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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

The U.S. Conference of Mayors is conducting a critical affordability survey of the average annual household costs of providing drinking water, sanitary sewers, combined storm and sanitary sewers and flood control systems in our communities. The U.S. Conference of Mayors will be using this information to inform members of Congress on the real costs to cities of operating and maintaining the nation’s critical utility systems. The U.S. Conference of Mayors is currently working with members of Congress on potential legislation, including guidance on the affordability of federal mandates and providing additional funding to communities.

In order to gather this information, cities are being asked to complete a brief survey of the water costs in your community. This survey can be accessed here: https://www.surveymonkey.com/s/watercosts.

Alternatively, a hard copy of the survey (attached) can be completed and emailed to sgv@sgvcog.org. A sample completed survey and sample results are attached. To see if your city has already completed the survey visit the SGVCOG website.

The Southern California Association of Governments (SCAG) has prepared the Draft 2015 Federal Transportation Improvement Program (Draft 2015 FTIP) in compliance with the adopted 2012-2035 Regional Transportation Plan/Sustainable Communities Strategy (2012-2035 RTP/SCS) and all federal and state requirements, including those set forth in the Moving Ahead for Progress in the 21st Century Act (MAP-21) and metropolitan planning regulations. SCAG has also prepared the Draft Amendment No. 2 to the 2012–2035 RTP/SCS to reflect additions or changes to a number of critical transportation projects that are ready to move forward toward the implementation phase.

On June 5, 2014, the SCAG Transportation Committee approved release of the Draft 2015 FTIP and Draft Amendment No. 2 to the 2012–2035 RTP/SCS for a 30-day public review and comment period, which concludes on July 31, 2014. The Draft 2015 FTIP is comprised of transportation projects for the six-county SCAG region: Imperial, Los Angeles, Orange, Riverside, San Bernardino, and Ventura. The Draft 2015 FTIP consists of three (3) volumes: (I) Executive Summary, (II) Technical Appendix, and (III) Project Listing (consistent with the 2012 RTP/SCS). The Technical Appendix includes the federally required conformity analysis for the Draft 2015 FTIP. The Draft Amendment No. 2 to the 2012–2035 RTP/SCS is comprised of transportation project changes for the same six-county region, and consists of a single document containing the changes.

Included in the public review and public hearings of the Draft 2015 FTIP and Draft Amendment No. 2 to the 2012–2035 RTP/SCS are the Federal Program of Projects for Fiscal Years 2015-2020 that are funded with Federal Transit Administration (FTA) Section 5307 funds for all urbanized areas in the SCAG six-county region. This public involvement opportunity meets the public involvement requirements for the Program of Projects. Subsequent to public involvement and adoption, the final 2015 FTIP will function as the final program for the region, unless amended, and a final notice is not published. The projects are listed by each respective county in Volume III of the Draft 2015 FTIP. The applicable urbanized areas are: Camarillo, El Centro–Calexico, Hemet, Indio–Cathedral City, Lancaster–Palmdale, Los Angeles–Long Beach–Anaheim, Mission Viejo–Lake Forest–San Clemente, Murrieta–Temecula–Menifee, Oxnard, Riverside–San Bernardino, Santa Clarita, Simi Valley, Thousand Oaks, Victorville–Hesperia, and Yuma AZ – CA* (*Imperial County Portion).

The Draft 2015 FTIP and Draft Amendment No. 2 to the 2012–2035 RTP/SCS are available for public review on the SCAG website at www.scag.ca.gov/FTIP and www.scagrtp.net. Copies are also available for public review at SCAG’s Los Angeles office and regional offices (Imperial, Orange, Riverside, San Bernardino, and Ventura). Copies of the Draft 2015 FTIP can also be found at public libraries throughout the region (library listing is available on the SCAG website). SCAG’s Regional Council as the agency’s governing board is tentatively scheduled to consider approval of the final 2015 FTIP and Amendment No. 2 to the 2012–2035 RTP/SCS on September 11, 2014.

SCAG will be holding two (2) public hearings regarding the Draft 2015 FTIP and Draft Amendment No. 2 to the 2012–2035 RTP/SCS on the following dates, times and locations:

Thursday, July 10, 2014 at 10 a.m.
SCAG Main Office
818 West 7th Street, 12th Floor, Los Angeles, CA 90017

Thursday, July 24, 2014 at 3 p.m.
SCAG Main Office
818 West 7th Street, 12th Floor, Los Angeles, CA 90017

One may also participate in the public hearings via video conference from SCAG’s regional offices. Please visit our website for the public hearing procedures and video conference locations at http://ftip.scag.ca.gov/Pages/2015/draft.aspx or http://scagrtp.net/

The purpose of the hearings is to receive public input and comments regarding the Draft 2015 FTIP and Draft Amendment No. 2 to the 2012–2035 RTP/SCS, which may be used to facilitate changes where appropriate. SCAG encourages the public and all interested parties to submit written comments and/or written information at the public hearings and no later than the close of the public comment period. Written comments will be accepted until 5:00 PM on July 31, 2014 and may be submitted electronically to gutierre@scag.ca.gov, or by U.S. mail as follows:

Southern California Association of Governments
Attention: Pablo Gutierrez
818 West Seventh Street, 12th Floor
Los Angeles, CA 90017

LOS ANGELES – Several hundred regional leaders, planners and economic experts will gather in Los Angeles on Monday to discuss that alarming trend and what is being done in the areas of education, training, job growth and state policies to address the “new normal.”

View the press release here.

​The latest issue of SCAG's Spotlight E-Newsletter is now available.

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