Why Tulare County supervisors named themselves to the Tulare Cemetery District Board
The decision, which was made at its July 1 meeting, follows years of complaints about the management of the district, accusations of financial irregularities, and the condition of the two district cemeteries.
Israel Sotelo, Jr., chief of staff for the Tulare County Board of Supervisors, outlined the board's options, before the meeting was opened to public comments.
'The health and safety code requires no other options other than the county supervisors to replace all the board members,' said Steve Presant, Tulare Cemetery Board chairman.
'If they take this option, which I hope they do, they'll actually inherit a fantastic group of employees who actually work very hard, and feel that their job is not just cutting grass and digging holes, but there is a ministry to them, to people in the Tulare community,' he added.
Charlie Ramos, cemetery district vice chairman, said that he was also supportive of supervisors taking over the cemetery district.
'It's just something that needs to be done for the simple fact that we just can't get business done,' he explained. 'The rhetoric has gone to a point where the meetings are unable to happen at all.'
Anna Limon also called for the cemetery board to be dismantled, but added, 'I have to disagree with Mr. Presant as far as the employees, specifically the manager, remaining there as an employee.'
She complained about having to pay fees to the cemetery district that she said should not have been district fees.
'They're cheating the public, and they're not being disclosing of the contracts,' she said.
Mary Sepada was critical of Presant as well as of the district manager, and called for an investigation.
'The main thing is start looking at finances,' she said. 'Where is this money going? Where is it being spent? How much of it is being spent? What account to pay? You know, Peter paying Paul, robbing from one account to another to pay the bills.'
Xavier Avila, district trustee, introduced himself as one of two board members still serving on the board.
'And I'm not going to resign,' he said. 'I'm not going to stop from doing my duty.'
He said, however, that he supported the supervisors becoming cemetery trustees.
'I support it because we can't lose insurance,' he said. 'Without insurance, you can't operate the cemetery. And the cemetery is a very vital function. We have to bury people.'
'The problem is a lack of accountability, a lack of transparency, the misuse of public funds, and that's the tip of the iceberg' said Alberto Aguilar, who also agreed that supervisors should temporarily run the district.
'You have to conduct an investigation,' he said. 'And if you want documentation, I'd be more than happy to provide it to you. The records are there for you to look at or to have somebody look at.
'We need to have a board that the public can trust and respect,' he added. 'You cannot trust and respect a manager who deliberately and intentionally falsifies financial records and is not held accountable.'
County supervisors then discussed their options.
'I just think this is really shameful that this is going on,' said Supervisor Amy Shuklian. 'I'd be embarrassed if I was a member of this cemetery district. I don't know what it is. I don't know if it's power, ego, or ignorance, but something's going on.
'I have a really, a big fear of setting a precedent by taking over the cemetery district because we've had districts in trouble before, water districts, cemetery districts, memorial districts, but we haven't had to come in and take them over,' she continued. 'I'm very hesitant to do this, but for the folks and the families who are grieving, or who may have to place a family member in the cemetery in the future, I may decide to go ahead and do this so we can get in there.
'And yes, we will go in there and make sure things are being done correctly,' she added. 'Seat a new board, obviously, maybe a board that doesn't have the power trip or the ego trip or the ignorance, to do this job.'
'It's very important for the community of Tulare, which is the only reason we are even considering this, to have a cemetery so that their loved ones and community members can be buried, and so that they can also have a place to grieve respectfully,' said Board of Supervisors Chair Pete Vander Poel.
'It's unfortunate that we are in this position, however, there are several factors that have led us to this point,' he said. 'I do know that the district has received notification that if a governance change is not made, there will no longer be any insurance for the cemetery, and that will cease operations altogether.'
He added that there was no choice about what actions needed to be taken 'if we want to continue to have an operating cemetery in the community of Tulare.
