John Moorlach
Encyclopedia
John M. W. Moorlach is a Republican
member of the Orange County Board of Supervisors
and represents the Second District on the board. The Second District consists of the cities of Costa Mesa
, Cypress
, Fountain Valley
, Huntington Beach
, La Palma
, Los Alamitos
, Newport Beach
, Seal Beach
, and Stanton
, as well as the western half of the city of Garden Grove
. It also includes the unincorporated areas of Rossmoor
, Sunset Beach
, and Surfside. He is also currently the Board Chairman.
He serves on the Orange County Transportation Authority
, LAFCO
, CalOptima, and Southern California Regional Airport Authority boards.
Moorlach has the distinction of having predicted the largest municipal bond
portfolio loss and bankruptcy in U.S. history while campaigning for the office of Orange County Treasurer-Tax Collector against incumbent Democrat
Robert Citron
in 1994. Citron resigned in disgrace later that year and was replaced on an interim basis by Tom Daxon
. On March 17, 1995, Moorlach was appointed to fill the vacancy, was elected by the voters in 1996 to complete the unexpired term, and re-elected in 1998 and 2002, serving nearly twelve years. In 2006, he opted not to run for re-election as Treasurer-Tax Collector and instead ran for Orange County Supervisor, winning 70% of the vote.
He is recognized as a leading expert on municipal bankruptcies. He received phone calls regarding a looming municipal bond crisis in Jefferson County, Alabama
.
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...
member of the Orange County Board of Supervisors
Orange County Board of Supervisors
The Orange County Board of Supervisors is the five-member governing body of Orange County, California.-Membership:The Board consists of five Supervisors elected by districts to four-year terms by the citizens of Orange County...
and represents the Second District on the board. The Second District consists of the cities of Costa Mesa
Costa Mesa, California
Costa Mesa is a city in Orange County, California. The population was 109,960 at the 2010 census. Since its incorporation in 1953, the city has grown from a semi-rural farming community of 16,840 to a primarily suburban and "edge" city with an economy based on retail, commerce, and light...
, Cypress
Cypress, California
Cypress is a suburban city located in the northern region of Orange County within Southern California. Its population was 47,802 at the 2010 census.-History:...
, Fountain Valley
Fountain Valley, California
Fountain Valley is a city in Orange County, California. The population was 55,313 at the 2010 census. A classic bedroom community, Fountain Valley is a middle-class residential area.- History :...
, Huntington Beach
Huntington Beach, California
Huntington Beach is a seaside city in Orange County in Southern California. According to the 2010 census, the city population was 189,992; making it the largest beach city in Orange County in terms of population...
, La Palma
La Palma, California
La Palma is a city located in northern Orange County, California. Incorporated on October 26, 1955, the population was 15,408 at the 2000 census...
, Los Alamitos
Los Alamitos, California
Los Alamitos is a small city in Orange County, California. The city was incorporated in March 1960. The population was 11,449 at the 2010 census, down from 11,536 at the 2000 census...
, Newport Beach
Newport Beach, California
Newport Beach, incorporated in 1906, is a city in Orange County, California, south of downtown Santa Ana. The population was 85,186 at the 2010 census.The city's median family income and property values consistently place high in national rankings...
, Seal Beach
Seal Beach, California
-Neighborhoods:Seal Beach encompasses the Leisure World retirement gated community with roughly 9,000 residents. This was the first major planned retirement community of its type in the U.S...
, and Stanton
Stanton, California
Stanton is a city located in western Orange County, California. The population was 38,186 at the 2010 census, up from 37,403 at the 2000 census. Like most of Orange County, it is more politically conservative compared to the rest of the state. The City was incorporated in 1956 and operates under...
, as well as the western half of the city of Garden Grove
Garden Grove, California
Garden Grove is a city located in northern Orange County, California. The population was 170,883 at the 2010 census. State Route 22, also known as the Garden Grove Freeway, passes through the city running east-west. The city is known outside the Southern California area for being the home of Robert H...
. It also includes the unincorporated areas of Rossmoor
Rossmoor, California
Rossmoor is an affluent planned census-designated place located in Orange County, California. As of the 2010 census, the CDP had a total population of 10,244, down from 10,298 at the 2000 census...
, Sunset Beach
Sunset Beach, California
Sunset Beach is a beachfront community in Huntington Beach in Orange County, California. In 2011, it was annexed by Huntington Beach and is now part of that city. Prior to, it was a census-designated place, with a population of 971 at the 2010 census....
, and Surfside. He is also currently the Board Chairman.
He serves on the Orange County Transportation Authority
Orange County Transportation Authority
The Orange County Transportation Authority is the public sector transportation planning body and mass transit service provider for Orange County, California. Its ancestor agencies include not only the prior Orange County Transit District but also such diverse entities as the Pacific Electric...
, LAFCO
Local Agency Formation Commission
A Local Agency Formation Commission is one of several decision making government entities in California with the responsibility to decide boundary issues pertaining to city and county lands, including spheres of influence, and issues about the annexation of county lands into a city or special...
, CalOptima, and Southern California Regional Airport Authority boards.
Moorlach has the distinction of having predicted the largest municipal bond
Municipal bond
A municipal bond is a bond issued by a city or other local government, or their agencies. Potential issuers of municipal bonds includes cities, counties, redevelopment agencies, special-purpose districts, school districts, public utility districts, publicly owned airports and seaports, and any...
portfolio loss and bankruptcy in U.S. history while campaigning for the office of Orange County Treasurer-Tax Collector against incumbent Democrat
Democratic Party (United States)
The Democratic Party is one of two major contemporary political parties in the United States, along with the Republican Party. The party's socially liberal and progressive platform is largely considered center-left in the U.S. political spectrum. The party has the lengthiest record of continuous...
Robert Citron
Robert Citron
Robert Lafee Citron is a Democratic Party politician who was the longtime Treasurer-Tax Collector of Orange County, California, when it declared Chapter 9 bankruptcy on December 6, 1994. Citron was the only Democrat to hold office in otherwise Conservative/Republican Orange County at the time...
in 1994. Citron resigned in disgrace later that year and was replaced on an interim basis by Tom Daxon
Tom Daxon
Thomas E. "Tom" Daxon is an American businessman and politician from Oklahoma. Daxon has held numerous positions with the Oklahoma state government, including being elected Oklahoma State Auditor and Inspector in 1978 and serving as the Oklahoma Secretary of Finance and Revenue under Governor of...
. On March 17, 1995, Moorlach was appointed to fill the vacancy, was elected by the voters in 1996 to complete the unexpired term, and re-elected in 1998 and 2002, serving nearly twelve years. In 2006, he opted not to run for re-election as Treasurer-Tax Collector and instead ran for Orange County Supervisor, winning 70% of the vote.
He is recognized as a leading expert on municipal bankruptcies. He received phone calls regarding a looming municipal bond crisis in Jefferson County, Alabama
Jefferson County, Alabama
Jefferson County is the most populous county in the U.S. state of Alabama, with its county seat being located in Birmingham.As of the 2010 U.S. Census, the population of Jefferson County was 658,466...
.