Treasurer Ma accompanies UC Davis Health Vice Chancellor of Human Health Sciences and CEO David Lubarsky on a tour of the UC Davis Children’s Surgery Center. The center was built and opened in 2018 with funds from the California Health Facilities Financing Authority (CHFFA). The 20,000-square-foot pediatric facility spans two floors and features state-of-the-art technology. It is the first hospital on the West Coast to be verified a Level I Children’s Surgery Center by the American College of Surgeons (ACS).

Dear Friends,

The late Steve Jobs once noted, “Things don’t have to change the world to be important.” He could have been speaking about California’s ambitious tech project known as FI$Cal. This new technology system will not change the world, but it is changing the way California State government operates and tracks trillions of dollars flowing through accounts each year.

A monthly update on key legislation for Treasurer Ma

Note:

With the end of the 2019 legislative session, Top Billing is on legislative recess. Look for news of key legislation for Treasurer Ma to return soon.

Visiting the new UnitedAg Health & Wellness Center in Selma, California. The center serves farm workers and their families. Front row, left to right: UnitedAG Health & Wellness Center Nurse Practitioner Johnny Jimenez, Treasurer Ma, PacificAg Consulting owner and President Thomas Amaro.

Dear Friends,

A core mission of the State Treasurer’s Office is managing the financing of California’s debt. Read about the issuing of bonds and the related activities that take place within the Public Finance Division of my office in "ABCs of the BCAs."

Calendar of recent and upcoming public finance activities and bond sales

December 5

IBank, California State Teachers’ Retirement System (CalSTRS) Headquarters Expansion Lease Revenue Bonds, Series 2019 (Green Bonds-Climate Bond Certified) ($272.6 million)

Proceeds will be used to construct, furnish and equip an expansion to the existing headquarters of CalSTRS in the City of West Sacramento.

January 15-16

California Debt and Investment Advisory Commission – Advanced Public Funds Investing: The Analytics of Portfolio Selection and Decision-Making In Collaboration with California Municipal Treasurers Association

Claremont, California

Details: For more information and to register, visit the Treasurer’s website

Public Finance Division (PFD)

At the core of what the State Treasurer’s Office does day in and day out are the activities of the Public Finance Division (PFD). Everything from the communities in which we live to the national financial markets are affected by what goes on in this important division of the State Treasurer’s Office.

Form W-2 will be arriving in mailboxes soon!

Did you know that if you purchased holiday gifts online and were not charged sales tax, you likely owe the state use tax on the purchase price? Not all remote sellers are required to collect California sales tax, so if the seller didn’t charge you tax, then you, as the consumer, are responsible for paying it. Generally, if the item would have been taxable if purchased from a brick-and-mortar retailer in California, it is subject to use tax.

Meet the people in the State Treasurer’s Office whose public service inspires us and is making a difference.

You might remember Sandra Kent. Sandra was employee of the month in July. In December, she was also named STO Employee of the Year!

Congratulations Sandra!