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Articles Tagged With ‘Debt’




SLO issuing $8.3 million highway interchange bond

Written on 18 Sep, 2014 in Daily Briefs, Featured | 18 comments

The city of San Luis Obispo will issue $8.3 million in lease revenue bonds to secure the final funding needed to widen a busy interchange at the edge of town. Plans have been in the works for more than a... (Continue reading)

Oceano CSD considering 30-year loan to itself

Written on 13 Nov, 2013 in Daily Briefs, Featured | 24 comments

The Oceano Community Services District Board of Directors will consider issuing itself a 30-year loan Wednesday to back-fill expenses in its general fund. The Oceano general fund has already leant nearly $800,000 to the district water fund to cover its... (Continue reading)

Paso Robles, Cayucos school districts shoulder huge bond debts

Written on 4 Dec, 2012 in Featured, Uncovered SLO | 44 comments

Two San Luis Obispo County school districts have borrowed millions of dollars using a risky form of financing saddling them with huge debt. Both Cayucos Elementary School District and Paso Robles Joint Unified School District turned to capital appreciation bonds... (Continue reading)

Connected firms reap big contracts in Atascadero

Written on 18 Aug, 2010 in Uncovered SLO | 20 comments

Consultants connected to Atascadero City Manager Wade McKinney have profited handsomely from consulting and bond work for the North County city. Contracts for the work have often gone to consultants listed as associates of McKinney, according to data available through the... (Continue reading)