'If we do take this action, it's our duty as a board to make sure that we don't set this up for failure going forward,' Vander Poel said. 'We are going to seat ourselves as trustees. We're going to conduct public meetings in a way that members of the public can come and provide their input, and can see the way that the county does business.
'I do not want this to be a forever thing where we're going to come in and we're going to be permanently the Tulare Public Cemetery District board members,' he said. 'I want this to be for a period of time to get the policies and procedures implemented, and the proper training given to the right people so that we set this up for success when a new board is seated at some point in the hopefully not-so-distant future.
'I don't like the potential of setting a precedent, but I also do know that when we are elected officials at this level, we have a duty to the public to make sure that when there is a situation like this that we do step in and make sure that something that is a public need is continued,' he added.
'I echo the sentiments of my colleagues and I think people have lost sight of who this impacts,' said Supervisor Eddie Valero. 'It's the grieving families who seek comfort and care during and after burial. I too was a bit hesitant, but I support my colleagues in the decision to make things right moving forward for this special district.'
Supervisor Larry Micari moved to appoint the Tulare County Board of Supervisors as the board of trustees for the Tulare Public Cemetery District.
'However, I'd like to add that I agree with Supervisor Shuklian that we should not be in this business,' he said, before adding conditions to his motion.
'Number one is the cemetery district is to accept all liability past, present, and future – not the county,' Micari said. 'They need to retain their insurance and if there's anything that comes up, this cemetery district is the one that needs to accept the liability.
'The district is to reimburse the county also for all staff and time incurred and costs,' he said. 'Our staff is busy, we're working, we're doing everything we can. We now have additional responsibilities and the district needs to reimburse the county for time and any costs.'
He added that an ad hoc committee be formed to select new cemetery board members and that Vander Poel be on that committee because the cemetery district is in his supervisorial district.
'And that no board member who has served in the last five years on the Tulare Cemetery District is to ever, and I repeat ever, be reappointed again,' Micari said. 'And I want that note put in the file for the cemetery district so 10 years down the road if their name comes up, it'll be on record they're to never be appointed again.'
He added that county counsel is to become the legal counsel for the district.
'I want a 90-day update with some type of plan or update, as to what staff has discovered and find out what the real issues and concerns are so we can have a plan, start moving forward, and get this turned around,' he said.
'And it's my understanding, and I don't have a lot of details, but I was briefed at the last meeting there were people out there harassing (cemetery) staff,' he said. 'I'm not pointing any fingers, however, I want us to take the same stance we would to protect our (county) staff. If anybody out there is a harasser, I want a law enforcement called and I want us to get county counsel on board to get restraining orders against those people to keep them away from harassing staff.
'So, that is my motion,' Micari added.
'I think that's the most complex motion we've ever heard,' Vander Poel commented.
Shuklian offered a very brief second to the motion, which passed unanimously with a 5-0 vote.
Note to readers: If you appreciate the work we do here at the Visalia Times Delta, please consider subscribing yourself or giving the gift of a subscription to someone you know.
