March 2015

Fitch Ratings affirmed earlier this month the AAA rating for the City of Menlo Park’s general obligation bonds and provided a stable ratings outlook. The outcome of the Fitch review, which focused on the City’s 2009 “Measure T” recreation bonds, was the optimal result of a ratings review.

The affirmation of the rating focused on a number of key drivers, some of which were based on the local and regional economy and some of which were focused on financial decisions made by the City that have enhanced its financial positions.

Specifically, Fitch cited the following reasons for the affirmation of the AAA rating and the stable outlook:

  • The presence of a strong technology industry with increasing employment levels and a growing tax base;
  • Unemployment rates well below the state and national averages;
  • Strong city financial operations, including extremely healthy unrestricted General Fund reserves;
  • Exceptional revenue flexibility for a California city;
  • Prudent financial management to minimize borrowing and reduce long-term liabilities, including fully funding the retiree medical liability and paying off the side fund for public safety employees; and
  • Manageable long-term obligations due to an low direct debt burden.

Fitch Ratings is a leading provider of credit ratings, commentary and research. Reviews of the City’s debt by the major ratings agencies occur on a regular basis, and the independent nature of the review provides a good confirmation from an outside source about the City’s overall fiscal health.

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As M-A Dance Team show nears, four seniors look back on their four years

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One of the spring entertainment treats is the annual Menlo-Atherton High School Dance Team Show and Fundraiser, which will happen this year on April 4 and take place in the M-A Performing Arts Center at 6:00 pm (doors open at 5:30 pm). Coached by Nona Ybarra and Kate Lynn Roberts, the Team will display its abilities in […]

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Easter egg hunts on Saturday, April 4, in Menlo Park and Atherton

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Saturday, April 4, 2015 – 10:00 am to Noon:  The Bunny visits Burgess Park with toys and candy filled eggs for girls and boys ages 8 and under. The festivities start with bounce houses, crafts, and pictures with the Bunny. Activities are co-sponsored by the Menlo Park Firefighters Association and the Menlo Park Fire District. […]

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La Entrada Middle School in Menlo Park hosts Special Olympics basketball tournament

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After a weekend of NCAA Sweet Sixteen and Elite Eight college ball, La Entrada Middle School in Menlo Park kept the ball bouncing today by hosting a Special Olympics basketball tournament. And the cheers that emanated from the packed gym could be heard a block away, such was the enthusiasm for the event. This is the fifth time […]

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M-A Foundation online auction, supporting expanded educational programs, goes live on Monday, March 30

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The Menlo-Atherton High School Foundation is hosting an online auction to raise funds to support vital programs at M-A. The Foundation’s goal is to provide a better educational experience for every M–A student by funding smaller class sizes, expanded course offerings, professional development for teachers, college and career prep, and other essential programs and services. […]

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Little Kids Rock is hosting family-friendly fundraiser at Facebook

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Little Kids Rock is hosting a family-friendly fundraiser at Facebook HQ in Menlo Park on Saturday May 16 from 1:00 t0 5:00. Limited tickets are available . Red Hot Chili Peppers’ drummer Chad Smith will join local Little Kids Rock students for inspiring musical performances, in addition to local bands Coverflow, Scope Creep and Next Play, as well […]

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Amanda and Rickey Martinez open popular Truckee restaurant, Squeeze In, on the Peninsula

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Rickey Martinez was in Tahoe for a wedding in 2006 when his aunt and uncle asked him to help out at their restaurant in Truckee, the Squeeze In, much loved by summer and winter vacationers as well as locals. He quickly spotted a pretty blonde hostess named Amanda. That started a chain of events that now […]

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Casino bus catches fire on southbound 101 in Menlo Park, snarling traffic

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A Graton Resort casino bus caught fire on Southbound Highway 101 in Menlo Park yesterday evening (3/26). Menlo Park and Redwood City fire fighters arrived on the scene at 6.17 pm to find the casino bus fully involved in fire. The bus was unoccupied except for the driver who escaped unscathed. Additional fire engines from the Menlo […]

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Bay Area business authors speak at Menlo College on April 1

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Six influential business authors from the Bay Area will speak at Menlo College at an author’s roundtable on Wednesday, April 1 starting at 7:00 pm. Free and open to the public, the discussion will be moderated by Dr. Richard Moran, President of Menlo College and the author of several books on CEOs, workplace issues and modern […]

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Nick Turner turned from tech to eco-system garden consulting

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We’d come to view Menlo Park resident Nick Turner’s deep nature garden in part to search for butterflies. Another Menlo resident, filmmaker Dorothy Fadiman, has produced a new film, Butterfly Town, USA, which will be having a free premiere on Thursday, April 2, co-sponsored by the Sierra Club Loma Prieta Chapter. The film chronicles a community of […]

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Three nights of movies at M-A Performing Arts Center, March 30-April 1

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Experience three nights of movies at the Menlo-Atherton Performing Arts Center. March 30th – UP (2009) March 31st – Wreck-It Ralph (2012) April 1st – Mary Poppins (1964) Doors open nightly at 5:30 pm, movies start promptly at 6:00 pm. $3.00 General Admission. Dressing in character is encouraged. Purchase tickets in advance at online. This […]

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