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Stockton’s Wastewater Bond Rating Significantly Improved

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For the second time in a month, top bond rating agencies have assigned significantly improved credit ratings to Stockton Public Financing Authority Wastewater System Revenue Refunding Bonds. Fitch and Standard & Poors (S&P) have assigned a credit rating of ‘A-‘ with an outlook of “Stable,” up from a prior rating by S&P on the original 1998 and 2003 series bonds of BBB-.

“We are very pleased with the new ratings and the recognition by the ratings agencies that Stockton has remained steadfast in maintaining its solid footing with respect to its enterprise services,” said City Manager Kurt Wilson. “Investors and rating agencies have recognized that these services are supported by restricted funds and that the City has managed its finances responsibly.”

>The City of Stockton originally issued bonds in 1998 and 2003 to fund wastewater

System projects. With approval of the Stockton City Council, both series will be combined and reissued in a 2014 issue of approximately $79.4 million.

“We are going to basically refinance those bonds, sort of like refinance your home mortgage,” said Connie Cochran, Public Information Officer.

She says because of the improved credit rating, the city will not get an improved interest rate, and will cost the city less money when it comes to borrowing money.

“It’s very exciting because it shows that our bonds are marketable,” she added.

The agencies reviewed the City’s financial performance, cash balances, future debt needs, and area of service to determine the new credit ratings. In addition, the agencies took into account the impact of the recent recession on the local economy and the need to improve the wastewater system in the near future.

An improved credit rating allows the City to save money, as interest rates and the cost of borrowing are lower with the improved ratings.

The wastewater system and debt associated with projects and improvements are funded through rates paid by those connected to the system. These funds are special, restricted funds and are not part of the City’s General Fund and, therefore, not impacted by Stockton’s bankruptcy.

For information about the City of Stockton and its Municipal Utilities Department, visit www.stocktongov.com/mud.

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Activism

Newsom Fights Back as AmeriCorps Shutdown Threatens Vital Services in Black Communities

“When wildfires devastated L.A. earlier this year, it was AmeriCorps members out there helping families recover,” Gov. Newsom said when he announced the lawsuit on April 17. “And now the federal government wants to pull the plug? We’re not having it.”

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California for All College Corps
California for All College Corps.

By Bo Tefu
California Black Media

Gov. Gavin Newsom is suing the federal government over its decision to dismantle AmeriCorps, a move that puts essential frontline services in Black and Brown communities across California at risk, the Governor’s office said.

From tutoring students and mentoring foster youth to disaster recovery and community rebuilding, AmeriCorps has been a backbone of support for many communities across California.

“When wildfires devastated L.A. earlier this year, it was AmeriCorps members out there helping families recover,” Newsom said when he announced the lawsuit on April 17. “And now the federal government wants to pull the plug? We’re not having it.”

The Department of Government Efficiency (DOGE) under the Trump administration is behind the rollback, which Newsom calls “a middle finger to volunteers.”

Meanwhile, Newsom’s office announced that the state is expanding the California Service Corps, the nation’s largest state-run service program.

AmeriCorps has provided pathways for thousands of young people to gain job experience, give back, and uplift underserved neighborhoods. Last year alone, over 6,000 members across the state logged 4.4 million hours, tutoring more than 73,000 students, planting trees, supporting foster youth, and helping fire-impacted families.

The California Service Corps includes four paid branches: the #CaliforniansForAll College Corps, Youth Service Corps, California Climate Action Corps, and AmeriCorps California. Together, they’re larger than the Peace Corps and are working on everything from academic recovery to climate justice.

“DOGE’s actions aren’t about making government work better. They are about making communities weaker,” said GO-Serve Director Josh Fryday.

“These actions will dismantle vital lifelines in communities across California. AmeriCorps members are out in the field teaching children to read, supporting seniors and helping families recover after disasters. AmeriCorps is not bureaucracy; it’s boots on the ground,” he said.

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Activism

Four Bills Focus on Financial Compensation for Descendants of Enslaved People

This week, CBM examines four more bills in the package — each offering ways for Black Californians to receive restitution for past injustices — from housing assistance and reclamation of loss property to fairer pay and the establishment of a state agency charged with determining eligibility for reparations.

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iStock
iStock.

Edward Henderson
California Black Media

Last week, California Black Media (CBM) provided an update on four bills in the California Legislative Black Caucus (CLBC) 2025 Road to Repair package.

The 16 bills in the Black Caucus’s 2025 “Road to Repair” package focus on “repairing the generational harms caused by the cruel treatment of African American slaves in the United States and decades of systemic deprivation and injustice inflicted upon Black Californians,” said the CLBC in a release.

This week, CBM examines four more bills in the package — each offering ways for Black Californians to receive restitution for past injustices — from housing assistance and reclamation of lost property to fairer pay and the establishment of a state agency charged with determining eligibility for reparations.

Here are summaries of these bills, information about their authors, and updates on how far each one has advanced in the legislative process.

