Monday’s Briefing: Ex-PG&E CEO gets paid big bucks while your rates are set to increase

Hayward councilmember to offer plan for reducing displacement in her city

News you don’t want to miss for April 29:

1. Former PG&E CEO Geisha Williams was paid $9.3 million last year, The Mercury News reports. This comes after the utility was linked to several large wildfires over the past two years. $$

2, “California regulators have approved a $373 million rate hike for Pacific Gas & Electric to pay costs related to a series of wildfires,” SFGate reports. The average bill will go up about $3.50 a month.

3. The avalanche of cannabis tax revenue coveted by many East Bay cities has not yet materialized. “It’s been a little more than a year since California legalized marijuana — the largest such experiment in the United States,” writes Thomas Fuller in The New York Times,” but law enforcement officials say the unlicensed, illegal market is still thriving and in some areas has even expanded.” $$

4. Hayward Councilmember Aisha Wahab has another idea for stopping displacement in the city. She will offer a plan to the Hayward City Council on Tuesday to give Hayward residents first dibs on any housing and home ownership opportunities within projects partnered or supported by the city, the East Bay Citizen reports.

5. The Warriors held off the Houston Rockets, 104-100, to take a 1-0 lead in the highly-anticipated Western Conference semifinals match-up, SFGate reports.

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