By mvlife on April 28, 2010
The City Council on Monday, May 3 will begin reviewing proposals submitted in February by four waste hauling companies – Athens Services, CR&R, Inc., Ware Disposal and Waste Management of Orange County – vying for the City’s Integrated Solid Waste Management Services contract. After council members have reviewed the proposals and completed their discussion, the [...]
Posted in Budget, Business, News | Tagged city of mission viejo, Mission Viejo, mission viejo budget, mission viejo information, mission viejo life, mission viejo news, mission viejo official blog, Waste Management |
By mvlife on March 17, 2010
The City of Mission Viejo has been recognized for excellence in governmental budgeting for 2009 by the Government Finance Officers Association of the United States and Canada (GFOA), a non-profit association that serves more than 17,000 government finance professionals across the country. The City received a Distinguished Budget Presentation Award for its commitment to meeting [...]
Posted in Budget, News | Tagged Budget, city of mission viejo, Mission Viejo, mission viejo information, mission viejo life, mission viejo news, mission viejo official blog |
By mvlife on March 12, 2010
The City continues to be proactive in managing its budget during these economic times. In its Mid-Year Budget Review report that will go before the City Council on Monday, staff will recommend changes to the 2009-10 Budget that will strike a balance between reducing expenditures to offset dips in revenues and ensuring that necessary programs [...]
Posted in Budget, News | Tagged city of mission viejo, Mission Viejo, mission viejo budget, mission viejo city council, mission viejo information, mission viejo life, mission viejo news, mission viejo official blog |
By mvlife on December 10, 2009
The successful sale of $17.3 million in City Lease Revenue Refunding Bonds on Wednesday has resulted in nearly $800,000 in savings to the City. By monitoring the market daily and selling the bonds Wednesday, the City reaped 4.4 percent net present value (NPV) savings, which is equivalent to $769,468 in savings to the City. The [...]
Posted in Budget, Business, News | Tagged city bond sales, city of mission viejo, mission viejo information, mission viejo life, mission viejo news, mission viejo official blog |
By mvlife on November 25, 2009
With a high number of public agencies expected to issue bonds the first week of December, the interest rates are expected to be higher than what the City wants to pay on the refinancing of roughly $17 million in City Lease Revenue Bonds. The sale of the bonds will therefore be delayed at least a [...]
Posted in Budget, Business, News | Tagged Budget, city of mission viejo, Mission Viejo, mission viejo news, mission viejo official blog |
By mvlife on November 20, 2009
The City Council on Monday approved $50,000 in 2009-10 community services funding to 20 non-profit organizations under a program designed to assist non-profit organizations that serve Mission Viejo residents. The City accepts applications for the program until Sept. 1 and awards funding in December. This year a strong emphasis was placed on identifying community building [...]
Posted in Budget, News | Tagged city of mission viejo, mission viejo information, mission viejo life, mission viejo news, mission viejo official blog |
By mvlife on November 13, 2009
Standard and Poor’s reaffirmed the City’s issuer credit rating of AAA and assigned a rating of AA+ to the proposed refunding bonds, which are bonds issued to replace outstanding bond issues. The City in December will issue roughly $17 million in refunding bonds to take advantage of the lower interest rates available in the bond [...]
Posted in Budget, Business, News | Tagged city of mission viejo, mission viejo information, mission viejo life, mission viejo news, mission viejo official blog |
By mvlife on November 12, 2009
The City will be able to recoup sooner rather than later nearly $2.5 million in property tax revenues the state plans to borrow this year, thanks to the successful sale of the Prop 1A Securitization bonds on Nov.10. “The sale of the securitization program bonds allows the City to hold to its previously approved FY [...]
Posted in Budget, Business, News | Tagged city of mission viejo, mission viejo information, mission viejo life, mission viejo news, mission viejo official blog, property tax revenues |
By mvlife on September 25, 2009
The City Council on Monday reinstated $155,172 for Mission Viejo Library programs to help the library continue to provide the best services possible to the public. The reinstatement of these funds was made possible by previous City Council action on Sept. 8 that approved a plan for the Community Development Agency (CDA) to repay $1.2 [...]
Posted in Budget, Library, News | Tagged city of mission viejo, mission viejo budget, mission viejo information, mission viejo life, mission viejo news, mission viejo official blog |
