While upgrading California’s credit rating last month, Moody’s Investors Service also issued a shot across the bow of the state’s high cost of living, warning that it could gradually become “a greater drag on economic expansion if it limits the state’s population growth.”

High costs are predominantly a barrier to lower income residents, but if costs continue to rise they will start to erode the purchasing power of the state’s higher income residents, Moody’s points out.

Treasurer Ma is prepared to help meet the rebuilding needs of communities devastated by wildfires, including the Kincade and Tick fires. The Treasurer can direct more investment dollars into local community banks, credit unions, and other financial institutions to benefit areas around the state impacted by the fires. Depositing state funds in community banks can specifically aid in recovery lending.

Dear Fiona,

I recently saw a post on your Facebook page about a free seminar for veterans your office hosted. I am a veteran looking to build a business. Unfortunately, I am unable to attend your seminar. Could you please share what resources are available to help start and grow my business?

Adam

Dear Adam,

Meet the people in the State Treasurer’s Office whose public service inspires us and is making a difference.

Dear friends,

California State Treasurer Fiona Ma is reminding health facilities that the California Health Facilities Financing Authority (CHFFA) Lifeline Grant Program still has millions of dollars in grant money to disburse and the program is coming to an end soon. Lifeline grants are administered by CHFFA, which is chaired by Treasurer Ma.

Photos of Treasurer Fiona Ma's Children’s Hospital Tour

Dear Fiona,

I am the president of a private nonprofit university in California. We are exploring the idea of remodeling a couple of our buildings and are looking into our options for financing such a project. I’m interested in learning more about your Bond Financing Program for post-secondary institutions. Specifically, what are the benefits of entering into a bond transaction with the Treasurer’s Office?

Jason

Dear Jason,

October 16

California Tax Credit Allocation Committee

1:45 PM or upon CDLAC adjournment | 915 Capitol Mall, Room 587, Sacramento, CA 95814

Details: Public Call-In: (888) 557-8511 | Participant Code: 5651115

https://www.treasurer.ca.gov/ctcac/meeting/index.asp