Feb. 15, 2013 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.
Proposition 1A Loan Repayment This JuneThe $1.9 billion Proposition 1A Suspension Loan of 2009 is due to be repaid this year. Prop.1A (2004) requires that the amounts be repaid within three years (specified in subsequent legislation as by June 13, 2013) with interest (stipulated by the Director of Finance at 2 percent). Many agencies participated in a securitization program which the legislation authorized. Key words: Revenue and Taxation, Municipal Finance
California Air Resources Board to Hold Public Workshops on Cap-and-Trade ProceedsThe California Air Resources Board (CARB) is hosting three public workshops (http://www.arb.ca.gov/cc/capandtrade/auctionproceeds/auctionproceeds.htm) throughout the state to solicit input on the development of an investment plan for Cap-and-Trade auction proceeds. Key words: Environmental Quality, Cap and Trade, Meetings and Events
Green California Leadership AwardsNominations Due March 8Cities with sustainability accomplishments should consider applying for the Green California Leadership Awards. Key words: Environmental Quality, Meetings and Events
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