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November 23
1931 - Fall Roundup held at Hoot Gibson's Saugus Rodeo [story]
Hoot Gibson's 1931 Saugus Rodeo


losangelesCountySealThe County of Los Angeles once again received the highest short-term ratings from the nation’s top three rating agencies for the County’s annual cash flow financing, making it one of the few governmental agencies of its size to get outstanding ratings this year.

The ratings by Moody’s, Standard & Poor’s, and Fitch mean the County can expect to pay low interest rates to borrow money it needs to temporarily finance operations while awaiting tax receipts and other revenues.

Each year the Board of Supervisors authorizes the sale of Tax Revenue Anticipation Notes (TRANs) to assist with short term cash management. The County’s short term borrowing program is necessary since the County receives certain revenues, such as property taxes, on an uneven bases throughout the year. The strong confidence by the credit rating agencies reaffirms the County’s stable outlook, diverse and mature economy and good long term creditworthiness.

Fitch Ratings announced a “F1+” rating for Los Angeles County, representing the firms’ highest possible short term rating, assigned to those organizations with an “exceptionally strong capacity to meet its financial commitment” over the next 12 months. In its announcement, Fitch stated the ratings reflect the County’s “sound financial reserves and prudent management efforts to achieve fiscal balance amid ongoing and sizable financial pressures.”

Standard & Poor’s assigned the County an “SP-1+,” its highest rating for short term municipal notes, noting the County’s long term creditworthiness and conservative cash flow projections.

Moody’s has assigned a rating of “MIG 1,” which is defined as providing “superior credit quality,” whereby “excellent protection is afforded by established cash flows.” Moody’s cited that in 2012, the County reversed a four year trend of declines and recorded a cash increase, a notable achievement because it underscores the inherent conservative nature of its projections.

“We received these great ratings thanks to the leadership of our Board of Supervisors and the fiscal stewardship of countless County managers operating on the frontlines in a still improving economic environment,” said Chief Executive Officer William T Fujioka.  “Most importantly, it was the work of all County staff allowing us to maintain our financial viability. With the leadership of our Board, we have lived within our means, which has reduced our borrowing costs and yielded tremendous savings to the benefit of all County residents.”

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LOS ANGELES COUNTY HEADLINES
Thursday, Nov 21, 2024
Celebrate this special time of year with the 29th annual Winter Magic Lighted Boat Parade and holiday event Saturday, Dec. 7 at Castaic Lake, Lower Lagoon.
Monday, Nov 18, 2024
Supervisor Kathryn Barger has helped an artwork find its home in the high desert through the Los Angeles County Museum of Art’s sculpture loan program.
Monday, Nov 18, 2024
The Los Angeles County Department of Public Health is investigating two local cases of E. coli associated with a multistate outbreak linked to multiple brands of recalled organic whole bagged carrots and baby carrots sold by Grimmway Farms.
Friday, Nov 15, 2024
Local and federal law enforcement officials conducted a large-scale narcotics trafficking operation on Wednesday, Nov. 13, that resulted in the arrest of several individuals.
Friday, Nov 15, 2024
Sunday, Nov. 17 is National Take a Hike Day. The Los Angeles County Sheriff's Department has a few tips to share to celebrate the day safely.

