CSAC Bulletin Article

Variety of Public Finance Resources Provided by CDIAC

August 8, 2024

The California Debt and Investment Advisory Commission (CDIAC) recently shared a wide variety of resources for local officials, recently releasing several publications, data sources, and educational opportunities – including on-demand webinars and live in-person events.

CDIAC’s free Debt Issuance and Administration Education Series for Elected Officials (known as “elected”) covers debt financing, marketing, strategies, and risks. The series consists of eight modules offered virtually through the CDIAC Educational Portal, including:

  • Why Do Public Agencies Use Debt Financing | A module covering constitutional powers granted to public agencies and the rationale for using debt financing.
  • What You Need to Know Before Issuing Dept | A module on the link between long-term planning and short-term decision-making.
  • Strategy Drives Structure |A module on debt structuring and taxpayer equity implications.
  • The Use of Debt Policies to Manage Risk | A module on the financial, legal, and political implications and risks of debt financing.
  • It Takes a Team: The Role of External Professionals in a Successful Issuance | A module on the roles and responsibilities of elected officials, financial officers, and external professionals in debt issuance.
  • Marketing and Structuring Strategies for a Win-Win Debt Issuance | A module on strategies for debt marketing and the role of governance practices in that effort.
  • Implications and Documentation of Your Long-Term Debt Commitments | A module covering the policy implications of issuance of long-term debts and the role of elected officials in the issuance.
  • Becoming a Model Borrower | A module on post-issuance responsibilities.

CDIAC was established in 1981 to provide education and technical assistance to local public agencies on debt issuance and public financing. For more information on the program and the resources it provides to local agencies, visit treasurer.ca.gov/cdiac/index.asp.

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