About CalMuni PFA
Formed by public agencies. Governed in public.
CalMuni PFA is a California joint exercise of powers authority. We issue tax-exempt and taxable conduit financing on behalf of public agencies and qualified public-benefit projects, under the open-meeting, disclosure, and accountability standards that govern any public institution.
Who We Are
A government-to-government authority, accountable in public.
The California Municipal Public Financing Authority (CalMuni PFA) was formed under the Joint Exercise of Powers Act (Government Code section 6500 and following) to give California public agencies a credible, governance-aligned path to the tax-exempt market. As a conduit issuer, the Authority issues bonds on behalf of member agencies and qualified borrowers; the borrower is responsible for repayment, and the Authority's bonds are limited obligations that create no liability for the taxpayers of any member or for the State.
What distinguishes a public finance authority from a private financing shop is accountability. The Authority is governed by a Board of Directors that meets in public and posts its agendas in advance, on this page.
The Authority holds no general fund and levies no tax. Its work is government serving government: lowering the cost and complexity of public financing while keeping the project, the policy decisions, and the local control with the agency it serves.
Governance
Board of Directors
The Authority is governed by a Board of Directors that meets in public and holds fiduciary responsibility for its financings, policies, and finances.
Douglas Dunford
City Manager
Douglas Dunford is the City Manager of the City of Ceres, where he oversees eleven departments and an operating budget of roughly $101 million. Across more than a decade as a California city manager (including at California City and Gustine) he has led municipal operations spanning public safety, public works, utilities, community development, and finance, guiding capital projects, annexations, and economic development. He began his public-service career in law enforcement, serving as Chief of Police in Gustine. His command of the full range of city services grounds the board in the operational realities its member agencies face.
Isaac Moreno
Finance Director
Isaac Moreno is the Finance Director for the City of Turlock. Previously, as Assistant City Manager for the City of Selma, he implemented financial policies and controls to address pension and reserve challenges. He brings sixteen years of supervisory and managerial accounting experience to the board and holds a Master of Business Administration from the University of Phoenix. His focus on financial policy and long-term fiscal stability reflects the discipline the Authority brings to public financing.
Jeffrey Meyer
Director of Administrative Services (Retired)
Jeffrey Meyer is a retired public finance executive with more than twenty-five years of experience across California cities, counties, and special districts. As Director of Administrative Services at Calaveras County Water District he managed the district's budget, investments, debt, and utility rates; earlier, as a Senior Vice President at Hilltop Securities, he served as senior banker to local governments on new-money and refunding transactions. Over his career he has led more than $50 million in municipal debt financings, formed a joint powers authority to finance water infrastructure, refinanced CalPERS UAL pension obligations, and led Proposition 218 rate and special-assessment financings. He has held SIE, Series 52, and Series 63 licenses.
Mark Bingham
Fire Chief
Mark Bingham is the Fire Chief of the Boulder Creek Fire Protection District, where he has served the San Lorenzo Valley for nearly thirty years, rising through every rank of the fire service. He serves on committees and joint powers authorities of the Santa Cruz County Fire Chiefs Association (spanning training, workers' compensation, EMS, and regional 911) and is a trained rescue specialist with FEMA California Task Force 3. Reporting to a five-member district board, he has guided apparatus acquisition and fiscally disciplined operations. His perspective anchors the board in the needs of the special districts and public-safety agencies the Authority serves.
Matthew Belasco
Director of Maintenance, Operations & Transportation
Matthew Belasco is the Director of Maintenance, Operations, and Transportation for the Pittsburg Unified School District, overseeing facilities, safety, custodial services, and transportation for 11,000 students. He is leading the district's transition toward Net Zero Energy and Waste operations (implementing energy-management policies and modernizing the fleet with propane and zero-emission electric school buses) and brings more than twenty-five years of leadership in school district operations, including nationally recognized work in child nutrition. His experience connects directly to the Authority's school-infrastructure and clean-energy programs.
The Board of Directors is the Authority's governing body; directors serve in a public, fiduciary capacity. Officer designations are set by the Board and recorded in the minutes of the meeting at which they are made.
Authority staff are listed on the Team page.
Board Meetings
Agendas and notices.
Board meetings are open to the public under the Ralph M. Brown Act (Gov. Code §54950 et seq.). Any member of the public may attend and address the Board on any agenda item or on matters within the Authority's jurisdiction.
Regular Meeting Agendas
Agendas for regular meetings are posted here and at the meeting location at least 72 hours before the meeting.
No regular meeting agenda is posted at this time.
Special Meeting Notices
Notices of special meetings are posted here and at the meeting location at least 24 hours before the meeting.
No special meeting is noticed at this time.
Questions about the Authority or a potential financing?
Reach the Authority about board meetings, membership, or a preliminary financing discussion.