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. …”
Read the full article on: Governing