New California Debt Financing Guide for Public Agencies

Public Finance Alert

The California Debt and Investment Advisory Commission (CDIAC), in partnership with Orrick's Public Finance Group, recently published its California Debt Financing Guide (the "Guide"). The Guide offers an approach to understanding the responsibilities and obligations of issuers and the elected and appointed officials who are ultimately responsible for the use of debt financing by their agency. It also provides a comprehensive discussion of the legal and statutory requirements for debt issuance while employing a framework that supports the deliberative process issuers undertake before, during, and after issuing debt.

The Guide is produced in an interactive, electronic format that can be accessed here.