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Ratings agencies unfazed as county pension costs rise

By   /  Friday, October 25th, 2013  /  Banking & Finance, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Ratings agencies unfazed as county pension costs rise

Despite dire warnings that future pension costs could cause a fiscal meltdown for tri-county governments, credit ratings for Santa Barbara, Ventura and San Luis Obispo county bonds remain mostly unaffected by looming gaps in their retirement obligation funding.

Standard & Poor’s, a leading rating agency, ranks all three counties near the top of a scale that spans from its highest AAA to C, the lowest rating a bond can have without defaulting. Santa Barbara County carries the agency’s second highest AA-plus designation. Ventura County is assigned a slightly lower AA-rating this year and SLO County is ranked AA-minus.

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Retired Ventura County sheriff sues for supplemental pension

By   /  Friday, October 18th, 2013  /  East Ventura County, Law, Top Stories, Tri-County Economy, West Ventura County  /  5 Comments

Former Ventura County Sheriff Bob Brooks, whose $283,000 pension is among the largest of any retired government employee in California, is suing the county for a supplemental benefit that would pay him another $75,000 a year.

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Fighting for farming: Santa Paula rancher wrangles with SOAR advocates

By   /  Friday, October 11th, 2013  /  Agribusiness, East Ventura County, Features, Real Estate, Tri-County Economy, West Ventura County  /  Comments Off on Fighting for farming: Santa Paula rancher wrangles with SOAR advocates

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New water fees could dry up Ventura projects

By   /  Friday, October 11th, 2013  /  Agribusiness, East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on New water fees could dry up Ventura projects

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Brown taps Ventura County as one of state’s ‘innovation hubs’

By   /  Tuesday, October 8th, 2013  /  East Ventura County, Latest news, Technology, Tri-County Economy, West Ventura County  /  Comments Off on Brown taps Ventura County as one of state’s ‘innovation hubs’

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Rival bankers place their bets on Ventura County rebound

By   /  Friday, October 4th, 2013  /  Banking & Finance, Banking Industry, East Ventura County, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Rival bankers place their bets on Ventura County rebound

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Ventura County developers pull back amid high vacancy

By   /  Friday, October 4th, 2013  /  Columns, East Ventura County, Real Estate, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County developers pull back amid high vacancy

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