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The structure in which bonds are backed by a lease of city streets is being used in the Southern California cities of Torrance and West Covina.
August 20 -
Treasurer Ma has championed programs to give minority and women-owned businesses a seat at the table throughout her career. A mission of the Treasurer is increasing diversity to increase equitable outcomes.
August 20 -
Both domestic and international travel have been down sharply during the pandemic.
August 19 -
David Hartley, who died in July at 92, was managing partner of Stone & Youngberg when he retired in 1991.
August 18 -
As teachers in some states return to classrooms, pension actuaries weigh the impact that the coronavirus could have on pension funds
August 17 -
The move will enhance economic recovery from the coronavirus, the rating agency said.
August 12 -
California's second-largest district says it will apply stricter standards than the state's when in-person learning does resume.
August 11 -
The California Supreme Court ruled July 25 in a pension spiking case with ramifications for the state's ironclad pension legal doctrine.
August 7 -
Small businesses make up 98% of businesses in the city, and its coffers have taken a huge hit during the pandemic.
August 5 -
The California Supreme Court upheld the state's 2013 pension reform, but said its ruling is not a reexamination of the "California Rule" on public pensions.
July 30 -
San Francisco International Airport will issue $291 million in refunding bonds amid belt-tightening efforts driven by a massive drop in passengers.
July 30 -
Fitch Ratings cut Pioneers Memorial Healthcare District in Imperial County to BB from BBB-minus.
July 29 -
UMB plans to focus on higher education with its initial thrust into advisory services.
July 21 -
VRDO reset rates in California consistently were too high to be justified, a new filing contends.
July 20 -
Due to coronavirus and the resulting lockdowns and office closures, ridership on the commuter rail line linking San Francisco and San Jose is down about 95%.
July 17 -
The Los Angeles lawyer founded her own firm and ran it for two decades before Polsinelli acquired it in 2011 to enter California. She retires in October.
July 16 -
They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.
July 15 -
The authority realized $67 million in savings on its refunding.
July 10 -
Several California cities are cutting police budgets, and shifting non-violent 911 calls to mental health workers.
July 9 -
The audit reported "significant evidence" of malfeasance at the Sweetwater Union High School District and cast a skeptical eye on why it chose a bond rater.
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