This article originally appeared on Visalia Times-Delta: Tulare County Supervisors become Tulare Cemetery District Board
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Applied Materials' Quarterly Earnings Preview: What You Need to Know
Santa Clara, California-based Applied Materials, Inc. (AMAT) is a provider of manufacturing equipment, services, and software to the semiconductor, display, and related industries. With a market cap of $150.1 billion, Applied Materials operates through Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets segments. The tech giant is expected to announce its third-quarter results on Thursday, Aug. 21. Ahead of the event, analysts expect AMAT to report a profit of $2.34 per share, up 10.4% from $2.12 per share reported in the year-ago quarter. Furthermore, the company has surpassed the Street's bottom-line projections in each of the past four quarters. More News from Barchart 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For the full fiscal 2025, analysts expect AMAT's EPS to come in at $9.47, up a notable 9.5% from $8.65 reported in fiscal 2024. In fiscal 2026, its earnings are expected to further grow 5.6% year-over-year to $10 per share. AMAT's stock prices have dropped 8.9% over the past 52 weeks, notably underperforming the S&P 500 Index's ($SPX) 17.3% surge and the Technology Select Sector SPDR Fund's (XLK) 21.1% returns during the same time frame. Despite delivering record earnings, Applied Materials' stock prices dropped 5.3% in the trading session after the release of its Q2 results on May 15. The company's topline for the quarter increased 6.8% year-over-year to $7.1 billion, falling short of the Street expectations by a small margin, which increased investor skepticism, which was already heightened due to concerns over the impact of potential tariffs on the semiconductor industry. Nonetheless, the company's overall performance remained more than impressive, its adjusted EPS increased 14.4% year-over-year to $2.39, beating the consensus estimates by 3.5%. Further, its operating cash flows surged 12.9% year-over-year to $1.6 billion. The consensus view on AMAT stock is optimistic, with a consensus 'Moderate Buy' rating overall. Of the 34 analysts covering the stock, opinions include 22 'Strong Buys,' three 'Moderate Buys,' and nine 'Holds.' Its mean price target of $205.68 suggests a 9.3% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Yahoo
Intel announces more job cuts and drops projects in Europe in plan to save the company
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals like Nvidia Corp. and Advanced Micro Devices Inc. In a memo to employees Thursday, CEO Lip-Bu Tan said Intel plans to end the year with 75,000 "core" workers, excluding subsidiaries, through layoffs and attrition. That's down from 99,500 core employees at the end of last year. The company previously announced a 15% workforce reduction. "I know the past few months have not been easy. We are making hard but necessary decisions to streamline the organisation, drive greater efficiency and increase accountability at every level of the company," Tan wrote. In addition, Intel will scrap previously planned projects in Germany and Poland and also move assembly and test operations in Costa Rica to larger sites in Vietnam and Malaysia. Costa Rica will remain a "home to key engineering teams and corporate functions," Tan said in the memo. Related Nvidia to sell H20 chips to China again after US gives export approval ASML sees share price drop as Trump's tariffs darken outlook In the US, the company said it will "further" slow construction of a semiconductor plant in Ohio. Founded in 1968 at the start of the PC revolution, Intel missed the technological shift to mobile computing triggered by Apple's 2007 release of the iPhone. Intel's troubles have been magnified since the advent of artificial intelligence — a booming field where the chips made by once-smaller rival Nvidia have become tech's hottest commodity. The Santa Clara, California-based company's market cap was $98.71 billion (€84bn) as of the market close on Thursday, compared with Nvidia's $4.24 trillion (€3.61tr). Tan said Intel is focusing on its "core product portfolio" and artificial intelligence offerings to serve customers better. "There are no more blank checks," Tan wrote. "Every investment must make economic sense." For the second quarter, Intel reported a loss of $2.9bn (€2.47bn), or 67 cents per share, down from a loss of $1.6bn (€1.36bn), or 38 cents per share, a year earlier. Excluding one-time items, the company posted a loss of 10 cents a share. Revenue was flat at $12.9bn (€10.1bn). Analysts, on average, were expecting adjusted earnings of 1 cent per share on revenue of $12bn (€10.2bn), according to a poll by FactSet. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
8 hours ago
- Yahoo
RNR Q2 Deep Dive: Property Catastrophe Growth and Fee Income Drive Performance
