Vol. 1, No. 5, Published September 9, 2015
Treasurer John Chiang visited Google headquarters in Mountain View on Aug. 18. Pictured with the Treasurer are, from left, Mufaddal Ezzy of Google, Board of Equalization Member Fiona Ma and Rebecca Prozan of Google.
In Case You Missed It
Just in case you missed it, here's a summary of recent news from the Treasurer's Office:
September 3: Treasurer Chiang Praises Plan to Pre-Fund Retiree Health Care Costs
Treasurer John Chiang praised provisions that will help pre-fund retiree health care costs reached as part of the collective bargaining agreement between the State of California and the Professional Engineers in California Government (PECG). Read the news release in English and Spanish.
September 1: ScholarShare Launches College Savings Pledge to Raise Awareness About State’s 529 Plan
ScholarShare, California’s 529 college savings plan, is celebrating National College Savings Month in September with a College Savings Pledge. Read the news release in English and Spanish.
August 27: Treasurer Chiang Completes $1.93 Billion Bond Sale Producing $270 Million in Taxpayer Savings
Treasurer John Chiang announced the completion of a sale of $1.93 billion in State general obligation bonds. The sale included the issuance of $1.38 billion in refunding bonds to refinance about $1.54 billion of existing debt. This resulted in taxpayer savings of more than $270 million. Read the news release.
August 24: Treasurer Chiang Names New California Health Facilities Financing Authority (CHFFA) Executive Director
State Treasurer John Chiang has announced that Diane Stanton will serve as Executive Director of the California Health Facilities Financing Authority (CHFFA). Read the news release.
Top News Clips:
- Editorial: Finally, progress on unfunded retiree health costs
The San Diego Union Tribune
September 2, 2015 - Deal requires state workers to pay ahead for retiree health care
The Sacramento Bee
September 1, 2015 - California Rainy Day Fund Yields Results in Bond-Market Recovery
Bloomberg
August 24, 2015 - Stanton Named Head of CHFFA
The Bond Buyer
August 24, 2015 - California GOs Trading Well Ahead of $1.9B Sale
The Bond Buyer
August 21, 2015 - Treasury releases money to boost small business loans
Central Valley Business Journal
August 20, 2015 - Restitution advocates criticize Polish policies as overly onerous
The Jerusalem Post
August 19, 2015 - Time For Poland To Pay Restitution
The Jewish Week
August 12, 2015 - The Riggs Report: A budget ghost is retired
KCRA
August 7, 2015 - Dan Walters: Misleading bond issue fades away
The Sacramento Bee
August 6, 2015