Review Agenda Item
Meeting Date: 5/11/2022 - 6:00 PM
Category: Reports/Information
Type: Info
Subject: 12.3 Review of the Submittal of Long-Term Debt Related Disclosures and Reports
LCAP (Local Control Accountability Plan) Goal:
Goal 1: All students will receive a high quality education in a safe and welcoming environment with equitable and high expectations, access to technology, and instruction in the California State Standards that prepare them for college and/or career.
Goal 3: Parents, family, and community will be informed, engaged and empowered as partners with Mt. Diablo Unified to support student learning.
Policy:
Enclosure Annual Report FY 2020-21 Mt Diablo USD.

Electronic Municipal Market Access (EMMA) Confirmation All FY 2020-21 Mt Diablo USD.

Mt Diablo USD - FY 2020-21 ADTR Confirmation 2018-1263: 2018 COPS.

Mt Diablo USD - FY 2020-21 ADTR Confirmation 2019-0780:2019 GO Bonds.

Mt Diablo USD - FY 2020-21 ADTR Confirmation 2020-2452: 2020-21 Tax Revenue Anticipation Notes (TRANS).
File Attachment:
Annual Report FY 2020-21 Mt Diablo USD.pdf
Electronic Municipal Market Access (EMMA) Confirmation All FY 2020-21 Mt Diablo USD.pdf
Mt Diablo USD - FY 2020-21 ADTR Confirmation 2018-1263-2018 COPS.pdf
Mt Diablo USD - FY 2020-21 ADTR Confirmation 2019-0780-2019 GO Bonds.pdf
Mt Diablo USD - FY 2020-21 ADTR Confirmation 2020-2452-2020-21 Tax Revenue Anticipation Notes (TRANS).pdf
Summary: Government Code section 8855(k) requires all state and local agencies submit an annual report for any issue of debt for which it has submitted a report of final sale on or after January 21, 2017. The report must be submitted within seven months after the end of the Reporting Period. The annual report must be submitted until the debt is no longer outstanding and all proceeds have been spent.

Also, SEC Rule 15c2-12 requires that the state or local government that issues bonds provide certain information to the Municipal Securities Rulemaking Board (MSRB) about the securities on an ongoing basis. These disclosures are made available to investors and the public on the MSRB’s Electronic Municipal Market Access (EMMA) website.

Although not required by Education Codes or other Federal, State or Local pronouncements, these reports are provided to the Board for continued focus on transparency.
Funding: N/A
Fiscal Impact N/A
Recommendation: These reports are being presented for informational purpose only.
Approvals:
Recommended By:
Signed By:
Isaac Williams - Internal Auditor
Signed By:
Dr. Lisa Gonzales - Chief Business Officer
Signed By:
Dr. Adam Clark - Superintendent