CASBO is pleased to announce that it has partnered with the California School Boards Association (CSBA) to bring you the California School Cash Reserve Program, which has assisted school districts and county offices of education for more than 30 years through every part of the short-term cash management process — from determining their resolution amount to managing proceeds available for cash flow.

The Cash Reserve Program utilizes Tax and Revenue Anticipation Notes (TRANs) to manage and balance temporary cash deficits in advance of the receipt of revenues. With proven expertise, this program can provide you with a plan tailored towards your local education agency.

Program Benefits
• Proven expertise – helping LEAs for more than 30 years
• Assistance from start to finish
• Competitive rates
• Lower costs
• Known by investors
• Statewide scale
• Simplified issuance process
• Dedicated website
• Cash flow projection analysis
• Tailored repayment dates

Utilizing an easy 7-step process, the Cash Reserve Program has no application cost, and there is no obligation to issue after approving the resolution.

To learn more and apply, please visit CSBA’s California Schools Cash Reserve Program web page.

The Cash Reserve Program is a joint partnership between CASBO, CSBA, Dale Scott & Company, Piper Sandler & Co. and Orrick Herrington & Sutcliffe.