Los Angeles County Board of Education Minutes 2026-05-19
Board Approves Delinquent Tax Finance Authority Assignment
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Description
The Los Angeles County Board of Education approved Resolution No. 70 authorizing the assignment of delinquent tax receivables to the California Statewide Delinquent Tax Finance Authority. The action secures a 10% premium benefit for three planned financings scheduled in December 2026, 2027, and 2028, and authorizes execution of related documents.
Contract Details
Vendor
CALIFORNIA STATEWIDE DELINQUENT TAX FINANCE AUTHORITY
Agency
Los Angeles County Office of Education, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
Financings scheduled approximately December 15, 2026; December 15, 2027; and December 15, 2028
Renewal Date
2028-12-15
Renewal Info
Resolution covers financings for fiscal years ending June 30, 2026 through 2028, with approximate financing dates of December 15 in 2026, 2027, and 2028.
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