Resources & Articles

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 particular, the California Financing Coordinating Committee (CFCC) is hosting two virtual funding fairs next month to educate public agencies about the currently available funding programs. For complete details, visit the CFCC website . #Revenue #BondsandFinancings

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 in timing of expenditures and receipt of revenues, there are a host of reasons that may leave a special district in need of a way to temporarily fill the funding gap. While long-term financing options, such as bonds and enterprise revenue financings, are typically in the forefront in the world of municipal read more

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 Administrator) is to evaluate the credit profile of investable entities and determine their suitability as counterparties. Simply put, the Credit Team is in a continual, unending battle to stay one step ahead of potential reactions to rating agencies directly and by other market participants. During times read more

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 new state-of-the-art administration and operations facility in Salinas. Over 100 guests, including prominent government officials and representatives from neighboring mosquito districts, were in attendance to celebrate the occasion. The event provided an opportunity for guests to take a tour of the new read more

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 management policies are key to providing clarity and enhancing decision-making related to fiscal health. The absence of sound financial management policy leaves board members, management and staff to rely on assumptions and could result in a free-for-all decision making process. Common financial management policies read more