The Governmental Accounting Standards Board’s release of new
defined benefit pension standards could not have come at a better
time or a worse time, depending on one’s point of view.
As cities implement deeper budget cuts, volunteers are performing
more physically and intellectually demanding functions.
Efforts to finance energy-efficiency projects benefit from
thinking ahead about the pros and cons of different options.
The League made pension reform its top strategic priority in 2012
and succeeded in accomplishing this goal as the legislative
A new program gives local governments access to tax-exempt
financing for sustainable energy investments and projects.
Like many California cities, San Carlos has faced some serious
budgetary challenges in recent years.