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New Fiscal Training Requirements for Local Agency Officials

Effective January 1, 2026, Assembly Bill (AB) 640 and Senate Bill (SB) 827 will require school boards, city councils, county boards of supervisors, and special district governing boards, as well as elected and certain administrative officers of cities, counties, and special districts, to receive mandatory training on budgetary and financial legal matters specific to each type of agency.

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New Federal Tax Credit May Result in Greater Funding for Private Schools

In a victory for school choice advocates, the One Big Beautiful Bill Act (OBBB), signed into law by President Donald Trump on July 4, 2025, introduces a new tax credit available to individual taxpayers who make “qualified contributions” to Scholarship Granting Organizations (SGOs).

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The City of West Sacramento Sets Precedent Utilizing EIFD Bonds to Fund Infrastructure

On July 10, 2025, the City of West Sacramento’s (City) Enhanced Infrastructure Financing District No. 1 (EIFD) became the first enhanced infrastructure financing district in California to issue bonds upon its successful issuance of $57,225,000 of Tax Increment Bonds, Series 2025.

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