Cerritos College Minutes Regular Board Meeting (Study Session) 2026-06-17
Board Renews Participation in Delinquent Tax Financing Program
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Description
The Cerritos College Board of Trustees approved Resolution No. 26-0617B to continue assigning delinquent tax receivables to the California Statewide Delinquent Tax Finance Authority for fiscal years ending June 30, 2026, 2027, and 2028. This action extends the district’s long-term participation in the statewide delinquent tax financing program that has generated unrestricted revenue in prior years.
Contract Details
Vendor
CALIFORNIA STATEWIDE DELINQUENT TAX FINANCE AUTHORITY
Agency
Cerritos College, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 17, 2026
Contract Term
Fiscal years ending June 30, 2026, 2027, and 2028
Renewal Date
2028-06-30
Renewal Info
Represents a continuation of participation previously authorized in 2002, 2003, 2004, 2007, 2010, 2014, 2017, 2020, and 2023; current resolution covers fiscal years ending 2026, 2027, and 2028.
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