August 18, 2014
WEBINAR – PRINCIPLES AND PRACTICES OF DEBT MANAGEMENT: EMPLOYING A DEBT POLICY
OCTOBER 22, 2014 | 10:00 AM TO 11:45 AM PT | COST: FREE
A debt management policy can assist a public agency to make decisions as well as support its efforts to identify conflicts, inconsistencies, and gaps in the agency’s approach to project finance and debt management. Policies are also instrumental in setting a proper balance between limits on the use of debt financing and providing sufficient flexibility to respond to unforeseen circumstances and opportunities. This webinar addresses the importance of establishing a debt policy and highlights best practices for developing and maintaining a debt management policy. MORE REGISTER
July 2, 2014
Although municipal bonds are a mainstay of public finance, understanding their economic value requires specialized knowledge and expertise. The vocabulary, financial concepts and calculations, and market incentives may be unfamiliar, if not entirely new, to public agency officials. This two-part, intermediate level webinar focuses on the mathematical concepts and calculations underlying bond pricing and structure. In preparation, it is highly recommended that you review CDIAC’s Bond Math webinars presented in 2011 (information found through register link below) prior to participating in this webinar series.
April 15, 2014
April 28, 2014 from 10 AM – 11 AM Pacific
On March 10, 2014, the Securities and Exchange Commission (SEC) announced a new cooperative enforcement initiative designed to encourage any issuers and underwriters of municipal securities to self-report certain violations of the federal securities laws. Continue reading
Seminar – Fundamentals of Land-Secured Financing
April 25, 2014 | Caltrans District 11 Training Center, San Diego, CA
This one-day workshop is specifically designed for local government officials and their interested staff on Mello-Roos bonds and assessment district financing. Community Facilities District Financing (CFDs) remain a statewide financing tool. Speakers will highlight discussions of the basic structures, formation considerations, process and implementation of land-based financing techniques.
Some of the topics covered include:
- Basic Structure of Assessment and Community Facilities Districts
- Pre-Formation Considerations
- District Formation Process and Project Implementation
- Bond Issuance
- Administration of Liens and Bonds
Registration and further details are available via our website at http://www.treasurer.ca.gov/cdiac/seminars.asp if you wish to participate.
February 19, 2014
The California Debt and Investment Advisory Commission (CDIAC) provides continuing education to public agencies on the topics of municipal finance and public investments. As the world of finance becomes more complex with changes through reform and more enforcement actions by the Securities and Exchange Commission, it is more imperative that local officials including accounting staff become well-equipped with knowledge of public finance and the importance of transparency in the market.
TOOLS AND STRATEGIES FOR TODAY’S PUBLIC INVESTMENT PORTFOLIO MANAGER
MARCH 12-13, 2014 | CONCORD, CA
COST: PUBLIC OFFICIALS $225 | PRIVATE OFFICIALS $325
This seminar provides public agency investment officers and other public officials with an introduction to the concepts, tools, and strategies necessary to manage and oversee public investment portfolios. Panelists will address the components of portfolio management, including establishing policy objectives, managing cash flow, understanding permitted investments, assessing and mitigating risk, and structuring portfolios. MORE REGISTER
MUNICIPAL MARKET DISCLOSURE: CURRENT TOPICS AND PRACTICES
MARCH 18-19, 2014 | POMONA, CA
COST: PUBLIC OFFICIALS $175 | PRIVATE OFFICIALS $275
Both the Securities and Exchange Commission and the Government Accountability Office noted in their evaluation of the municipal market the need to improve market transparency through better disclosure. Efforts to do so, however, have stirred as much controversy as they have resulted in improved practices. This one and a half day program is devoted to a discussion of where we are and how much further we have to go. Day One of this seminar will focus on the current rules and proposed reform initiatives for primary and secondary disclosure practices by public agencies. Day Two will focus on recommended disclosure practices for direct loans and general obligation debt. MORE REGISTER
FUNDAMENTALS OF LAND-SECURED FINANCING: CURRENT TOPICS AND PRACTICES
APRIL 25, 2014 | SAN DIEGO, CA
COST: PUBLIC OFFICIALS $150 | PRIVATE OFFICIALS $250
This seminar will detail the land-secured financing process from district pre-formation through project implementation to on-going administration. Both Mello-Roos Community Facilities District and Assessment District financings will be covered in-depth. MORE REGISTER
January 2, 2014
Seminar – Municipal Market Disclosure: Current Topics and Practices
March 18-19, 2014 | Sheraton Fairplex Hotel & Conference Center, Pomona, CA
Both the Securities and Exchange Commission and the Government Accounting Office noted in their evaluation of the municipal market the need to improve market transparency through better disclosure. Efforts to do so, however, have stirred as much controversy as they have resulted in improved practices. This one and a half day program is devoted to a discussion of where we are and how much further we have to go. Day One of this seminar will focus on the current rules and proposed reform initiatives for primary and secondary disclosure practices by public agencies. Day Two will focus on recommended disclosure practices for direct loans and general obligation debt. Further information can now be found at http://www.treasurer.ca.gov/cdiac/seminars.asp.