Even the remaining property-tax revenues would henceforth be allocated by the legislature in Sacramento.In effect, cities, counties and school districts thus lost their funding independence.
That established the funds' independence and in turn validated Vanguard's own pioneering corporate structure: the firm is owned by the funds that it manages, which are in turn owned by their shareholders.
Former Tory party chairman Norman Fowler, Labour peer Waheed Alli and the Liberal Democrats' Anthony Lester said the BBC's funding, independence and core mission to inform, educate and entertain had to be preserved in the white paper.
As a trustee of the funds, I have a duty to preserve the funds' independence from the very kind of political meddling we have seen in recent months.
The fund's independence means its opinion carries some weight, and in recent months its economists have warned that deep cuts could trigger a new downturn.
It is possible that in Kaziranga armed rebel groups are targeting rhino in Kaziranga to fund their independence struggles," said Cathy Dean, international director of the Save the Rhino.
The steering committee, in court filings, argued that it had worked directly with Mr. Feinberg "to make the claims process and methodologies more fair," and filed motions with the court to press Mr. Feinberg to modify his claims about the fund's independence from BP.
Scottish ministers were warned by their own economic advisers that plans for an oil fund under independence may require tax rises or spending cuts.
She said such assistance doesn't compromise the fund's independence or transparency with the public.
The two-day conference, held at Columbia University, was called "Enlarging the Space for Watchdog Journalism: Countering Threats, Supporting Innovations," and was co-sponsored by The Open Society Institute, The Fund for Independence in Journalism, The Dart Center for Journalism and Trauma and Columbia's Graduate School of Journalism.
