Ridgeline helped the District develop and implement a comprehensive pension cost optimization strategy and a pension liability management policy. A portion of the Unfunded Accrued Liability with CalPERS was refunded through issuance of pension obligation bonds to achieve cash flow savings. The Project allows for greater fiscal resiliency of the District and better utilization of taxpayer funds.
Ridgeline Municipal Strategies, LLC is an independent registered municipal advisory and financial consulting firm.
Contact Ridgeline to discuss your financing and pension cost optimization needs.
Ridgeline's principal, Dmitry Semenov, spoke on the municipal bond financing at the 2023 League of California Cities' Municipal Finance Institute.Read this post
Ridgeline served as a municipal advisor on the issuance of the $10,925,000 Water Revenue Certificates of Participation with $12,000,000 in proceeds for the Tehachapi-Cummings County Water District.Read this post
Ridgeline's assessment of CalPERS' FY2023 investment performance and its impact on the CalPERS member agencies.Read this post
Ridgeline served as a municipal advisor on the issuance of a $14,600,000 USDA interim financing for the City of San Juan Bautista.Read this post