Copy
Click Here to Visit ABFM Website
View this email in your browser
Sullivan Elected 2016 Vice-Chair

Dr. Bryan Sullivan was elected to serve as the 2016 Vice-Chair of ABFM during recent elections, putting him in position to be Chair of our organization in 2018.

Bryan is the Director of Management Efficiency for the State of Delaware Office of Management and Budget. He is the first practitioner to be elected to the Chair track in ABFM leadership since Dr. Carol Ebdon, who was elected while she was CFO for the City of Omaha, NE.

Bryan has a long history in ABFM service and leadership, including prior terms on the Executive Committee and as the organization's Treasurer. He was elected back to the Executive Committee last year.

Bryan has worked in public budgeting for more than 20 years and holds an MPA and PhD from University of Delaware.

Bryan will service as Chair-Elect and Conference Chair in 2017 before becoming ABFM Chair in 2018, then Immediate Past Chair in 2019.

In addition, three ABFM members were elected to positions on the Executive Committee for terms beginning January 1, 2016, and ending December 31, 2018:

Dr. Benjamin Clark was reelected to the Executive Committee for a second term. Ben is the Executive Director of the Great Lakes Environmental Finance Center and Associate Professor of Public Budgeting and Finance at Cleveland State University. Ben earned his MPA from Syracuse and a PhD from The University of Georgia.

Dr. Sharon Kioko is a new member to the ABFM Executive Committee and has been involved in the organization the past nine years. Formerly an Associate Professor at Syracuse University, she is now an Associate Professor of Public Administration at University of Washington in Seattle.

Peter Van Der Hoek is one of ABFM's most active international members and a past member of the Executive Committee. Retired from Erasmus University in Rotterdam, Netherlands, Peter is Professor of Privatization, Management and Finance at the University of Economics in Bucharest, Romania, and External Examiner at Ternopil National Economic University in Ternopil, Ukraine.

Conference Draft Agenda Available, Join Us October 1st

By Carolyn Bourdeaux and Amber Slyter

Although summer may be coming to a close, the 2015 ABFM conference is starting to heat up. We have a full program of panels covering topics from fiscal health to education finance to pension management to environmental budgeting and finance to nonprofit finance to tax policies. Among all of the wonderful panels planned, there are also two great plenaries and a round table discussion that we would like to highlight.

CLICK HERE TO VIEW THE DRAFT CONFERENCE AGENDA

Thursday afternoon’s plenary is entitled “Income Inequality: Causes, Response, and Fiscal Implications”. Speakers are Len Burman, director of the Urban-Brookings Tax Policy Center, Doug Holtz- Eakin, President of the American Action Forum and former CBO director, and Heather Boushey, Senior Fellow at the Center for American Progress.

Friday morning brings another plenary, “The 40th Anniversary of CBO: A Conversation with Alice Rivlin, Robert Reischauer, and Rudy Penner”.  All three speakers are former directors of the CBO, and bring some significant insight to our current fiscal challenges.

Another highlight of this year’s conference is the Municipal Securities Rulemaking Board Roundtable. Titled “The Past and Future of Municipal Securities: 40th Anniversary of the MSRB”, the speakers will discuss what the MSRB has done and what role it will play in the future. We expect a lively debate. Speakers include Rick A. Fleming, Investor Advocate of the U.S. Securities and Exchange Commission; Lynnette Kelly, Executive Director of the MSRB; Christopher “Kit” Taylor, former MSRB director; and Robert Doty, AGFS Municipal Advisor.

This year’s conference is not one that you will want to miss! Click here to check out the program draft on the ABFM website to see what else is in store for this conference.

Chair's Column: Diffusing from Summertime

By Dr. Robert Kravchuk, 2015 ABFM Chair

Experience in administration reminds us of the ever presence of unexpected challenges. In a blink of an eye, unanticipated events and circumstances transform the world around us, require changes in focus and often force abandoning past strategies and choosing less desirable approaches.
 
These challenges are a constant in life, and in public policy. Whether they reflect unintended consequences in contrast to the best predicted outcomes, or represent roadblocks to future success, or even the ability to "get off the ground," practitioners and academics learn through experience, and study of history, how the outside world is always in flux, and not always amenable to our best intentions.
 
With the arrival of a new academic year, we will once again encounter students of all backgrounds possessing two long-cherished beliefs of the younger body. First, they believe we, the teachers and practicing elders, get "it" wrong. Second, they believe they can solve "it" better.
 
This attitude also presents itself from time to time in arenas outside academia, perhaps none more often than in the festival atmosphere of election campaigns.
 
There is nothing necessarily wrong with forming these initial beliefs. Citizen frustration with the performance of their government, or lack thereof, is understandable, as the desire and passion of those who choose to do something by pursuing responsibilities of elected leadership is welcoming and commendable.
 
We are usually aware of the challenges, expected and unexpected, before students and fellow citizens direct their attention and frustration towards their impact on their own lives. Therefore, instead of dismissing their frustrations, we best need to restore their reliance on reason and factual information, instead of bombast and conjecture, in order to evaluate the realities of given situations.
 
With an election for a new President a year away, and campaigns for the office already in high gear, we need to do our best to respond to citizen concerns over fiscal issues involving their government and the services it oversees and provides. Let's make sure serious, rational consideration of challenges and options is not trumped by false outcomes delivered without substance.
MSRB Considering Municipal Market Data Product for Academic Researchers

Contributed

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) is requesting comment on a proposal to support academic research on municipal market trading practices with the creation of a new historical trade data product for higher education institutions.

