Santa Rosa may sell bonds to reduce pension liabilities

Andrew Graham  |  July 30, 2021

Includes “Santa Rosa, Calif., City Council is considering selling more than $100 million of bonds to raise cash for its growing pension debt, a step that could ease budgeting in years to come but carries enough risk that some municipal financing experts warn against it. … The city does not have to sell $110 million worth of bonds at once, however, Mazyck said, allowing it to be strategic with interest rates. …”

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