PARS NEWS
A Strategic Response to Declining Enrollment
As enrollment continues to decline across California, Local Educational Agencies (LEAs) are being asked to make difficult decisions while simultaneously serving students and supporting employees. The 2026-27 State Budget emphasizes this reality with its updated Trailer Bill language built into the $5 billion discretionary block grant. LEAs with declining enrollment, or projected declining enrollment, must now hold a hearing to address […]
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Public Pension Challenges: Section 115 AEPPP Trust’s Role in Risk Mitigation and Strategic Financial Planning
Strategic financial management in local government revolves around the intricate balance of maximizing revenues and judiciously controlling expenses. This delicate equilibrium is crucial for enabling transparent, future-oriented financial planning, providing for resiliency, and ensuring consistent financial resources for improving levels of services provided to citizens. To safeguard this balance, risk mitigation becomes imperative, acting as […]
Public Pension Challenges: The Role of the Section 115 Trust in Risk Mitigation and Strategic Financial Planning
Strategic financial management in local government revolves around the intricate balance of maximizing revenues and judiciously controlling expenses. This delicate equilibrium is crucial for enabling transparent, future-oriented financial planning, providing for resiliency, and ensuring consistent financial resources for improving levels of services provided to citizens. To safeguard this balance, risk mitigation becomes imperative, acting as […]