With three major municipal bankruptcies in California cities in
recent years, it is clear that the risks of overcommitting a city
to long-term liabilities are not just theoretical — they are…
Organized as a joint powers authority, CalTRUST offers
short-term, medium-term and money market accounts. These accounts
provide easy, safe and reliable options for public agencies.
Newly elected local officials and staff can get up to speed on a
variety of key topics using free resources designed to meet their
California’s economy is improving, and local revenues are picking
up. But fiscal challenges remain, especially in the area of
escalating costs. More cities are heading into financial
The clerk’s role is to ensure proper process and open,
transparent government. As professional managers, clerks are
uniquely qualified to do just that.
The process gives residents a voice in spending decisions.