Firm Updates and Announcements
The state’s population has been decreasing for several years, and the state Department of Finance recently projected that it would remain unchanged at 38 – 40 million residents until 2060 — a huge change from earlier predictions that it would top 50 million by then.
Read MoreAB 764—legislation recently introduced by Los Angeles Assemblyman Isaac Bryan with the aim of enhancing transparency and accountability—has reignited the discourse surrounding California's redistricting procedures for local government entities.
Read MoreTo further complicate things for Governor Newsom and his Department of Finance, the day after the governor's May revision was released on May 13, the Legislative Analyst's Office came out and said that the governor's revenue numbers were “plausible but unlikely.” The analyst estimates there is about $11 billion less in revenue than the governor's May revision originally calculated.
Read MoreOn Friday, May 12, 2023, Governor Newsom released his revision to the state budget he first unveiled in January. When Governor Newsom provided his budget to the Legislature in January, it was intended to solve a $21.5 billion budget deficit. The deficit was a shock following last year when the Governor was touting a budget surplus of almost $100 billion.
Read MoreThe ruling represents a great victory for the natural gas industry. “What was an existential threat in the rush toward electrification, has now been stopped dead in its tracks by the 9th US Circuit Court of Appeals in San Francisco,” Sheehy says.
Read MoreGovernor Newsom and the Legislature have backtracked on assistance to California employers to deal with the Unemployment Insurance (UI) deficit, says Tom Sheehy, principal and founder of the Sheehy Strategy Group.
Read More“The State of California's budget situation is in really murky waters,” says former Chief Deputy Director of the California Department of Finance, Tom Sheehy, Principal and Founder of Sheehy Strategy Group. “When the country gets a financial cold, California gets a severe case of influenza. We are very sensitive to changes in the economy.”
Read MoreAs seen in National Review. A vote last week by the Bay Area’s air-pollution regulators to phase out and eventually ban the sale of new gas furnaces and water heaters in the Northern California region will be costly for residents, will further burden an already stretched electric grid, and will have minimal environmental impact, energy experts and economists told National Review.
Read MoreThe Sheehy Strategy Group has released two brochures to help potential clients determine whether SSG is the right choice for their strategic needs. Both brochures highlight SSG's personnel, credentials and decades of experience.
Read MoreThere are many new state officials you need to get to know if you are regulated or doing business in California. These new legislators present a great opportunity for your organization to build new relationships and political alliances that will benefit you.
Read MoreRead the Sheehy Strategy Group report on California-related election results.
Read MoreThe Sheehy Strategy Group has released two new brochures to help potential clients determine whether SSG is the right choice for their strategic needs. Both brochures highlight SSG's personnel, credentials and decades of experience.
Read MoreIn testimony before the California Advisory Committee to the U.S. Commission on Civil Rights, Tom Sheehy warns against the dangers of overzealous regulatory enforcement agencies like the Employment Development Department.
Read MoreTom Sheehy, principal and founder of the Sheehy Strategy Group, recently testified in favor of local control before the Assembly Education Committee.
Read MoreTom Sheehy recently testified before a U.S. Commission on Civil Rights advisory panel regarding the civil rights implications of California’s #AB5 legislation. Other panelists included AB 5 author Assemblywoman Lorena Gonzalez, San Francisco City Attorney David Chiu, and Assemblyman Kevin Kiley.
Read MoreThe California Senate and Assembly have agreed upon a two-party budget proposal, and they sent a bill (SB 154) down to the Governor on Monday June 13th. This budget is really just a placeholder to make sure that the legislature meets it is June 15 constitutional deadline and so that the state controller continues to pay lawmakers, while they hash out more specific details with Governor Newsom.
Read MoreCalifornia has an unimaginable $97 billion state budget surplus. Now is the time to be doing business with the State of California and local government agencies.
Read MoreOn April 4, 2022, Tom Sheehy, testified before the California State Assembly’s Revenue and Taxation Committee in support of Assembly Bill 2065. The measure, authored by Assembly Member Blanca Rubio, will help California’s businesses to recover from COVID by reinstating the net operating loss (NOL) tax deduction for the 2020 and 2021 tax years.
Read MoreTom Sheehy, Principal and Founder of the Sheehy Strategy Group, recently sat down with GovReport’s Christina Gagnier to discuss California’s massive unemployment insurance (UI) debt and possible solutions.
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