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Authority Uses Tower Capital Management as Underwriter

Pasadena Unified logoPasadena Unified
Document date
Apr 23, 2026

The 30-second brief

What it covers

The California Statewide Delinquent Tax Finance Authority utilizes Tower Capital Management as its underwriter to finance the purchase of delinquent tax receivables from participating school agencies, including Pasadena Unified School District. The FAQ notes Tower Capital Management’s role in purchasing receivables and maintaining required data processing for the program.

Who holds it

Tower Capital Management holds this financial services contract with Pasadena Unified. Its other public contracts on record include work for Antelope Valley Union High and Norwalk-La Mirada Unified.

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Contract details

Contract type
Financial Services
Document date
April 23, 2026
Vendor
Tower Capital Management
Agency
Pasadena Unified
Source document
Pasadena Unified School District Resolution Resolution 2869 2026-04-23 (Resolution)

Tower Capital Management's other public contracts

Antelope Valley Union High, CaliforniaTower Capital Management Selected as Tax Program Underwriter · May 7, 2026UndisclosedNorwalk-La Mirada Unified, CaliforniaJPAs Select Tower Capital as Delinquent Tax Underwriter · Mar 30, 2026UndisclosedLas Virgenes Unified, CaliforniaBoard to Review Tower Capital Management Annual Report · Nov 12, 2025UndisclosedMonterey County Office of Education, CaliforniaDelinquent tax receivables assigned to Tower Capital Management · Jun 25, 2025UndisclosedMonterey County Office of Education, CaliforniaMCOE Extends Delinquent Tax Receivables Financing Program · Jun 25, 2025UndisclosedAll Tower Capital Management contractsVendor profile

More Pasadena Unified contracts

Yarijanian & Associates ProfessionalcorpPasadena Unified School District Report Approval of Purchase Orders for the Month of September 2026 · Oct 22, 2026$14KKya Services LLCKya Services CMAS Agreement Ratified for McKinley · Oct 22, 2026UndisclosedTyr Ior ServicesTYR IOR Services Joins Pasadena Inspection Pool · Oct 22, 2026UndisclosedLIVESCHOOLPasadena Unified School District Report Approval of Purchase Orders for the Month of September 2026 · Oct 22, 2026$1.2KSchool Health CorporationPasadena Unified School District Report Approval of Purchase Orders for the Month of September 2026 · Oct 22, 2026$700All Pasadena Unified activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Pasadena Unified?

Tower Capital Management was awarded this financial services contract by Pasadena Unified, as recorded on April 23, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Pasadena Unified School District Resolution Resolution 2869 2026-04-23 (Resolution), dated April 23, 2026 from Pasadena Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tower Capital Management hold?

Tower Capital Management may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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