Reinsurance provider RenaissanceRe (NYSE:RNR) beat Wall Street's revenue expectations in Q2 CY2025, with sales up 13.4% year on year to $3.21 billion. Its non-GAAP profit of $12.29 per share was 25.7% above analysts' consensus estimates. Is now the time to buy RNR? Find out in our full research report (it's free). RenaissanceRe (RNR) Q2 CY2025 Highlights: Revenue: $3.21 billion vs analyst estimates of $2.95 billion (13.4% year-on-year growth, 8.7% beat) Adjusted EPS: $12.29 vs analyst estimates of $9.78 (25.7% beat) Market Capitalization: $11.54 billion StockStory's Take RenaissanceRe delivered a solid second quarter, outperforming Wall Street's expectations for both revenue and adjusted earnings per share. Management attributed this performance to the company's diversified underwriting portfolio, improved investment returns, and a recovery in fee income from its capital partners business. CEO Kevin O'Donnell emphasized that growth in tangible book value per share and robust operating return on equity were achieved despite recent catastrophe events and active share repurchases. The quarter also benefited from favorable reserve development across multiple accident years, with CFO Bob Qutub noting strong underwriting income and the successful execution of midyear property catastrophe renewals. Looking ahead, RenaissanceRe's outlook is built on continued discipline in underwriting, stable investment income, and the ability to deploy capital in attractive segments, particularly property catastrophe reinsurance. Management believes that the current market environment—characterized by healthy returns and stable pricing—will persist into 2026, barring unforeseen major loss events. O'Donnell stated, "We believe we can continue to preserve our margin and find opportunities to deploy capital," while also highlighting the company's flexible approach to capital management and its readiness to adjust strategies as market conditions evolve. Key Insights from Management's Remarks Management pointed to a combination of underwriting discipline, investment leverage, and capital partner fee recovery as key contributors to Q2's financial results and ongoing profitability. Underwriting portfolio diversification: RenaissanceRe has expanded its underwriting platform, allowing it to address a broad range of risk problems and secure terms above market rates, especially in U.S. property catastrophe reinsurance. Fee income normalization: The capital partners segment, which generates management and performance fees from third-party investor capital, rebounded after last quarter's wildfire-related deferrals, contributing $95 million in Q2 and adding a stable earnings stream. Investment leverage and returns: The company's larger, longer-duration reserve base—now $19 billion—enables greater investment income, particularly as interest rates remain elevated. Net investment income was highlighted as a persistent and growing component of profitability. Strategic capital deployment: Management reported $1.7 billion of new limit deployed into property catastrophe so far this year, with a focus on Florida and California where RenaissanceRe was able to write 80% of Florida premium at private terms above market rates. Casualty and specialty adjustments: The company continues to reduce exposure in general liability, cutting it by 30% over the past year, while maintaining a cautious approach amid elevated trend in casualty lines. Specialty and credit lines remained stable and profitable. Drivers of Future Performance RenaissanceRe expects future performance to hinge on disciplined underwriting in property catastrophe, continued fee income, and prudent capital management. Property catastrophe portfolio positioning: Management plans to maintain its focus on U.S. property catastrophe reinsurance, leveraging its scale and long-standing client relationships to secure above-market terms. The portfolio is expected to remain both sizable and profitable, assuming no material change in catastrophe activity. Fee income and investment stability: The capital partners business is set to continue providing stable fee income, while the company's investment strategy—emphasizing yield and duration flexibility—should support consistent returns if interest rates stay elevated. Management guided to similar fee levels in upcoming quarters, barring significant loss events. Casualty and specialty risk management: RenaissanceRe is monitoring elevated trends in casualty claims and remains conservative in growing exposure within these lines. Any deterioration in claims or pricing could prompt further adjustments, but management believes current rate adequacy will hold through next year. Catalysts in Upcoming Quarters In the coming quarters, the StockStory team will watch for (1) the pace and profitability of property catastrophe portfolio growth amid hurricane season, (2) continued recovery and stability in fee income from capital partner vehicles, and (3) any adjustments in casualty and specialty lines as claims trends and pricing evolve. Developments in investment returns and capital management, such as additional share repurchases, will also be monitored. RenaissanceRe currently trades at $238.91, in line with $237.45 just before the earnings. Is there an opportunity in the stock?The answer lies in our full research report (it's free). Our Favorite Stocks Right Now When Trump unveiled his aggressive tariff plan in April 2024, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that's already erased most losses. Don't let fear keep you from great opportunities and take a look at Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.