Oct. 24, 2014 Issue #100 Editor's NoteFor 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.Cap-and-Trade: League’s One-Stop Guide for Cities Updated
The League of California Cities this week posted seven new program information sheets to its Cap-and-Trade Hot Issues webpage — the state’s only one-stop guidebook for cities seeking to tap this significant source of funding. Enhanced Infrastructure Financing District Bill Analysis Now AvailableGov. Jerry Brown signed League-supported SB 628 (Beall) on Sept. 29, legislation that authorizes the creation of a new government entity called an Enhanced Infrastructure Financing District (EIFD). Local agencies will be able to use this new EIFD law to develop infrastructure funded by tax increment revenue, subject to conditions that are less cumbersome than the requirements of existing, little-used IFD law. The League has prepared a detailed analysis of SB 628 outlining how EIFDs can be created and for what purpose. This analysis is now available on the League’s websiteRevenue and Taxation, Infrastructure Financing Districts, Legislation
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