Special comment: Ventura County’s energy landscape
Ventura County has an diverse array of energy assets, but the rules are going to have to change if innovation is going to flourish in the region.
That was my takeaway after moderating two panels on the future of energy at the Ventura County Economic Development Association’s annual business outlook conference on Oct. 25.
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.
Fighting for farming: Santa Paula rancher wrangles with SOAR advocates
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New water fees could dry up Ventura projects
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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 →
