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      Demystifying legacy costs associated with City and Special District reorganizations (Costa Mesa) in Costa Mesa


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      January 13, 2020

      Monday  10:00 AM

      3160 Airway Avenue , Eddie Martin Building
      Costa Mesa, California

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      Demystifying legacy costs associated with City and Special District reorganizations (Costa Mesa)

      ABOUT THIS COURSE This course covers the complex topic of legacy costs including CalPERS, OPEB, leave accrual payouts, claims liabilities and other known obligations. Analysis of these costs is instructive to determine potential impact on the financial capacity of the successor agency and tax payers, as well as informing conditions of approval for LAFCos. Estimating these costs and the length of time to amortize them is crucial to decisions by a city, district, LAFCo, JPA Board and third parties such as CalPERS. This expert panel will share lessons learned from the perspective of LAFCo and special district practitioners, the mechanics and ramifications of amendment or termination of CalPERS contracts, amortizing unfunded liabilities and application of LAFCo terms and conditions related to legacy costs from legal and state perspectives. EXPERIENCED-KNOWLEDGEABLE INSTRUCTORS Panelists: Cheryl Clary, Executive Director of Finance & Administration, Irvine Ranch Water District Michael Colantuono, Partner, Colantuono, Highsmith & Whatley, LLC Renee Ostrander, DivisionChief, Employer Account Management, CalPERS Kathleen Rollings-McDonald, Rollings McDonald Consulting Registration includes includes course materials and lunch. 4.75 AICP CM credits Space is limited to 40 participants. Deadline to register is  Please register early. Curriculum Questions Martha Poyatos, Executive Officer, San Mateo LAFCo and Deputy EO, CALAFCO  650-363-4224 mpoyatos@smcgov.org

      Categories: Business & Networking

      Event details may change at any time, always check with the event organizer when planning to attend this event or purchase tickets.