Welcome to the Marin Public Finance Portal
This site is hosted by the Marin Department of Finance in an effort to provide greater access to public financial information for the citizenry of Marin.
Related Finance/Budget Information
We invite governmental agencies throughout Marin to collaborate with the Marin Department of Finance to provide agency specific reporting for this site. Our goal is to create a resource that will be informative and convenient and that will provide greater transparency in local government finance.
(If you a retiree looking for information about pension benefits, visit the Marin County Employees' Retirement Association (MCERA) website. This is the organization which administers public employee pensions for the County of Marin.)
Related Forum / Reform Information
Statewide Pension Reform
The California Legislature passed statewide pension reform on August 31, 2012 – known as The California Public Employees' Pension Reform Act of 2013 (PEPRA). PEPRA was enacted with passage of AB 340 (Furutani) and AB 197 (Buchanan). The Governor signed Assembly Bill 340 September 12 and Assembly Bill 197 September 13, 2012. The new law affects Marin County and most public agencies in the state.
County staff presented an initial, high level pension reform overview to the Board September 11, 2012. Marin County Employees’ Retirement Association (MCERA) staff presented a PowerPoint presentation on pension reform legislation on September 12, 2012 summarizing the main components of the new law to the retirement board.
In December 2012, the Board of Supervisors adopted a policy dedicating new Public Employees' Pension Reform Act (PEPRA) tier normal cost savings over the next five years toward further paying down the County’s unfunded pension liability, which will further increase the County’s funded ratio. See the full staff report on PEPRA.
In December 2011, the Board of Supervisors adopted pension reform guidelines, which had endorsed the Governor’s 12-point pension reform plan. An overview of Marin County government’s system is available in the publication Marin County Government Basic Facts about Pensions.
County Pension Forums and Background Information
Pension Forum (April 3, 2012)
The Marin County Board of Supervisors convened an educational forum on the evening of April 3, 2012 on the topic of sustainable pensions for Marin County government. As the Governor’s plan was debated in the Legislature, the community gathered to develop a shared understanding of the facts that could be agreed upon and also identified key differences in opinion among various audiences in the county.
Information provided at the forum included the following:
Pension Forum (May 16, 2011)
Following is information presented in a public forum in the Board of Supervisors Chambers on Monday, May 16, 2011. This information provided an overview of 1937 Act public pension systems, and specific information relating to the Marin County pension program and related funding issues.
Information provided at the forum included panelist presentations from the following: