i.5.2.2 Marks- and Mello-Roos Bonds

Local agencies issuing bonds using the authority of the Marks-Roos Local Bond Pooling Act (California Government Code Section 6584 et seq.) or the Mello-Roos Community Facilities Act of 1982 (California Government Code Section 53313 et seq.) must submit to CDIAC an annual report on the debt they have issued. These reports capture, among other points of data, the outstanding principal balance on the debt and the amount of funds in their reserve accounts.