Leadership. Responsibility. Growth. Sustainability.
Program in partnership with the National Association of State Treasurers (NAST) Foundation
Intensive Public-Finance Curriculum Providing Crucial Insight and Cutting-Edge Strategies
The 2019 National Institute of Public Finance (NIPF) includes an intensive public finance curriculum, providing crucial insight into current public finance issues; developing the skills required for the future, free from commercial influence; and sharing ideas, best practices, and cutting-edge strategies.
Participants in each track will complete:
“It is essential in this ever-changing environment that we empower public-finance leaders with the right resources to effectively assess, navigate, and manage the key risk areas facing today’s high-performing public-finance organizations.” – Hon. David Damschen
Sunday, July 14
This session will focus on identifying the organizational goal, ideals of good governance, identifying challenges and issues, and how to navigate these areas. The session academic lead will introduce relevant research. An expert panel will discuss case studies and relevant best practices and challenges.
Treasurers and public finance experts will introduce the agenda for the track and discuss the scope of the municipal marketplace and the pressing current themes that shape the sector. Discussions will focus on significant issues facing public finance, in eluding liquidity, reporting and risk management, the current state of infrastructure policy and its consequences, the growing global influences of ESG, impact investing, and nontraditional investors.
State treasurers will discuss examples of principles and processes followed in key decisions they have made over the last few years. Discussions will include: How do Treasurers and Senior Staff make difficult decisions in light of their governance obligations and fiduciary duties? What does it mean to be a leader making the “right choice”? How do you make the best choice for your situation? Every process should be governed by principles. What are the principles that guide us in the process? What are the processes and principles in each of the practice areas covered by this Track?
Moderated by Gary Mangiofico, Ph.D., Executive Professor of Organizational Theory and Management, Pepperdine University Graziadio Business School
John W. Snow served as the 73rd Secretary of the U.S. Treasury from 2003 to 2006. During his tenure he led the Bush Administration’s economic team and steered the efforts to pass the landmark 2003 tax legislation which significantly lowered individual tax rates as well as taxes on dividends and capital gains.
Monday, July 15
Learn best practices within Portfolio Construction and Risk Sharing with a special focus on liability influence. Specific examples will be shared and discussed.
Learn about best practices associated with the debt management process from inception to execution. The Interactive session will explore ways jurisdictions can improve communication, accountability, sustainability and transparency.
In this session, leaders will discuss how to build cash management/working capital programs and how to balance safety, liquidity and yield when considering short term investments (for any funds with a short-term component, typically referring to general fund, which would likely include cash management related to unclaimed property).
Hear a first-hand discussion between two Chief Investment Officers around good governance implementation of a system built around risk-sharing with beneficiaries. Review various successes and challenges associated with this model.
As a necessary part of forecasting and budgeting, measurement of liabilities in a comprehensive fashion is ever more critical, especially in a world with increasing legacy liabilities and scarcer resources. Participants will learn to build a holistic understanding of liabilities, stress test them and consider policy strategies.
This session will explore how we set standards for and implement consumer education (e.g., financial education and literacy, not necessarily limited to state-run investment plans such as 529, ABLE and Secure Choice). Are there risks in providing consumer education? Are there exemplary strategies for delivery education, perhaps through customer service?
Engage in strategic discussions around what is on the horizon for managing investments. The session will include research and information on key topics that will enable participants to prepare for what may be next.
Participants will learn to create systems and processes to drive accountability and manage risks. A specific focus will be on driving best practices downstream to local governments. The session will use case studies and real experiences to highlight challenges and solutions.
In this session, we will explore if retirement structures/models meeting the needs of stakeholders, trends in public plans (e.g., DB to DC issues), and solutions for private workers (e.g., Secure Choice).
Explore the latest strategies in Sustainable Investing and how successful implementation of these strategies may be achieved in the portfolio.
Explore how emerging technologies and big data are modernizing public finance by improving transparency, easing the burden of disclosure, lowering borrowing costs, and globalizing access to capital. Participants will have the opportunity to engage firms at the forefront of this frontier and explore their experiences.
In this session, we will explore if retirement structures/models meeting the needs of stakeholders, trends in public plans (e.g., DB to DC issues), and solutions for private workers (e.g., Secure Choice).
Tuesday, July 16
Engage in a strategic discussion, focused on Alignment of Interest within the governance models and review unintended consequences that may occur within decision-making and implementation. Topics will include fees and transparency, walkthrough waterfall, and insource vs. outsource.
Explore the landscape of the capital markets structure and current conditions with a special focus on the evolving landscape of participants, mapping sources of federal support and communicating with investors in order to maximize access to capital.
In this session, we will explore how you define “Enterprise Risk” and your agency’s exposure to it (e.g., operational, headline, cyber, litigation risks), the development of strategies for avoidance and mitigation, and office transitions, including changes in elected or appointed officials, as well as changes at senior staff levels.
Explore the key role of benchmarking and importance of monitoring and adjusting this as needed over time. Additionally, this session will focus key components in overall monitoring and performance governance.
Obtain leading legal insight and perspective on the challenging regulatory infrastructure. Key topics include the general regulatory environment, primary regulators and standard setters of international financial markets, the U.S. legal and regulatory environment, tax considerations, and bankruptcy laws. Interactive session will provide a Q & A with regulators on topical concerns.
This session will cover leadership opportunities presented by legal reform and legislative initiatives, including opportunities to be leaders in protecting consumers.
Explore the key role of benchmarking and importance of monitoring and adjusting this as needed over time. Additionally, this session will focus key components in overall monitoring and performance governance.
The panel will explore how infrastructure needs are not only benefitting from but, increasingly, requiring assessment and ongoing reporting of resiliency. Investors will discuss how they incorporate resiliency into their investing process and examples of successful and not-so-successful collaborations in financings.
This session will cover demonstrating leadership in governance and corporate engagement initiatives. Discussions will include partner/vendor selections (e.g., standards for MWDVBE participation), initiatives related to Treasury Management Systems (e.g., banking relationships/products or software solutions for integrated management), and the role economic development plays for Treasury Leadership.
The panel will explore how to finance necessary infrastructure and capture infrastructure investment opportunities globally.
The panel will explore how infrastructure needs are not only benefitting from but, increasingly, requiring assessment and ongoing reporting of resiliency. Investors will discuss how they incorporate resiliency into their investing process and examples of successful and not-so-successful collaborations in financings.
This session will cover demonstrating leadership in governance and corporate engagement initiatives. Discussions will include partner/vendor selections (e.g., standards for MWDVBE participation), initiatives related to Treasury Management Systems (e.g., banking relationships/products or software solutions for integrated management), and the role economic development plays for Treasury Leadership.
Wednesday, July 17
This session will focus on key takeaways and general Q&A; ask the CIO, key governance principles, and advocating and defending best practices. Investor Board members and Academics wrap up the Program by reviewing key points from the overall sessions and discuss key things they are focusing on going forward.
This session will focus on key takeaways and general Q&A. Leading treasurers will moderate a discussion of the key insights and takeaways from the Public Finance and Debt Management track’s sessions and curriculum.
Senior Staff participating in the Track will summarize key takeaways.
Be a part of this unique and impactful program!
Reserve your spot today to join the world’s most respected public finance leaders, and earn your Certificate in Public Treasury Management—the only certificate program designed exclusively for public treasury professionals and those who engage the public sector.
