By Ventura County Taxpayers Association (VCTA) Inheriting a predecessor’s underfunded public pension debts is never fun, but the need to address them is unavoidable.  The question before Simi Valley City Council was how – and there is both a right way and a wrong way. The right way is to adopt policies that keep the … Continue reading Simi Valley Pension Obligation Bonds – A Risky Financing Maneuver Without a Public Vote