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Montebello, California’s $2.5 million Tax and Revenue Anticipation Notes Close

By Roderick Kinnison on November 10, 2011 in All Stories Index, Finance, Government, National News

MONTEBELLO, Calif. /CitizenWire/ — Montebello's $2.5 million Tax and Revenue Anticipation Notes (TRANs) closed today – marking a milestone towards the City's ability to continue improving its operations. Approved by City Council in late August, TRANs raised $2.5 million in short term borrowing from private investors to meet near-term cash flow demands rather than resorting […]

City of Montebello, Calif., is on an ‘Improved Path’ Kosmont Management Report states

By Roderick Kinnison on November 1, 2011 in All Stories Index, Business, Government, National News

MONTEBELLO, Calif. /CitizenWire/ — The City of Montebello announces an improved path. As Americans, we are all in this together. Our country has gone through the worst recession since the tumultuous years of the Great Depression. Thousands of cities across the nation are in financial turmoil. Economic analysis shows continued stagnation over these next few […]

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Tag Archives | Montebello

Montebello, California’s $2.5 million Tax and Revenue Anticipation Notes Close

City of Montebello, Calif., is on an ‘Improved Path’ Kosmont Management Report states