The Public Trust Advisors Credit Team helps California CLASS
evaluate the credit profile of investable entities and determine
their suitability as counterparties. But what does that mean for
cities reviewing their investment options?
Milpitas received global recognition for its energy and
sustainability work last year. Its Smart City Infrastructure
Program aims to generate over $1.5 million in annual energy and
water cost savings for the city.
Fentanyl is behind an alarming spike in drug overdose deaths.
While more can be done at the state and federal levels to end
this tragedy, cities have at least one tool at their disposal to
help reduce the number of overdose deaths: naloxone.
Landscape management is often dismissed as “just gardening.” In
reality it requires a large amount of specialist knowledge. It
can also create enormous health, economic, and aesthetic benefits
There is no shortage of opinions as to what the Fed will or will
not do. That said, the undeniable fact is that this recent and
historical tightening of monetary policy has transformed cash
into a compelling asset class.
Green spaces are a core part of Vista’s identity. So, when large,
mature trees started dying, the city sprang into action. Today,
the trees are thriving, thanks to a holistic approach to urban
forestry and smart irrigation controllers from Calsense.
Benicia’s pension obligations are projected to reach 28% of its
general fund revenues by 2031. To create better policy responses,
officials are using financial forecasting software to simplify
information and provide real-time projections.
California Water Service takes a holistic and preemptive approach
to water sustainability, safety, infrastructure, and equity to
ensure their customers have access to water that is safe,
clean, reliable, and affordable.
From planning and design to permitting, and construction,
Southern California Edison has helped its customers install
thousands of charging stations for passenger vehicles and
hundreds more for heavy-duty vehicles like buses and trucks
through its Charge Ready programs.
With age taking its toll on existing vehicle fleets, many local
government agencies are learning how to not only improve the
lifecycle of their vehicles but reduce their total cost of
ownership with no impact on their current budget.
Municipal budgets in California are experiencing significant new
stressors. As cities and counties work to provide equitable
access to public programs, address the growing homelessness
crisis, and deal with the many other challenges facing their
communities, public agencies are again forced to spread limited
budget dollars across more programs.
California city officials may want to take a close look at their
2021 travel and holiday plans. In addition to personal check
lists — COVID-19 vaccinations and tests, pet sitters, and
passport renewals — you’ll need to reserve plenty of time this
fall and winter for the monumental redistricting effort which
will be required to align voting districts with 2020 Census