The CSAC Finance Corporation has three Board seats coming to the end of their term December 2019. These seats are for a Urban County Supervisor, a County Agency or Department Head, and one Public Members. The CSAC Finance Corporation Board of Directors is appointed by the CSAC Executive Committee and is comprised of 11 prescribed seats. If interested in continuing to serve, incumbent Board members may be reappointed at the end of their term.
The CSAC Finance Corporation is a small-staff organization that strives to provide services to California counties while generating revenue to be granted to CSAC. In FY 17-18, the CSAC Finance Corporation was able to contribute $4.4 million in grants to CSAC. Lines of business include administration and oversight of the California Statewide Communities Development Authority conduit bond issuer program, administration of the CalTRUST investment pool, intellectual property/marketing agreements with Nationwide for deferred compensation services, and Coast2Coast for prescription drug discount cards, as well as new programs that are currently being launched. New programs are also in development.
The CSAC Finance Corporation has always been entrepreneurial in spirit and practice. Ideal board members are engaged, well connected among their peers, willing to help drive and promote our programs, and help propel the organization to the next level. The CSAC Finance Corporation Board meets in person twice a year (April and September) and has monthly board calls.
If you would like to be considered for a seat on the CSAC Finance Corporation Board of Directors, please submit a letter of interest and bio or resume via email to Sendy Young, Executive Assistant by Friday, December 6th. The CSAC Finance Corporation Board will review the letters of interest and then forward nominations to the CSAC Executive Committee. The CSAC Executive Committee will consider the appointments in January.