Assembly Bill (AB) 57

AB 57, introduced by Assemblymember Tina McKinnor (D-Inglewood), would require that at least 10% of the monies in the state’s home purchase assistance fund be made available to applicants who meet the requirements for a loan under the home purchase assistance program and are descendants of formerly enslaved people.

The Assembly Judiciary Committee is currently reviewing the legislation.

Assembly Bill (AB) 62

AB 62, also introduced by McKinnor, would require the Office of Legal Affairs to review, investigate, and make specific determinations regarding applications from people who claim they are the dispossessed owners of property seized from them because of racially motivated eminent domain. The bill would define “racially motivated eminent domain” to mean when the state acquires private property for public use and does not provide just compensation to the owner, due in whole or in part, to the owner’s race.

AB 62 is currently under review in the Judiciary Committee. 

Senate Bill (SB) 464

 SB 464, introduced by Sen. Lola Smallwood-Cuevas (D-Los Angeles), aims to strengthen the existing civil rights laws in California concerning employer pay data reporting. The bill mandates that private employers with 100 or more employees submit annual pay data reports to the Civil Rights Department. These reports must include detailed demographic information — including race, ethnicity, sex, and sexual orientation — pertaining to their workforce distribution and compensation across different job categories. Furthermore, beginning in 2027, public employers will also be required to comply with these reporting requirements.

The Senate Committee on Labor, Public Employment, and Rules is currently reviewing SB 464. A hearing is expected to be held on April 23.

Senate Bill (SB) 518

SB 518, introduced by Sen. Akilah Weber Pierson (D-San Diego), establishes the Bureau for Descendants of American Slavery to address and remedy the lasting harms of slavery and the Jim Crow laws suffered by Black Californians.

SB 518 is under review in the Senate Judiciary Committee. A hearing is expected to be held on April 22.

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Arts and Culture

BOOK REVIEW: Love, Rita: An American Story of Sisterhood, Joy, Loss, and Legacy

When Bridgett M. Davis was in college, her sister Rita was diagnosed with lupus, a disease of the immune system that often left her constantly tired and sore. Davis was a bit unfazed, but sympathetic to Rita’s suffering and also annoyed that the disease sometimes came between them. By that time, they needed one another more than ever.

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Love Rita Book Cover. Courtesy of Harper.
Love Rita Book Cover. Courtesy of Harper.

By Terri Schlichenmeyer

Author: Bridgett M. Davis, c.2025, Harper, $29.99, 367 Pages

Take care.

Do it because you want to stay well, upright, and away from illness. Eat right, swallow your vitamins and hydrate, keep good habits and hygiene, and cross your fingers. Take care as much as you can because, as in the new book, “Love, Rita” by Bridgett M. Davis, your well-being is sometimes out of your hands.

It was a family story told often: when Davis was born, her sister, Rita, then four years old, stormed up to her crying newborn sibling and said, ‘Shut your … mouth!’

Rita, says Davis, didn’t want a little sister then. She already had two big sisters and a neighbor who was somewhat of a “sister,” and this baby was an irritation. As Davis grew, the feeling was mutual, although she always knew that Rita loved her.

Over the years, the sisters tried many times not to fight — on their own and at the urging of their mother — and though division was ever present, it eased when Rita went to college. Davis was still in high school then, and she admired her big sister.

She eagerly devoured frequent letters sent to her in the mail, signed, “Love, Rita.”

When Davis was in college herself, Rita was diagnosed with lupus, a disease of the immune system that often left her constantly tired and sore. Davis was a bit unfazed, but sympathetic to Rita’s suffering and also annoyed that the disease sometimes came between them. By that time, they needed one another more than ever.

First, they lost their father. Drugs then invaded the family and addiction stole two siblings. A sister and a young nephew were murdered in a domestic violence incident. Their mother was devastated; Rita’s lupus was an “added weight of her sorrow.”

After their mother died of colon cancer, Rita’s lupus took a turn for the worse.

“Did she even stand a chance?” Davis wrote in her journal.

“It just didn’t seem possible that she, someone so full of life, could die.”

Let’s start here: once you get past the prologue in “Love, Rita,” you may lose interest. Maybe.

Most of the stories that author Bridgett M. Davis shares are mildly interesting, nothing rare, mostly commonplace tales of growing up in the 1960s and ’70s with a sibling. There are a lot of these kinds of stories, and they tend to generally melt together. After about fifty pages of them, you might start to think about putting the book aside.

But don’t. Not quite yet.

In between those everyday tales, Davis occasionally writes about being an ailing Black woman in America, the incorrect assumptions made by doctors, the history of medical treatment for Black people (women in particular), attitudes, and mythologies. Those passages are now and then, interspersed, but worth scanning for.

This book is perhaps best for anyone with the patience for a slow-paced memoir, or anyone who loves a Black woman who’s ill or might be ill someday. If that’s you and you can read between the lines, then “Love, Rita” is a book to take in carefully.

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