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Latest Additions to SCVNews.com
1931 - Fall Roundup held at Hoot Gibson's Saugus Rodeo [story]
Hoot Gibson's 1931 Saugus Rodeo
The Santa Clarita Valley Chamber of Commerce will hold its annual Awards + Installation event on Friday, Jan. 31 at the Hyatt Regency.
Jan. 31: SCV Chamber Awards + Installation Early Bird Tickets
The Valley Industry Assoction will host a Cocktails & Conversation event with Cameron Smyth on Thursday, Dec. 12, 5:30=7:30 p.m. at Margarita’s Mexican Grill, 23320 Valencia Blvd., Valencia, CA 91355.
Dec. 12: Cocktails & Conversation with Cameron Smyth
Following an extensive search, the Governing Board of the William S. Hart Union High School District has unanimously selected current Interim Superintendent Dr. Michael Vierra as the new Hart District Superintendent, filling the vacancy created when Mike Kuhlman resigned effective June 30.
Hart Board Selects Current Interim Superintendent to Fill Vacancy
"Christmas Carol: The True Meaning of Christmas" will be performed on stage at the Canyon Theatre Guild on weekends beginning Friday, Nov. 29 thru Monday, Dec. 23 at 24242 Main St., Newhall, CA 91321.
Nov. 29: ‘Christmas Carol, The True Meaning of Christmas’
The California Air Resources Board has approved a $34.94 million incentives funding plan that will continue support ongoing efforts to increase access to medium- and heavy-duty zero-emission trucks, buses and equipment, with a focus on small businesses.
CARB Incentive Plan Focuses on Fleets for Small Businesses
Preparing to decorate for the holidays? If you come across broken string lights that are no longer usable, instead of tossing in the trash you can now drop them off for recycling at one of the SAFE collection centers
Recycle Broken Holiday Lights at SAFE Collection Centers
The nonprofit Raising the Curtain Foundation will host a fundraising event, "Holidayland" with mid-century pop culture expert Charles Phoenix, on Sunday, Dec. 8 at 3 p.m.
Dec. 8: ‘Charles Phoenix Holidayland’ at Newhall Family Theatre
The Santa Clarita City Council will hold its regular meeting Tuesday, Nov. 26, beginning with a special closed meeting at 5 p.m., followed immediately with open session at 6 p.m.
Nov. 26: City Council Meets to Discuss Contracts, Open Space Naming
The American Cancer Society Relay for Life of Santa Clarita Valley will present its holiday boutique fundraiser, 10 a.m.-3 p.m. Saturday, Nov. 23, at Santa Clarita United Methodist Church, 26640 Bouquet Canyon Road, Santa Clarita, CA 91350.
Nov. 23: ACS Relay for Life SCV Holiday Boutique
California State Parks Office of Historic Preservation has announced it will begin accepting applications for the State Historic Rehabilitation Tax Credit Program at 8 a.m. on Jan. 6, 2025.
State Historic Rehabilitation Tax Credit Program Launch
1843 - Rancho Castec (Lebec-Tejon area) granted to French immigrant Jose Covarrubias [story]
Rancho Castec diseno map
Due to construction and weather delays, the closure of the exercise staircase at Central Park, 27150 Bouquet Canyon Road, Santa Clarita, CA 91350, will be extended through Nov. 28.
Central Park Exercise Staircase Closure Extended Thru Nov. 28
Santa Clarita Ballet's 30th anniversary production of "The Nutcracker" will perform, Saturday and Sunday, Dec. 14-15 at the Santa Clarita Performing Arts Center, 26455 Rockwell Canyon Road, Santa Clarita, CA 91355.
Dec. 14-15: Santa Clarita Ballet’s ‘The Nutcracker’
Registration is underway for the College of the Canyons winter 2025 session, which boasts more than 300 class sections.
COC Winter 2025 Registration Underway
Christmas came early for The Master's University Men's Basketball Head Coach Kelvin Starr.
TMU Men’s Basketball Knocks Off No. 2, Starr Sees 300th Win
Theatre in a Week and Off Book Theatre is back with its holiday one act comedy "Holiday Hijinx" Friday, Dec. 13- Sunday, Dec. 15 at The MAIN in Old Town Newhall.
Dec. 13-15: ‘Holiday Hijinx’ Presented by Theatre in a Week, Off Book Theatre
The Santa Clarita Master Chorale presents its Silver Bell Jubilee concert Sunday, Dec. 8, 4 p.m. at Santa Clarita Performing Arts Center, 26455 Rockwell Canyon Road, Santa Clarita, CA 91355.
Dec. 8:  Santa Clarita Master Chorale Presents Silver Bell Jubilee
The holiday season is just around the corner and it’s one of the most magical times of the year.
Mayor Cameron Smyth | Experience Holiday Cheer on the Tracks
Celebrate this special time of year with the 29th annual Winter Magic Lighted Boat Parade and holiday event Saturday, Dec. 7 at Castaic Lake, Lower Lagoon.
Dec. 7: The 29th Annual Winter Magic Lighted Boat Parade
1967 - Local voters approve formation of community college and elect COC's first five-member board - Dr. William G. Bonelli Jr., Bruce Fortine, Sheila Dyer, Peter Huntsinger, Edward Muhl [story]
COC board
You can make a difference in a child or teen’s life this holiday season through the Boys and Girls Club of the Santa Clarita Valley. You can volunteer at a club holiday event, host a toy drive, sponsor a club family or make a donation.
Hope for the Holidays with Boys & Girls Club of SCV
Art, in whatever the medium, can communicate so much. It can inspire imagination, exude peace and calm, or tell the world the stories of a community and a culture or connect on an extremely personal level.
Kalli Arte Collective to be CSUN’s First Orndorff Artist-in-Residence
The city of Santa Clarita invites community members to attend the unveiling of the newest inductees to the Walk of Western Stars.
Nov. 23: New Honorees Inducted into Walk of Western Stars
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