By @Cathrine Lemaire CSDA members seeking funding for capital improvements and equipment purchases know they can turn to the CSDA Finance Corporation for efficient financing solutions at competitive rates. If you are looking for information on state and federal grants and loans in...
Assembly Constitutional Amendment 1 (Aguiar-Curry) , a reintroduction of the similarly-numbered measure from previous years from the same author, has been set for its first policy committee hearing July 12 at 9:30 a.m. This meeting of the Assembly Local Government Committee comes following the...
Monterey County Mosquito Abatement District Celebrates New Facility Funded Through CSDA Finance Corporation In April, the Monterey County Mosquito Abatement District (MCMAD) www.montereycountymosquito.com celebrated a major milestone with an Open House and Ribbon Cutting Ceremony at their...
McKinleyville Community Services District (MCSD) in Humboldt County has over 6,700 active water customers with a projected growth rate of four percent per year. The district purchases its wholesale supply from the Humboldt Bay Municipal Water District (HBMWD). Last year, the district reached out...
In response to the proposed State Budget, CSDA Chief Executive Officer Neil McCormick urged Governor Gavin Newsom to partner with special districts as the Newsom Administration moves to confront the threats California faces. McCormick stated, “Governor Newsom’s budget proposal rightly confronts...
The National Special Districts Coalition (NSDC) has published a special report outlining newly authorized and updated programs included in the Infrastructure Investment and Jobs Act (IIJA) as well as “project idea portal” for assistance in identifying potential funding opportunities. NSDC will...
Last year, a new record was set for the total volume of municipal bond issuance. Over $474 billion in municipal bonds was issued by state and local governments taking advantage of historically low interest rates while making up for lost revenue related to COVID shutdowns. With interest rates...
The devastating fire season of 2020 had an impact on many special districts in California. Beaumont-Cherry Valley Recreation and Park District in Riverside County was no exception. The Apple Fire and El Dorado Fire in nearby San Bernardino County raged in and around their park in Cherry Valley...
The CSDA Finance Corporation recently helped Ladera Recreation District secure a $1.2 million loan to support the much needed renovation of their 65 year-old swimming pool facilities. The district had not utilized a privately placed bank loan before. The CSDAFC consultant team from Brandis...
Most public agencies in California are weathering the storm caused by the impacts of COVID-19, but even as we all adjust to our “new normal,” concerns over rising pension and retiree medical costs continue to remain at the forefront. For many special districts, addressing unfunded pension...