July 2013 Draft - 2013 ABFM Conference

7/28/2019 July 2013 Draft - 2013 ABFM Conference

http://slidepdf.com/reader/full/july-2013-draft-2013-abfm-conference 1/27

1

2013 ABFM CONFERENCE SCHEDULE

THURSDAY, OCTOBER 3rd

7:30 AM – 5:00 PM Registration…...............Registration Desk, Dupont Foyer, Second Floor

7:30 AM – 9:00 AM Continental Breakfast..................................Dupont Foyer, Second Floor

8:30 AM – 10:00 AM CONCURRENT SESSIONS A

1. State Budgeting and Fiscal Sustainability................................................Georgetown II

Chair/Discussant: Boris Morozov, Louisiana State University

Baseli nes and State Budget Growth

Carolyn Bourdeaux, Georgia State University

Laura McGuffey, Georgia State University

The Impact of Agency Mission on Agency Budget Strategy in State

Governments

Changhwan Mo, Korea Transport InstituteJonathan Justice, University of Delaware

Separate or Uni f ied Budgets: The Case of Georgia Il Hwan Chung, Baruch College, City University of New York

Phuong Nguyen-Hoang, University of Iowa

F iscal Sustainabili ty in the Ameri can States: L earn ing from the Past,

Understanding the Future

Marilyn Marks Rubin, John Jay College, City University of New York

ZBB Redux in Georgia Thomas P. Lauth, The University of Georgia

2. Health and Welfare Spending……………………………….……......................Salon F

Chair: Beverly Bunch, University of Illinois-Springfield

Analysis of the Changing L andscape of Revenues for Anti -Poverty Agencies

Beverly Bunch, University of Illinois, Springfield

Food Safety Policy and Resource Constraints: The Dif fusion of Regulation

Jocelyn M. Johnston, American UniversityRebecca Yurman, American University



2

Demographic Change and Public Expenditur e: The Crowding-I n Ef fects Of

Population Aging On Social Welfare Expenditur e for the Elderly in Japan:

1980-2010

Yimin Chang, University of Kentucky

3.

Paying for Education: The Determinants of the Allocation of Resources to K-12Schools and Post-Secondary Institutions.............................................................Salon G Chair / Discussant: Eugenia F. Toma, University of Kentucky

Ethnic Homogeneity, Group Antagonism, and State F inancial Support for

H igher Education John Foster, Southern Illinois University, Edwardsville

Jacob Fowles, University of Kansas

I dentif ying Poli cy Motivations of Perf ormance Funding Adoption in H igher

Education

Douglas Carr, Oakland UniversityRoger Larocca, Oakland University

Charter School Capital F inance: An Examination of Char ter School Bond

I ssuance and I nterest Costs

Peter Jones, University of Kentucky

Tax-Based Aid Expansion, College Enrol lment, and College Choice

Tatyana Guzman, Cleveland State University

Haeil Jung, Indiana University

Maureen Pirog, Indiana University

4. Changes in Property Tax Law and Tax Delinquencies….................................Salon H

Chair: Sunjoo Kwak, University of Alabama at Birmingham

Discussant: Bo Zhao

Property Tax L imi tations and Residential M obil ity: The Impact of F lori da

Amendment One

Rui Sun, California State University, Dominguez Hills

An Analysis of the I nteraction of Publi c and Pri vate I nvestment on Tax

I ncrement Fi nancing

Bob Bland, University of North Texas & LBJ School, University of Texas at

Austin

Michael Overton, University of North Texas

Learning from Oregon’s Idiosyncratic Assessment Practices about Property

Tax Admin istration in General

Marija Andelkovic Pesic, University of NisFred Thompson, Willamette University



3

Robert Walker, Willamette University

Property Tax Delinquencies and Local Revenue Volatil ity Dur ing the Great

Recession

Olha Krupa, Seattle University

5. Transit Planning and Finance Issues............................................Meeting Room 3017

Chair: Zhirong (Jerry) Zhao, University of Minnesota

Discussant: Michael Brogan, Rider University

Envir onmental Sustainabili ty of L ight Rail Tr ansit in Ur ban Areas

Hazel Marie A. Sarmiento, University of North Carolina at Charlotte

Revolving L oan Systems for Transportati on Projects: The Ohio State

I nfr astructure Bank (SIB) Program

Jay Eungha Ryu, Ohio University

Paying for Roads and Transit : Examining Citi zen Perceptions of Di ff erent

F inancing Options

Juita-Elena (Wie) Yusuf, Old Dominion University

Lenahan O’Connell & Kaitrin Mahar

A National Sur vey of Transit Agencies: F iscal Climate Ef fects

Suzanne Leland, University of North Carolina at CharlotteOlga Smirnova, East Carolina University

10:00 AM – 10:15 AM REFRESHMENT BREAK.............Dupont Foyer, Second Floor

10:15 AM – 11:45 AM CONCURRENT SESSIONS B

1. Pushed to the Brink: Managing Through City Fiscal Crises..................Georgetown II

Chair: Paul Posner

Maryland: Assumption of Local Responsibi li ties

John W. Rohrer, Maryland Department of Legislative Services

Al l I n or Hands Off : the State Role in Local F iscal Cri ses

Frank Shafroth, George Mason University

Rhode I sland: Strong State I nterventi on in D istressed Communi ties

John Simmons, Rhode Island Public Expenditure Council

Presentation ti tle to be determined

David Y. Miller, University of Pittsburgh

I ll inois: No State I ntervention



4

Sarah Wetmore, Illinois Civic Federation

2. International Budgetary Issues……………………………………......................Salon F

Chair: Linda Janet Porras-Mendoza

Controll ing the EMU' s Budgetary F ree Riders: Repair ing the Eur opean Commission' s Fi scal Monitori ng Capacity

