This three day program provides a thorough foundation in municipal finance with a focus on urban planning, economic development, and potential funding models.

All sessions will take place at the University of Chicago Gleacher Center in downtown Chicago. 

Day 1


12:15-1:45 p.m. – Course Overview, Introductions, Networking Lunch

Introductory remarks will provide you with an overview of the course, goals, format, and participant backgrounds.

Michael Belsky, Executive Director, Center for Municipal Finance, Harris Public Policy

Lourdes Germán, Director, International & Institute-Wide Initiatives, Lincoln Institute of Land Policy


1:45 – 3:30 p.m. – Session 1: Urban Economics & Growth

The first session will introduce you to the elements of urban economics that drive growth in local governments.

Christopher Berry, William J. and Alicia Townsend Friedman Professor and Academic Director, Center for Municipal Finance, Harris Public Policy


3:30 – 3:45 p.m. ­– BREAK


3:45 – 6:00 p.m. – Session 2: Intergovernmental Fiscal Frameworks, Revenues, and Budgeting

This session will introduce you to the intergovernmental framework of fiscal governance for local governments in the United States.

John E. Anderson, Baird Family Professor of Economics, University of Nebraska – Lincoln


6:00 – 7:00 p.m. – BREAK


7:00 – 9:30 p.m. – Dinner and Keynote Address

 

Day 2


8:00 – 8:30 a.m. – BREAKFAST


8:30 – 10:00 a.m. – Session 3: Capital Budgeting/Accounting and Infrastructure Maintenance

The session will introduce you to how governments plan for and finance infrastructure through capital budgeting.

Ivan Samstein, Vice President and Chief Financial Officer, University of Chicago


10:00- 12:00 p.m. – Session 4: Debt/Municipal Securities

This session will provide an introduction to funding projects using municipal securities.

Lourdes Germán, Director, International & Institute-Wide Initiatives, Lincoln Institute of Land Policy


12:00 – 1:30 p.m. ­– Lunch and Address

The U.S. Municipal Market

Rita McGlaughlin, Chief Education Officer, Municipal Securities Rulemaking Board


1:30 – 3:30 p.m. – Session 5: Land-Based Finance/Land Value Capture

This session will provide an introduction to funding projects using land value capture.

Gerald Korngold, Professor of Law and Director, Center for Real Estate Studies, New York Law School


3:30 – 3:45 p.m. – BREAK


3:45- 5:45 p.m. – Session 6: Public-Private Partnerships

This session will provide an overview of public private partnerships and how they can help fund new projects.

David Narefsky, Partner, Mayer Brown

 

Day 3


7:30 – 8:00 a.m. – BREAKFAST


8:00 – 9:00 a.m. 

Credit Analysis in Cities & Risk Assessment

Michael Belsky, Executive Director, Center for Municipal Finance, Harris Public Policy


9:00 – 10:30 a.m. – Session 7: Cost Benefit Analysis – Across Instruments

This session will introduce you to how a cost benefit analysis of financial instruments can be used in evaluating infrastructure projects.

Kathryn J. Ierulli, Instructor, Harris Public Policy


10:30 – 10:45 a.m. – BREAK


10:45 – 11:15 a.m.  – Session 8: Fiscal Impact Analysis

The session will introduce you to how fiscal impact analysis works, including its benefits and limitations.

Philip R. McKenna, President, Kane, McKenna and Associates, Inc.


11:15 – 12:00 p.m. – LUNCH & GROUP WORK


12:00 – 2:00 p.m. – Reports Outs, Presentation of Certificates, Closing Ceremony, and Final Remarks