California Debt and Investment Advisory Commission

2016 Debt Issuance and Public Investment Webinars, Seminars and Conferences

Municipal Debt Essentials
October 26-28, 2016
Lions Gate Hotel - Sacramento (McClellan), CA

This three-day seminar is designed to provide municipal financing principles through lecture, short examples, and classroom interaction. Day 1, Debt Basics, covers the fundamental elements of debt financing, from the core concepts of bond math to the types of debt state and local governments can issue. Day 2, Planning a Bond Sale, is focused on the preparation, planning, and processes involved in issuing municipal debt, including, but not limited to, the development of a written debt policy and plan of finance, structuring debt service payments, managing cost of issuance, and credit analysis. Day 3, Marketing and Pricing a Municipal Bond, covers the concepts and processes involved in accessing the capital markets. The topics include a discussion of the offering document used to sell the bonds and how underwriters and issuers seek to market and price the bond.

15th Annual CDIAC Pre-conference at The Bond Buyer California Public Finance Conference:
The Relationship Between Issuers and Their Consultants in the Post-Dodd-Frank Era
Tuesday, September 20, 2016
JW Marriott-Los Angeles, CA

This pre-conference program examines the changing obligations of market participants as a result of regulatory reform and market practices and how these have affected public agencies. Specific attention will be paid to the roles and obligations of financing team members, the impact of enforcement actions against issuers and public officials, and new and developing rules and regulations.

Municipal Market Disclosure: The Development and Administration of Debt Disclosure Policies
September 8, 2016
City of Irvine Civic Center, Irvine, CA

Since 2010, the United States Securities and Exchange Commission (SEC) has predicated several enforcement actions at least in part on the failure of issuers to maintain sound disclosure policies. In addition, the SEC�s Enforcement Division has repeatedly placed heavy emphasis on issuers maintaining sound disclosure policies. In August 2015, the National Association of Bond Lawyers published guidelines to assist issuers in the development and administration of disclosure policies. This seminar intends to continue that dialogue by providing participants with an understanding of the purpose, structure, and content of disclosure policies, as well as practices that help issuers implement and maintain them. The seminar goes beyond the basis of the CDIAC 2015 webinar release, Disclosure Policies: What Every Issuer Should Know. This seminar qualifies for 7.0 hours of MCLE credit and is considered certifiable by most approving bodies.

Fundamentals of Land-Secured Financing
April 28, 2016
California State Lottery, Sacramento, CA

This seminar will detail the land-secured financing process from district pre-formation through project implementation to on-going administration. Both Mello-Roos Community Facilities District and Assessment District financings will be covered in-depth.

Municipal Market Disclosure: The Development and Administration of Debt Disclosure Policies
April 7, 2016
Franklin Templeton Investments Headquarters, San Mateo, CA

Since 2010, the United States Securities and Exchange Commission (SEC) has predicated several enforcement actions at least in part on the failure of issuers to maintain sound disclosure policies. In addition, the SEC�s Enforcement Division has repeatedly placed heavy emphasis on issuers maintaining sound disclosure policies. In August 2015, the National Association of Bond Lawyers published guidelines to assist issuers in the development and administration of disclosure policies. This seminar intends to continue that dialogue by providing participants with an understanding of the purpose, structure, and content of disclosure policies, as well as practices that help issuers implement and maintain them. The seminar goes beyond the basis of the CDIAC 2015 webinar release, Disclosure Policies: What Every Issuer Should Know. This seminar qualifies for 7.0 hours of MCLE credit and is considered certifiable by most approving bodies.

Advanced Public Funds Investing: The Analytics of Investment Selection and Portfolio Decision-Making
In Collaboration with California Municipal Treasurers Association (CMTA)
January 27-28, 2016
The Mission Inn, Riverside, CA

In the summer of 2015, CDIAC produced a series of webinars called The Public Fund Investment Portfolio. The series provided a thorough examination of the types of instruments that are permitted for local government investment under California Government Code 53601. This two-day seminar is designed to build on the webinar series by providing a more advanced analysis of each instrument’s features and risks in the context of a portfolio structure. The seminar will cover the more advanced concepts underlying sound public portfolio decision-making and include a practicum allowing seminar participants to put concepts into practice through an investment portfolio case-study simulation.