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The Government Finance Officers Association’s federal liaison center is warning some members against using interest rate swaps and derivatives as alternatives to advance refundings. In a recently published alert, GFOA noted that the tax law changes enacted in December prohibit the use of tax-exempt advance refundings as of Jan. 1, 2018. As a result, issuers are looking for alternatives. “Issuers should work with their advisors to understand potential new risks and other considerations that may accompany these alternatives,” GFOA said in the alert, adding it, “cautions many entities against entering into swap or derivative agreements.”

The county of San Diego is bracing itself for the next chapter in a years-long legal saga over its plans to limit greenhouse gases. The board of supervisors unanimously approved on Wednesday its latest iteration of a so-called Climate Action Plan — once again drawing the ire of environmental groups and concerned residents who say elected officials aren’t taking the issue seriously.

Earlier this week, KPCC learned Southern California’s largest water importer, the Metropolitan Water District, was considering more than doubling its investment in a plan to reconfigure how supplies are diverted from one of the region’s most important sources of water: the Sacramento-San Joaquin River Delta just east of San Francisco. Three MWD board members have floated the idea of spending an additional $6 billion to revive a plan to build two giant tunnels under the delta.

Free copies of a popular guidebook for environmentally friendly landscaping upgrades are available to residents countywide, thanks to a second printing of the “San Diego Sustainable Landscape Guidelines” by the San Diego County Water Authority. Residents can pick up the 71-page, spiral-bound books at the front desk of the Water Authority’s Kearny Mesa headquarters, and at approximately 15 other locations in San Diego, Chula Vista, El Cajon, Oceanside, San Marcos, Bonita and Spring Valley. A list of pickup locations is at sustainablelandscapessd.org/guidelines, as is an electronic version of the guidebook.