The word steward has a variety of meanings. In faith communities, stewardship means exercising prudence and thoughtful oversight of the financial resources of a place of worship. In the business world, a steward is someone who has the responsibility to manage another’s assets with a legal, moral and ethical obligation to act in the best interest of the beneficiary above their own. The same applies to roles like a trustee managing a trust, a board member overseeing a company or nonprofit, or an investment steward responsible for plan assets.

Although Californians should expect that our elected leaders act as good stewards of public funds, rarely is that the case. Examples of how the state misuses our tax dollars are legion. But one that came to light recently is the stunning story of a Los

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