Legislative, Judicial, and Executive
0965 Industrial Dvlmt Financing Advisory Comm

The California Industrial Development Financing Advisory Commission (CIDFAC) creates employment opportunities and supports local economic development by approving local entities' issuance of Industrial Development Bonds (IDBs). The IDBs provide manufacturers with a low-cost financing option to build, expand, or equip their facilities in California. CIDFAC independently reviews IDB applications to ensure compliance with federal tax law and state statutes and regulations and approves the sale of IDBs by local authorities. More.....


EXPENDITURES Back to Top
The following table presents total enacted fiscal year positions and expenditures. These expenditures include all funding sources that support the state department's programs.
Expenditures Enacted
2014-15*
Positions
Dollars
Totals, Positions and Expenditures (excluding Infrastructure)
1.0
$40
    Infrastructure
-
-
Totals, Positions and All Expenditures
1.0
$40

DETAILED EXPENDITURES BY STATE FUNDS Back to Top
The following table presents enacted state fund expenditure amounts for the fiscal year by General Fund, special funds, and selected bond funds.
Expenditures Enacted
2014-15*
General Fund
$-
Special Funds
40
Selected Bond Funds
-
Totals, State Funds
$40