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Cost Management Strategies in Focus as Payment Volatility Remains By Mike Meyer, Vice President, NHA Advisors This article is a brief excerpt. The full article can be found here: https://nhaadvisors.com/calpers-beats-target/ . The 4-page PDF can be downloaded from this link. In July...
By Jillian L. Christiansen, Kutak Rock LLP Special districts in California are authorized by various state statutes to issue tax-exempt bonds [1] to finance certain governmental projects. This means the interest paid on the tax-exempt bonds to the bondholders will be excludable from...
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...
By Jennifer Bradlee, Best Best & Krieger LLP Of Counsel No public agency is exempt from the occasional need to manage cash flow issues, including special districts. With the recent California fires, continual water supply problems, looming capital project schedules, and even the mismatch...
By Taylor Budrow, CFA® - Senior Credit Analyst at Public Trust Advisors, LLC This article first appeared in California Special Districts magazine, July/August issue. The primary role of the Public Trust Advisors Credit Team (Credit Team) ( California CLASS Investment Advisor and...
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...
This article first appeared in California Special Districts Magazine, March-April issue, Money Matters section. By Ian Berg, Eide Bailly Special District Advisory Services The foundation of a successful government district is embedded in guiding policies. In particular, financial...
This article was originally published in California Special Districts Magazine , January-February 2023 issue. In June 2022, the San Miguel Consolidated Fire Protection District closed a $25.9 million lease financing with First Foundation Bank at an interest rate of 3.99%. The proceeds...
By Ian Berg, CPA, Special Districts Consulting Senior Manager It’s no secret that many pension plans are underfunded by government agencies throughout California. With fewer assets than liabilities, these underfunded pension plans are not projected to have enough money to pay out...
Co-authored by Sara Mares, Director, NBS; and Rick Brandis, Managing Director, Oppenheimer & Co. Inc. The Community Facilities District (CFD) may be the most flexible funding and financing tool available to California’s local governmental agencies. This flexibility is demonstrated by...