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About the Division
Personnel
Statutory responsibilities
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Review and approve proposals for issuance of short-term debt by cities and
counties.
- Review and report on proposals for issuance of refunding debt by cities and
counties.
- Review and report on proposals for issuance of debt by utility districts.
- Review and approve certain investment proposals submitted by cities, counties
and utility districts.
- Review and maintain file of debt information forms submitted by all tax-exempt
entities.
- Review and file performance bonds for county officers, treasurers for municipal
and special school districts, and treasurers for emergency communications
districts.
- Review and approve annual operating budgets for cities, counties and utility
districts having outstanding debt which was approved under parts A, B or C.
- Review, for determination of feasibility, business plans submitted by municipal
electric systems proposing to provide cable television, internet, video programming
or other related services.
- Review, for determination of compliance with guidelines issued by State Funding
Board, proposals by cities, counties, utility districts and public building
authorities to enter into certain contracts or agreements relating to the
issuance of debt. (Swaps, caps, forwards, floors, etc.)
Other division activities
- Assist in the preparation of legislation pertaining to local governments.
- Assist staff of the Industrial Building Finance Committee (Department of Economic and
Community Development) in reviewing documents pertaining to the issuance of
debt by local governments for industrial projects.
- Attend meetings of the Program Loan Committee (Department of Economic and Community
Development) concerning state and federal grants and loans awarded for industrial
development in local governments.
Goals and Objectives
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