New Regs on Debt Reporting Effective April 1
March 23, 2017
The California Debt and Investment Advisory Commission (CDIAC) recently issued new regulations, effective April 1, 2017, which codify existing practices and make other technical changes to provide clarification for the debt issuance community.
It should be noted that these recent actions also include an increase in the issuance fee in order to achieve a balance between CDIAC’s annual revenues and its annual budget appropriation. For more information, CDIAC has released a detailed summary of the new regulations which counties are encouraged to reference.