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The California Debt and Investment Advisory Commission has planned a series of public finance educational opportunities for public officials aimed at improving transparency in the municipal markets.

Seminar - Tools and Strategies for Today’s Public Investment Portfolio Manager
March 12-13, 2014 | Hilton Concord, Concord, CA

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.

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.

Seminar - Fundamentals of Land-Secured Financing
April 25, 2014 | San Diego, CA
Registration and Details Coming Soon

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.

To register and for more information visit www.treasurer.ca.gov/cdiac/seminars.asp

On April 19, 2016, the Federal Transit Administration announced the grant awards for the Low and No-Emission Vehicle Deployment Program, known as Low-No. Seven transit providers in five states will receive a share of $22.5 million toward transit buses and related facilities that utilize battery-electric, fuel cell, and other innovative technologies to reduce harmful greenhouse gas emissions and improve operating efficiency. With SCAG as the Lead Applicant, Foothill Transit and the Los Angeles County Transportation Metropolitan Authority (Metro) have been selected for awards. A total of $5,585,000 will be awarded for the SCAG region, which is the largest amount awarded to the SCAG region for the second consecutive cycle in a row and over 25% of the total national funding amount. Please find details of the awarded projects below along with a link for the full list below.

  • Metro - The Los Angeles County Metropolitan Transportation Authority (LACMTA) will receive $4,275,000 toward five battery-electric zero-emission buses, as well as eight charging stations. This electric bus infrastructure will serve the Metro Orange Line bus rapid transit corridor in the City of Los Angeles. LACMTA will also partner with the Southern California Regional Transit Training Consortium to include workforce development in support of zero-emission technology.
  • Foothill Transit - Foothill Transit will receive $1,310,000 toward electric charging facilities that will support the agency's ongoing electric bus program, which includes an electric-only bus line. This program will help expand Foothill Transit's electric bus capabilities.

The program is a highly competitive national grant program that receives numerous proposal requests that go far beyond the available amount of funding. The program focuses on commercializing the cleanest and most energy-efficient U.S.-made transit buses to help reduce emissions such as carbon dioxide and carbon monoxide. The FAST Act also made the Low-No program, previously funded and managed under FTA’s research programs, a subset of the larger competitive Section 5339 bus program. Interested parties currently have the opportunity to apply for $55 million in FY2016 Low-No funding, for which the application period closes on May 13, 2016.

Click to view FY15 LoNo Selected Projects

Click to view Press Release

On Thursday, April 7, the governing body of the Southern California Association of Governments (SCAG) formally adopted its 2016-2040 Regional Transportation Plan/Sustainable Communities Strategy (2016 RTP/SCS), a long-range visioning plan that balances future mobility and housing needs with economic, environmental and public health goals for the six-county region over the next quarter century. For more details, read the press release.

SCAG's Orange County office has recently moved within the Orange County Transportation Authority’s headquarters in the City of Orange. The office has moved from the 9th floor to the 12th floor. All phone numbers and extensions for the Orange County office remain the same, but the new mailing address is 600 S. Main St., Suite 1233, Orange, CA 92868.

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