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Arcadia adopts comprehensive pension management plan, saving $85 million. It addresses the City's $154 million in unfunded pension liabilities. It focuses on: -use of reserves to prepay existing liabilities -refinancing existing debt to lower interest rates to free up cash flow -prepaying costs with surplus funds from voter-approved Measure A sales tax increase -financing long-term capital improvements -using pension obligation bonds to lower the overall costs of pensions -negotiating for more employee cost-sharing. See also Arcadia Weekly, p. 3, February 27, 2020

https://arcadiahistory.andornot.com/en/permalink/newspaper35680
Newspaper
Mountain Views News
Date
February 29, 2020
Pages
p. 6
More detail
Newspaper
Mountain Views News
Date
February 29, 2020
Pages
p. 6
Subjects
City of Arcadia employees
Pensions
Collection
Newspaper Index
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City of Arcadia employee Tim Schwehr, Senior Economic Development Analyst, will talk to Arcadia Community Coordinating Council on February 3, 2020 about what's happening in Arcadia. In his role, he oversess efforts to attract new business and development, fosters economic growth and acts as liaison to the business community. Includes some biographical information.

https://arcadiahistory.andornot.com/en/permalink/newspaper35648
Newspaper
Mountain Views News
Date
January 25, 2020
Pages
p. 6
More detail
Newspaper
Mountain Views News
Date
January 25, 2020
Pages
p. 6
Subjects
City of Arcadia employees
Schwehr, Tim
Collection
Newspaper Index
Less detail

Jerry Collins Picnic Pavilion dedication ceremony will be held July 19, 2016 at Wilderness Park at 2240 N. Highland Oaks Drive in Arcadia. There is a memorial plaque to commemorate his life. He was a former Director of Parks and Recreation for City of Arcadia. He started his service with City of Arcadia in 1970 and had a 24 year career. See also Arcadia Weekly, p. 1, 12, July 21, 2016.

https://arcadiahistory.andornot.com/en/permalink/newspaper34611
Newspaper
Mountain Views News
Date
July 16, 2016
Pages
p. 6
More detail
Newspaper
Mountain Views News
Date
July 16, 2016
Pages
p. 6
Subjects
Arcadia Recreation Department
City of Arcadia employees
Collins, Jerry-Biography
Item ID
34803AN
Collection
Newspaper Index
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