Thought Leadership
Interest Rate Market Timing – Finance Now or Later?
JPMorgan Chase CEO Jamie Dimon recently warned that a “very, very serious” mix of headwinds was likely to tip both the U.S. and global economy into recession by the middle of next year (2023). Among the indicators ringing alarm bells, Dimon cited the impact of runaway inflation, interest rates going up more than expected, the unknown effects of quantitative tightening and Russia’s war in Ukraine. His comments come at a time of [...]
Policies or Procedures – What are their differences and why they matter
In its practice, Urban Futures Incorporated (UFI) has seen where the lack of effective financial policies has resulted in inefficient financial management practices, increased risk, and the misalignment of financial operations with the overall mission of an organization. At its best, finance works quietly in the background, contributing to the overall service delivery operations for a community. But when things go wrong, financial administration failures are painfully visible.
Latest News
UFI’s Continues Servicing the Financial Administration Needs of Public Agencies in Riverside County
Urban Futures, Incorporated (UFI) covers all aspects of fiscal administration and capital financing/reporting needs for public agencies large and small. UFI’s Public Finance Group, staffed with Series 50 municipal advisors, supports the issuance of debt [...]
Continuing Disclosure Practice Enhancements Improves Customer Experience
UFI’s Analytics and Compliance Group is a full-service practice committed to managing the comprehensive disclosure and dissemination agent needs of California public agencies. UFI provides post-issuance compliance services to over 150 California cities, school districts, [...]
UFI Welcomes Dan Matusiewicz as Senior Consultant
UFI is pleased to welcome Dan Matusiewicz who has joined our Public Management Group as a Senior Consultant. UFI’s Public Management Group provides high level budget forecast, pension modeling and analytics, and other a long‐term [...]
City of Lake Elsinore to Fund New City Hall Facility
On Tuesday, June 14, 2022, the City of Lake Elsinore (the "City") successfully sold $23.7 million of lease revenue bonds, generating $24.1 million in proceeds. The bonds are issued primarily to finance a new City Hall facility on a site adjacent to the existing city hall office at 130 South Main Street, financed over a 30-years at a true interest cost of 4.57%.