The MSRB collects trade data from dealers through its Real-Time Transaction Reporting System (RTRS). Certain RTRS data are disseminated to the public through the Electronic Municipal Market Access (EMMA®) website and made available in a real-time feed on a paid subscription basis. In both dissemination methods, identifying information about dealers involved in transactions is exclusively for regulatory purposes.

Academic researchers have requested access to trade data containing dealer identifiers to gain a better understanding of secondary market trading practices in the municipal securities market, including issues related to intermediation costs, dealer participation and liquidity previously explored in the MSRB’s 2014 study on secondary market trading. The MSRB’s proposal for a historical data product for academics includes anonymous dealer identifiers to assist researchers in distinguishing transactions executed by specific parties, while still protecting their actual identity.

The MSRB is requesting input from researchers, dealers and other market participants about appropriate parameters for this new historical trade data product. Comments should be submitted to the MSRB no later than September 14, 2015. The Financial Industry Regulatory Authority (FINRA) is also soliciting comment on a similar proposal that would apply to other areas of the fixed income market.

Check Out the latest GASB Outlook

Includes...
  • Chairman's overview of issues under consideration for review
  • What you need to know about tax abatement disclosures
  • Agenda of topics for September GASB Meeting
  • Spotlight on Fair Value, and
  • Preview of work on Fiduciary Responsibilities
Click Here to View the Outlook
PA Times requests Articles on Private Delivery of Public Services

Contributed

In the era of declining budgets and shrinking staff, governments have adopted a number of strategies to maintain efficient delivery of services. From outsourcing to public private partnerships (P3) and cooperatives, a range of options have been adopted by public managers.

The October issue of PA TIMES explores Public Services through Private Delivery and the different models used. In addition, PA TIMES will examine the role and use of technology in delivery services. From e-government to the increasing use of mobile applications and programs, how is citizens’ relationship with government changing because of technology.

Among the questions PA TIMES will examine:

  • How are transparency and accountability built into the process?
  • Is private delivery cheaper than public organizations providing that same service?
  • What promotes legitimacy for non-government agencies to provide public services?
  • How do public manager determine when this is the best model?
  • What challenges are associated with private delivery of public services?
  • What role does technology play?

ASPA invites articles that discuss the relationship between private delivery and public services.

Please take a moment to review our submission guidelines before submitting. A few highlights:

  • PA TIMES follows AP format.
  • Articles should be no more than 900 words
  • References and citations are not published.
  • A 25 word author bio and contact email must accompany the submission.

Send your articles for consideration via email to patimes@aspanet.org by Monday, August 24th.

Like
Tweet
Share
Forward to Friend
ABFM is a research section of the American Society for Public Administration

About ABFM
We aim to promote the professional development of budgeting and financial management in the public and non-profit sectors. Embracing both theorectical and operational concerns, ABFM addresses issues in budgeting processes and practice in financial management.


Click here for membership information.
ABFM Board of Directors
 
2015 Chair
Robert Kravchuk
Indiana University

Chair-Elect
2016 Chair

Carolyn Bourdeaux
Georgia State University


Vice Chair
2017 Chair

Dan Smith
New York University


Immediate Past Chair
2014 Chair

Charles Menifield
University of Missouri-Columbia

Secretary & Archivist
Meagan Jordan
Old Dominion University


Treasurer
Deborah Carroll
University of Georgia

Newsletter Editor

Kenneth Hunter
City of Rocky Mount, NC

Executive Committee


2013-2015 Term
Ben Clark, Cleveland State University

John Gilmour, William & Mary
Kenneth Hunter, City of Rocky Mount, NC

2014-2016 Term
Christine Martell, Colorado-Boulder

David Matkin, University of Albana-SUNY
Zhirong "Jerry" Zhao, University of Minnesota

2015-2017 Term
Hai (David) Guo, Florida International University
Olga Smirnova, East Carolina University
Bryan Sullivan, State of Delaware OMB
Career Opportunities
Click Here for Job Postings

Assistant Professor, Cleveland State University

Assistant Professor, Finance, Jackson State University

Financial Analyst, Restricted Funds, Columbia College Chicago

Federal Internship & Position Opportunities

Members with announcements can have them posted for free. Email them to kenneth.hunter@nclgba.org.

Call for Papers

Call for Chapters - Handbook on Sub National Governance (Due 9/1/15)

Western Decision Sciences Institute Annual Meeting (Due 10/1/15)

Forum for Economists International (Due 10/15/15)



 
Contributions for Teaching Database Accepted

Our Teaching Database is once again available online, and we are now accepting submissions for new material we will add to the database over the summer.  This project serves as a collection of teaching materials from graduate level courses related to Public Budgeting and Financial Management. The database will be updated in March.

Items that will be considered include: course syllabi, reading and textbook lists, assignments, student project ideas, lectures, handouts and reading assignments.

Submissions should be made electronically to
Kenneth Hunter, kenneth.hunter@ nclgba.org. The subject of the email should include "ABFM Teaching Database Submission," and the message should include a brief description of the submitted items (attached files).

Open source data sets will also be considered.


Click Here for the Teaching Database
Resources






ABFM's website is made possible by a grant from Public Financial Publications, Inc., a nonprofit corporation & publisher of Public Budgeting & Finance
Copyright © 2015 ABFM Secretariat, All rights reserved.
unsubscribe from this list    update subscription preferences 

Email Marketing Powered by Mailchimp