 employees. This decision comes after a challenging year of losses...