CNN just declared Monday as "Bloody Monday" for the day's loss of 50,000 jobs at six companies. The state of California is in such a financial fix it's readying taxpayers for the possibility that they'll receive IOUs in place of refund checks this year. And the Los Angeles Unified School District is looking at a budget shortfall that could top $400 million.
The San Gabriel Valley Tribune reports at its "Leftovers from City Hall" blog that La Verne City Manager Martin R. Lomeli was recently approved by a 4-1 vote of the City Council to receive a 10 percent pay increase, which means his monthly pay will jump from $14,741 to $16,215.
That's an annual increase of nearly $18,000 for a total of $194,580 a year.
Lomeli was reportedly "very grateful."
La Verne has a population of about 32,000 people, and, apparently, a healthy crop of money trees.
Local news from across Southern California
-- TJ Sullivan