In The Media | David Carmany

California auditor finds significant financial risks in a Los Angeles suburb

A Los Angeles suburb that pledged its streets as collateral for a pension bond deal is under a new spotlight because of … Continue Reading...

California City That Sold Pension Debt Now at Fiscal Brink

West Covina, California, which sold $204 million of pension bonds in July, is at the fiscal brink because of its ineffective management … Continue Reading...

State auditor releases updated rankings of California cities’ fiscal health

The State Auditor’s office has released an annual update to its dashboard tracking the financial health of California cities, which now features

West Covina receives new grant to rewrite zoning laws

West Covina was awarded a state grant that will allow the city to rewrite its zoning law, which will help increase housing … Continue Reading...

West Covina may reconsider its ban on gas station alcohol sales — again

Gas stations in West Covina can’t sell beer and wine, prompting multiple attempts throughout the years to overturn that law. Now, not … Continue Reading...

West Covina issues new bonds to pay unfunded pensions

West Covina issued new bonds to pay for its unfunded pension obligations, the city announced.

The city approved to the lease revenue … Continue Reading...

West Covina’s issuance of pension obligation bonds

The City of West Covina has issued $204.1 million in taxable lease revenue pension bonds. Standard & Poors assigned an “A+” rating … Continue Reading...