Municipal Finance

Overview

Municipal Finance

Courson Arts interior of art gallery.

Palmdale’s latest housing innovation: the Courson Arts Colony

In recent years, the city of Palmdale saw housing costs outpace the area’s income levels, resulting in a shortage of affordable housing in the area. The Courson Arts Colony, the latest component of Palmdale’s city center revitalization and housing innovation, provides affordable housing and incorporates an arts component to serve as a healing element for veterans who may be suffering from PTSD.

City of Sacramento Mayor Darrell Steinberg delivers speech about #ALLINSAC effort.
Article Local Works by Lisa Yarbrough

Sacramento’s Measure U helps maintain critical services and advance equity during pandemic

The City of Sacramento is one of many California cities to put a general sales tax measure on the  ballot to bring in much-needed revenue for local projects. Voter approval to renew or raise local sales tax has given some cities a sustained source of revenue to maintain critical services, invest in local infrastructure, and create additional amenities for the community.

Steve Rogers, Yountville City Manager, Eric Figueroa, Martinez City Manager, and Kim Summers, Murrieta City Manager
Article Features by Jill Oviatt

A fiscal year for the books
Managing city budgets as a deadly pandemic ravages livelihoods and revenues

California cities have been on the front lines for nearly a year taking action to protect their residents and businesses and maintain the delivery of essential city services, despite unplanned expenses and revenue shortfalls brought about by the pandemic. Three California city managers reflect on the past year and how on earth one manages a city budget with so much uncertainty, and so little support from the state and federal governments.

Article Features by Lloyd de Llamas

Adding to the challenge – the increasingly volatile sales tax

The coronavirus recession has eroded city budgets in many ways, leaving many tax revenue streams damaged and lasting impacts on cities that will continue to cut deep in the fiscal year ahead. As local governments grapple with the revenue loss and spending increases associated with the pandemic, it’s important to review the trends and forecasts of the revenue streams upon which a city most heavily relies and adjust accordingly. 

Article Features by Melanie M. Perron

2020 Legislative year in review

Many have called this year “unprecedented,” but even that does not seem to capture the unequaled disruption that 2020 wrought upon us all, the California State Legislature included. The the normal legislative calendar was constricted and fierce debates took place over how to legislate during a pandemic. In the end, the number of bills sent to the Governor’s desk for his signature was a mere fraction of what the Legislature typically passes in a year. 

Article by Rachael Sanders and Charlie Francis

Is Your City Really Prepared for Rising Pension Costs?

By Rachael Sanders and Charlie Francis Revenues are not keeping pace with pension expenses. Learn how your city can prepare for ongoing economic uncertainty.

Article Features by Michael G. Colantuono

What You Need to Know About Municipal Finance
Recent Major Developments in the Law

California’s appellate courts have delivered three very significant decisions involving municipal revenues.

Article Web Exclusive by Tim Cook

Five Ways Cities Can Keep Bond-Financing Obligations Painless

Tim Cook is manager of corporate trust national sales for UMB Bank and can be reached at Timothy.Cook@umb.com.


Your city’s revenue bond offering was successful, the proceeds are with your trustee, and now it’s time to rev up the engines and launch your infrastructure project or new program. Here are five practical tips to ensure smooth sailing in your interactions with your trustee.

Article Executive Director's Message by Carolyn Coleman

A New Day: How the League Has Adapted to COVID-19

Despite the challenges of the pandemic, the League remains a strong organization that continues providing the resources cities need to make informed decisions for their communities

Article Features by Michael More

Money-Saving Tips for Your City’s Supplemental Defined Benefit Plan

A city can save hundreds of thousands of dollars annually by reducing fees on these legacy plans.

Article Legal Notes by Michael Fehner

In California, Some Insurance Policies Age Like Fine Wine

It is a common misconception that old insurance policies are good only for museums and archival research; some old policies are capable of providing substantial coverage even today.

Article Local Works

Affordable Housing: More Than a Mandate in San Marcos
How San Marcos Leveraged Affordable Housing for Smart Growth

In an area that lacked basic infrastructure, two mixed-use affordable housing developments brought improvements including new streets, drainage, and lighting. A complex mix of federal, state, and city funding, matched with private-sector loans, covered the costs.

Article Executive Director's Message by Carolyn Coleman

The Economic Impact of COVID-19 on Essential City Services

California cities are experiencing a $7 billion general revenue shortfall over the next two fiscal years from the sharp downturn in economic activity and additional pandemic related expenses.

Dublin Provides Affordable Housing for Veterans

An innovative public-private-nonprofit partnership transformed a former car dealership site into housing for veterans, comprising 66 units that are 100 percent affordable.

Article Local Works

California Cities Demonstrate Resiliency and Leadership During COVID-19 Crisis

With “safer at home” orders in effect in an attempt to flatten the curve of COVID-19 spread, cities were on the front lines maintaining essential services and working to protect residents who were out of work or lost their job because of the crisis.

Article President’s Message by John F. Dunbar

In an Unprecedented Crisis, Local and State Leaders Step Up

When early reports of infection showed California was among the states with the highest numbers of confirmed COVID-19 cases, local and state leaders stepped up, taking action to slow the spread of the virus and protect vulnerable populations.

Article Local Works by Jill Oviatt

League Launches Initiative Showing City Projects Making a Difference in Their Communities

Collectively, California cities are creating hundreds, if not thousands, of projects each year that improve the lives of residents. While many people often lament that other levels of government do not always seem to work, California cities can show powerfully through #LocalWorks that local government works.

Article President’s Message by John F. Dunbar

New Approaches Build Local Economies

Attracting new businesses, retaining employers, and providing opportunities for a skilled workforce are essential to fostering a healthy economy in our cities. California cities are using diverse approaches, programs, and tools to help support economic development and thriving communities.

Article Features by Maria West

What Cities Need to Know About SB 1383 and Funding Organic Waste Management

Cities should immediately begin planning for and implementing the required organic waste collection and edible food recovery services. This work includes assessing and securing adequate capacity for organics processing and edible food recovery, which can be done individually or in conjunction with counties, other cities and regional agencies.

Article News from the Institute for the Local Government by Nicole Enright

Scrap Your Fears About Food Waste Regulations: Preparing for SB 1383

California cities are preparing to comply with new targets to reduce statewide emissions of short-lived climate pollutants and reduce organic waste in landfills. To help cities with this, the Institute for Local Government is partnering with CalRecycle to raise awareness and connect local governments with resources and expertise.