Bonds are a Risky Way to Deal with Pension Woes.

By Jon Coupal, includes “Recently, this column exposed the foolishness of two proposed statewide bond measures: A $15 billion school bond, which will be on the March 3 ballot, as well as a ‘climate resiliency’ bond. … But at the local level, taxpayers need to be aware of a recent resurgence in the use of pension obligation bonds, a risky financing method that fell out of favor during the recession but is now making a comeback. …”

Read the full article on: The Daily Breeze (California)

Jon Coupal | January 27, 2020



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