Special Districts Ability to Issue Securitized Limited Obligation Notes Reinstated By Albert Reyes, Partner, Kutak Rock LLP Under California State law, special districts have limited express authorization to issue debt to finance the acquisition or improvement of land, facilities, or...
Friday, November 13 2020, The California Department of Housing and Community Development (HCD) released Surplus Land Act (SLA) draft guidelines that threaten special districts’ authority to lease land . Developed in response to AB 1486 (Ting, 2019) , which made several changes to the...
As California grapples with the most extensive wildfires in the state’s history, the Office of Planning and Research (OPR) has released a draft update to the Fire Hazard Planning Technical Advisory (Fire Hazard Planning TA) for public comment. OPR has requested CSDA circulate the document...
CSDA member’s voices have been heard and CalPERS has again delayed taking action that could impose significant new pension liability on retired annuitants and public agencies. CalPERS deferred bringing consideration of the Administrative Law Judge’s (ALJ) decision in the Lang matter as...
2021 New Laws Series, Part 5: COVID-19 Workers’ Compensation Presumptions Under SB 1159 By Debbie Yokota, ARM On September 17, 2020, Governor Gavin Newsom signed into law Senate Bill 1159, an urgency measure that took effect immediately and sets forth rebuttable presumption standards to...
Moments ago, the Governor's Office of Emergency Services released the RFP for special districts under the "COMMUNITY POWER RESILIENCY ALLOCATION TO SPECIAL DISTRICTS PROGRAM". This year, CSDA successfully advocated for special districts to be included in community resiliency funding,...
TAKE ACTION : CalPERS Decision Affecting Retired Annuitants CSDA is asking for special districts to send comment letters to the CalPERS Board opposing the action before an October 23 deadline . At CalPERS’ next board meeting November 16-18, 2020, the board will consider adopting the...
In the days leading up to the September 30 Constitutional deadline for dispensing with legislation passed by the State Legislature, Governor Gavin Newsom signed into law CSDA-sponsored Assembly Bill 2107 related to small, medium-term loans. This measure stems from a law first passed in...
Last week, as part of Climate Week 2020, Governor Gavin Newsom announced that the California Department of Finance released their report titled “ California Climate Investment Framework ” in response to an Executive Order the Governor issued in 2019. The report provides “an investment strategy...
U.S. House leadership released late Monday a revised version of the HEROES Act without modifications to the Coronavirus Relief Fund special districts have been advocating for. As the $2.2 trillion bill has only been introduced, we must act now to remind California’s delegation to the U.S....