Helpful resources for
California school and community college district officials.
Educational Bond Videos
Municipal bonds are investments purchased by all types of investors such as “mom and pop” retail, banks, money managers, investment advisors, hedge funds, insurance companies, and even governmental agencies. Municipal bonds are typically sold under one of three sale methodologies: competitive, negotiated and private sales.
Many municipalities had utilized tax-exempt advanced refundings for debt service savings through interest cost reductions and debt restructuring. The loss of this valuable tool is a blow to the many agencies who acted as good stewards of their limited repayment resources. The beneficiaries of these savings ranged from taxpayers to operating budgets to obligors of the debt. While districts may still advance refund bonds, they now have to do so with taxable bonds, and taxable bonds are more expensive than tax-exempt bonds.
The California Debt and Investment Advisory Commission (“CDIAC”) provides education and information related to California municipal bond issuances.
The Coalition for Adequate School Housing (“CASH”) provides education and advocacy for state and local funding of California educational facilities.
The Association of Chief Business Officials (“ACBO”) provides California community college business officials with professional development and updates on issues affecting community colleges.
The California School Boards Association (“CSBA”) provides educational opportunities for board members and administrators and advocates for important educational issues.
The California Association of School Business Officials (“CASBO”) provides professional development and business best practices for California K-12 business officials.
The Bond Buyer is an industry news source for the municipal finance community.
Interest rate benchmark data as provided by Bloomberg, a financial information company.
Electronic Municipal Market Access (“EMMA”) is an information repository for municipal bonds providing security information, official statements and continuing disclosure documents.
Moody’s Investors Service (“Moody’s”) is one of the three major ratings agencies for municipal bonds and provides credit rating analysis and research.
Standard & Poor’s Global Ratings (“S&P”) is one of the three major ratings agencies for municipal bonds and provides credit rating analysis and research.
Fitch Ratings (“Fitch”) is one of the three major ratings agencies for municipal bonds and provides credit rating analysis and research.