November 26, 2022
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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 & Goverment, 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’

Gov. Jerry Brown has named Ventura and Kern counties among four newly-established innovation hubs designed to spur job growth. The so-called Kern-Ventura i-Hub is designed to foster the growth of high-tech companies in aerospace, energy and other fields and is part of the California iDEA Hub. It will be based in Ridgecrest, in Kern County Read More →

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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

The ’70s are back. At least when it comes to the state of commercial real estate development in Ventura County. While new home building in Ventura County is up compared to last year, commercial development is at a 37-year low, according to the latest report from the California Economic Forecast. Total investment in Ventura County Read More →