Oct. 15, 2015
Issue #94

Editor's Note

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Transportation Conference Committee to Hold First Hearings Oct. 16 and 21

The first two hearings of the conference committee of the First Extraordinary Session (Transportation) have been scheduled for Friday, Oct. 16 in Sacramento and Wednesday, Oct. 21 in Ontario.

Transportation, Legislation

CalPERS to Consider Policy to Lower Investment Risk

League Supports Fund Sustainability, Urges CalPERS Board to Consider Challenges for Cities

The CalPERS Board of Administration next week will consider a new funding risk mitigation/investment policy to help reduce risk and volatility in the fund in years in which returns exceed the “discount rate” by 4 percent or more. The discount rate is used to calculate future investment returns, taking into consideration how the current year’s performance will affect the next year.


League Seeks Images of City Council Meetings, Agendas, Council Member Discussions and More for Use in New Brown Act Publication

The League is in the process of updating its publication, Open and Public: A Guide to the Ralph M. Brown Act. In publishing the fifth edition of the most-referred to users guide for open and public meetings, the League is interested in featuring new images from California cities to illustrate the book.

Open Government, Action Item

PACE Funding Approved as Administrator of CSCDA Open PACE Program

California Statewide Communities Development Authority (CSCDA) this year launched its Open PACE platform as a turnkey solution for residential and commercial property owners to finance renewable energy, energy efficiency and water efficiency improvements via a voluntary property assessment placed on a property owners’ property. CSCDA is pleased to announce the addition of PACE Funding to its offering of Open PACE Program administrators. The Open PACE Program now will allow city and county property owners to access CaliforniaFIRST, AllianceNRG and PACE Funding through the adoption of a one-time resolution.        

Financial Solutions for Cities, Grants and Funding

Registration for the 2016 City Managers Department Meeting is Now Open

Deadline to Register is Jan. 4

The League is gearing up for the 2016 City Managers Department Meeting in Indian Wells being held on Feb. 3-5.

Meetings and Events, City Managers
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