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For a decade California has purposefully pursued a virtuous cycle of executive, legislative and voter actions designed to produce stable budgets and readily available reserves capable of buffering our state against such unforeseen events as the current coronavirus pandemic. We made disciplined, responsible spending decisions and put the billions of dollars saved into rainy day funds and I invest those funds prudently so that they are available when we need them.
I operate a small 501(c)(3) nonprofit organization. We have been impacted greatly by the COVID-19 pandemic and I’m worried we may need to close our doors permanently. What financial resources are available to help nonprofits survive through this time?
Calendar of upcoming events.
A monthly update on key legislation for Treasurer Ma.
Photos of Treasurer Fiona Ma's travels.
This newsletter is not intended to be and should not be used for making investment decisions about State of California bonds or notes. Potential investors should always obtain and read the Official Statement published by the State for each issue of bonds or notes.