SACRAMENTO COUNTY TOBACCO SECURITIZATON CORPORATION
700 H STREET NO 1703, SACRAMENTO, CA 95814

Total Revenue
$13,729,018
Total Expenses
$14,034,081
Net Assets
$7,047,250

Organizations Filed Purposes: TO PURCHASE FROM THE COUNTY ITS RIGHT TO RECEIVE TOBACCO SETTLEMENT REVENUES (TSRS), BORROW MONIES NECESSARY TO PAY THE PURCHASE PRICE FOR SUCH TSRS, SECURE SUCH BORROWINGS WITH THE TSRS, RECEIVE TSRS AND RESIDUAL PAYMENTS REGARDING TSRS OF THE COUNTY, INVEST MONIES, AND INCUR EXPENSES.

RECEIVE FROM THE STATE OF CALIFORNIA THE TOBACCO SETTLEMENT REVENUES DUE TO THE COUNTY OF SACRAMENTO. MAKE THE SEMI ANNUAL PAYMENT ON THE LOAN WITH THE TOBACCO SECURITIZATION AUTHORITY OF NORTHERN CALIFORNIA (AUTHORITY). THE AUTHORITY ISSUED BONDS TO FUND THE CORPORATIONS PURCHASE OF THE COUNTY'S TOBACCO SETTLEMENT RIGHTS. THE AUTHORITY TAKES THE FUNDS RECEIVED FROM THE CORPORATION AND PAYS THE BONDHOLDERS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Florence EvansSECRETARY1$0
Britt FergusonCFO1$0
Sue FrostVICE PRESIDENT1$0
Betty WilliamsDIRECTOR1$0
Don NottoliDIRECTOR1$0
Susan PetersDIRECTOR1$0
Patrick KennedyDIRECTOR1$0
Phil SernaCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202110939349300001_public.xml