Financial

featured graphic for DFPI California Department of Financial Protection and Innovation during COVID-19

The California Department of Financial Protection and Innovation (DFPI) announced the formal creation of its inaugural debt collection advisory committee, a seven-member board that will provide critical feedback to the Department as it stands up its debt collection licensing program. The diverse group includes a consumer advocate and representatives from …continue reading

featured graphic for California State Treasurer Fiona Ma during COVID-19

California State Treasurer Fiona Ma announced the completion of a $195.04 million short-term note sale by the California School Finance Authority (CSFA) to assist 16 school districts with short-term financing needs. The notes priced on Wednesday, April 7, 2021 and closed on April 22, 2021. This innovative financing marks the …continue reading

featured graphic for California State Treasurer Fiona Ma during COVID-19

California State Treasurer Fiona Ma announced the results of last Thursday’s competitively bid sale of $633 million of General Obligation (GO) bonds. Separate bids were accepted for $392 million of new money federally taxable GO bonds (Bid Group A) and $181 million of new money federally taxable GO bonds and …continue reading

wallethub

With states gradually reopening but around 100,000 businesses having closed permanently during 2020, WalletHub today released its report on the States With the Most Pandemic-Proof Small Businesses, along with accompanying videos. To identify the states where businesses have the greatest potential to recover, WalletHub compared the 50 states and the …continue reading

featured graphic for California State Treasurer Fiona Ma during COVID-19

California State Treasurer Fiona Ma announced the successful sale of $98.5 million in short-term notes by the California School Finance Authority (CSFA) to assist 62 charter schools with short-term financing needs brought on by State of California deferrals in education funding. The notes priced on Thursday, March 18, 2021 and …continue reading

featured graphic for California State Treasurer Fiona Ma during COVID-19

California State Treasurer Fiona Ma announced the successful closing of $52,995,000 in tax-exempt bonds issued through the California Educational Facilities Authority (CEFA), chaired by Treasurer Ma, for the benefit of Chapman University (Chapman). Chapman will use the bond proceeds to refund its outstanding CEFA Series 2011 bonds and pay costs …continue reading