Changes in law have made 529 plans 'better now than they've ever been.' Find out more about these potent college savings tools. ScholarShare 529 TIAA cnbc.com/2024/05/15/529…

The State Treasurer's Office gives local agencies the opportunity to invest surplus funds in a major portfolio using the Local Agency Investment Fund and re-invest in the communities they serve, at no additional cost to taxpayers. League of California Cities California Special Districts Association California State Association of Counties®

Carolyn Aboubechara, California Health Facilities Financing Authority Executive Director, recently spoke at State of Reform policy conference. Her panel focused on long-term health care financing and she discussed CHFFA's assistance to nonprofits and hospitals. bit.ly/4awMnzO

Treasurer Fiona Ma, CPA and staff met this week with graduate students from USC Price School to explain the role of the state treasurer and the office's responsibilities. The students were joined by Mary Su, former Mayor of the City of Walnut and USC Program advisor.

UPDATE: Meeting cancelled. Stay tuned for rescheduled date.

ICYMI: Listen to State Treasurer Fiona Ma, CPA on the latest episode of the The Public Money Pod.

NEWS: Treasurer Fiona Ma Awards More Than $620 million in Affordable Housing Tax Credits to Build 1,525 Units. 'These credits help draw in the capital needed to make these projects pencil out & ensure affordable units are built in every part of the state.” bit.ly/4bHLlSv

Support SB 1362! SB 1362 would allow CalABLE to help fund new accounts with $250 in seed money. This would further efforts to improve inclusivity among low-income persons with disabilities and help them get their CalABLE accounts started. #WeAreCalABLE Senator Josh Newman Fiona Ma, CPA

Our latest newsletter features items on 5/29 College Savings Day and Foster Youth Awareness Month, and Treasurer Fiona Ma fields a question about climate action and corporate responsibility. Download the May edition at treasurer.ca.gov/#news-and-info….

Treasurer Fiona Ma, CPA comments on the selection of Scott Chan as CalSTRS Chief Investment Officer:

The STO's CalAccount blue ribbon commission will meet tomorrow, May 16, at 1:30 p.m. The meeting agenda is available at treasurer.ca.gov/cbrc.

STO's HOPE governing board will meet tomorrow, May 16 at 10 a.m. To view the agenda and access the participation link, please see treasurer.ca.gov/hope/meeting.

Treasurer Fiona Ma, CPA Appoints John L. Sheldon as Deputy Treasurer. 'This position requires an experienced financial practitioner with a thorough understanding of municipal finance markets,' said Ma. More here: bit.ly/3wr0EA1

Marina Wiant, Executive Director of California's affordable housing tax credit committee, joined #Roseville civic leaders and the USA Properties team to break ground at Terracina at Winding Creek. Terracina will offer 284 affordable apartment units.

California Debt Limit Allocation Committee and Tax Credit Allocation Committee both meet 5/15. #CDLAC at 1:00PM; #CTCAC at 1:15PM or to follow. Meeting materials: treasurer.ca.gov/cdlac/meeting/… and treasurer.ca.gov/ctcac/meeting.

Destination Barstow! Deputy Treasurers Khaim Morton and Stephanie Tom recently met City of Barstow and business partners to explore STO resources for economic development, small business, and more.

As Public Service Recognition Week comes to a close, we again thank California's public employees for their countless contributions to our state! #CAservingCA #PSRWCA

Treasurer Fiona Ma, CPA comments on California Governor May Revise Budget: “This is a serious plan to address a difficult situation and I commend Governor Newsom for tackling it head on.” More here: treasurer.ca.gov/news/releases/…

May is Bike Month! We're 10th on the Government and Public Services Sac Region leaderboard. The Treasurer’s Office supports more people riding bikes and experiencing the many benefits of bicycling. Find routes, safety tips & #BikeMonthChallenge events at lovetoride.net.

#AAPIAM #PopQuiz Fiona Ma, CPA made history when she was elected the first woman of color and first Certified Public Accountant to her current position of CA State Treasurer. She previously served on what board from 2015-2019?
Answer: State Board of Equalization