Oct. 10, 2014

Issue #95

Editor's Note

For a PDF copy of the newsletter please visit the League's website. For more updates from the League, follow us on Twitter and like us on Facebook.

Register Today for the League’s November Legislative Briefing Webinar

Join the League’s team of legislative representatives on Wednesday, Nov .12 from 2–3:30 p.m. for a webinar updating members on policy developments from the 2013-14 Legislative Session.

Meetings and Events, Legislation

CSCDA/CSCDC Announces $10.5 Million in New Markets Tax Credit Financing for Big Brothers and Big Sisters of Orange County

League-Sponsored Program Finances Building to Help Increase Services to 10,000 Children

The California Statewide Communities Development Corporation (CSCDC) has provided $10.5 million of New Markets Tax Credit (NMTC) allocation to Big Brothers Big Sisters of Orange County to finance the purchase and renovation of a 52,565-square-foot office building in Santa Ana. Founded in 1958, Big Brothers Big Sisters of Orange County serves over 2,500 children in Orange County and the Inland Empire with the support of more than 1,600 volunteers through community and school-based mentoring programs.

Financial Solutions for Cities, Orange County

Local Streets and Roads Assessment Webinar Scheduled for Oct. 23

The results are in and once again the biennial Local Streets and Roads Assessment has concluded that California’s local system remains on the brink of a rapid, downward condition spiral if maintenance funding shortfalls are not addressed.

Public Works, Meetings and Events, Transportation

Session Sneak Peek — League of California Cities’ Municipal Finance Institute

This year’s Municipal Finance Institute, scheduled for Dec. 3-4 in Monterey, will not only provide the traditional session formats, but a dynamic roundtable session as well.

Meetings and Events, Fiscal Officers

Submit Ideas for the 2015 Mayors and Council Members Executive Forum Today

The League of California Cities is excited to announce the return of the Mayors and Council Members Executive Forum.  The 2015 Mayors and Council Members Executive Forum and Advanced Leadership Workshop will be held June 24-26 in Monterey at the Portola Hotel with an agenda geared to supplying California’s mayors and council members with the tools they need to serve their communities.

Mayors and Council Members, Meetings and Events

CalPERS CEO Warns Pension Uncertainty Threatens Public Employees

Writing in the Sacramento Bee on Oct. 9, CalPERS CEO Anne Statusboll makes the case that if pensions are altered under bankruptcy, public employees pay the ultimate price. Ms. Statusboll’s op-ed, “If pensions are cut, the losers are public employees,” addresses the effect of U.S. Bankruptcy Court Judge Christopher Klein’s decision last week in the city of Stockton bankruptcy proceedings. The judge ruled that pensions can be reduced as part of Chapter 9. Ms. Statusboll argues that public pensions are a form of deferred compensation, paid into by both the employee and employer.

Pension Reform

Bill Lockyer Predicts Loss of Chapter 9 Protection for Municipal Agencies

State Treasurer Makes Case at the Bond Buyer Conference in San Diego

State Treasurer Bill Lockyer gave his final keynote address at the California Debt and Investment Advisory Committee on Wednesday in San Diego. The meeting occurred before the start of Bond Buyer’s Public Finance Conference and the treasurer chose the occasion to comment on last week’s ruling by U.S. Bankruptcy Judge Christopher Klein in the city of Stockton mater that CalPERS pensions can be altered through Chapter 9 bankruptcy.

Municipal Finance

U.S. Taking Action to Address Ebola Epidemic, Prevent Domestic Outbreak

On Wednesday, President Barack Obama held a conference call to brief state and local officials on the government response to the Ebola epidemic. Department of Health and Human Services (HHS) Secretary Sylvia M. Burwell, Department of Homeland Security (DHS) Secretary Jeh Johnson, Center for Disease Control and Prevention (CDC) Director Dr. Tom Frieden, and Lisa Monaco, Assistant to the President for Homeland Security and Counterterrorism and Deputy National Security Advisor, also participated. 


California City Solutions: Elk Grove’s Transitional Housing Gets Homeless on New Track

This story is part of an ongoing series featuring Helen Putnam Award entries. The 2014 entries are available on the League’s website as a resource for cities in a searchable database called California City Solutions. Elk Grove’s Grace House was submitted in 2014 for the Housing Programs and Innovations award category.

Helen Putnam, CA City Solutions, Housing
1400 K Street ■ Sacramento, CA 95814 ■ (916) 658-8200
You can unsubscribe here: