SLO County Supervisor Lynn Compton leads in the fundraising race

With two San Luis Obispo County Board of Supervisor seats up for grabs, the five candidates running are raking in cash, collecting endorsements and fervently campaigning.

Campaign finance reports for the second half of 2017 show San Luis Obispo County Supervisor Lynn Compton outpacing her opponent Jimmy Paulding in fundraising for the District 4 race. Read More …

Holland family gives $25,000 each to opponents of Parkinson and Dow

The family of the Atascadero man who died in San Luis Obispo County Jail after being strapped in a restraint chair for more than 46 hours has contributed $25,000 to the Read More …

Amid a fiscal crisis, Arroyo Grande weighs options

Arroyo Grande’s ongoing deficit spending could bankrupt the city in five years, according to a 10-year financial outlook presented to the City Council last month.

A projected 52 percent increase in employee retirement expenditures and a 62 percent increase in the cost of working with the Five Cities Fire Authority have escalated the city’s deficit spending projections. As a result, city staff is asking the council to consider a combination of spending reductions and revenue creating options. Read More …

Rabobank facing a $373 million fine for money laundering for drug cartels

In what appears to be an attempt to avoid a criminal indictment, Rabobank is planning to pay a $373 million fine to the U.S. government for alleged money laundering for Mexican drug cartels, allegations first raised by an Arroyo Grande branch bank employee.

Beginning in about 2010, bank management would routinely send armored trucks to pick up cash at its branch in Calexico, a tiny town just across the border from Mexicali. Read More …