James Savage, University of Virginia

Sovereign Wealth Funds in OECD Countr ies

John B Gilmour, College of William & Mary

The Ef fects of F inancial Cr isis under Keynesian Theory in OECD Countries

Ju-Ying Yang, University of Illinois at Chicago

City's Budget, A l ook at the City Council of Nairobi

Obuya Bagaka, Kenya Institute of AdministrationClarence Otieno, Kenyan Government

3. Cutback Management and the Recession……………………….....................Salon G

Chair: Thomas P. Lauth, The University of GeorgiaDiscussant:

An Examination of the Economic Downturn: Changes in State Expenditur es

and L essons Learned

Brian Sigritz, National Association of State Budget Officers (NASBO)

Michael Streepey, National Association of State Budget Officers (NASBO)

The Public Financing of America’s Largest Cities: An Autopsy of City

F inancial Records in the Wake of the Great Recession

Craig L. Johnson, Indiana UniversityCo-authors: Wenli Yan & Justin Ross, Indiana University

Cutback Management and I ncremental ism in L arge American Cities, 1964 to

2006

Jae Young Lim, University of Georgia at Athens

Federal Budgeting for Short-Term F iscal Uncertain ty

Marvin Phaup, George Washington University

Imtiaz Bhatti, George Washington University

State and Local Earmarks: Counterparts of Congressional Earmarks?

Yonghong Wu, University of Illinois at Chicago

Daniel W. Williams, Baruch College-City University of New York

4. The Recession and Property Taxes……………………………….....................Salon H



5

Chair: Craig Maher, Northern Illinois University

Discussant: Rui Sun, California State University, Dominguez Hills

Structural / I nstituti onal Determinants of Variations in H ousehold Property

Tax Burdens and Ef fective Tax Rates Wi thin and Across Local Governments:

The Ef fect of the Great Recession and Beyond John L. Mikesell, Indiana UniversityDaniel R. Mullins, American University

What Happens to Assessment L imits when Property Values Decli ne?

Catherine F. Collins, George Washington Institute of Public Policy

House Prices and Property Tax Revenues: Evidence from Small -Area Estimates

Christopher B. Goodman, Rutgers, The State University of New Jersey

5. Public and Private Sector Pensions…………………….................Meeting Room 3017

Chair: Carol Ebdon, University of Nebraska at Omaha

Market Volatili ty and Risk-Taking Behavior: A Comparative Study of Public

and Pr ivate Sector Def ined Benefi t Pension Plans

Odd Stalebrink, Penn State UniversityVicky Kiosse, University of Exeter

The Pension Benefi t Guarantee Corporation: Public F unds for Private

Pensions

Karen Kunz, West Virginia University

Does Publi c Pension Underf unding Lead to Riskier Asset Al location?

Daniel L. Smith, New York University

Determinants of Publ ic Pension Fund Investment Performance

Jun Peng, University of Arizona

Qiushi Wang, Rutgers University- Newark

The Role of Economic, Fiscal, and F inancial Shocks in the Evoluti on of Publi c

Sector Pension Funding

Robert K. Triest, Federal Reserve Bank of Boston

Bo Zhao, Federal Reserve Bank of Boston

12:00 PM – 1:15 PM POSTER SESSION..................................................Dupont Foyer

Session Judges: Wie Yusuf, Old Dominion University; Boris Morozov, Louisiana

State University; and Whitney Afonso, University of North Carolina

POSTER LISTINGS



6

Tax-Expenditur e L imi tations and Inf rastructure F inance in U.S. Local

Government

Agustin P. Leon-Moreta, Florida State University

Duct Taped Spreadsheets: How Practiti oners Really Do Budget & F inancial

Analysis Kenneth Hunter, City of Rocky Mount, North Carolina

The Dif ferences in State Funding Assistance to School Distr icts in States that

Imposed Binding School Distri ct Tax and Expenditur e Limi tations (TELs) Michael S. Hayes, American University

Publ ic Pension Plans Trends and Features 2000-2009

Rayna L. Stoycheva, University of Miami

State EI TCs and Impacts on Household Savings Levels

Carletta F. Taylor Sims, Indiana University

The Impact of a Spli t-Rate Property Tax on the Housing Market and Tax

Revenue Stabil ity, A Study of the Pennsylvania Exper ience

Cheol Liu, Indiana University

What is the Impact of State Funding and Accountabil ity Poli cies on the

Location of Char ter Schools? Christian Buerger, Maxwell School of Syracuse University

Ef fects of I ntergovernmental Aid and Local Revenue Diversif ication on

Pension L iability Funding Evgenia Gorina, Arizona State University / University of Texas at Dallas

Does F iscal I nformation Disclosure Matter? Costs of Competit ive Bond Sales

Junghack Kim, University of Nebraska at Omaha

Revenue Strategies of US States under Condit ions of Economic and Poli ti cal

Stress: Revenue Di versif ication 1980 to 2011 Seeun Ryu, Arizona State University

Devolution of Budgeting Authority in Thail and

Sirisak Laochankham, University of Missouri

The Web of Performance Budgeting (PB) Evaluation: Ef fectiveness, Discretion,

Accountabil ity, and Transparency Yousueng Han, Indiana University- Bloomington

Rise of the Muni cipal Securi ties in China: A Compari son of M uni cipal Bond

Market in the United States and the People's Republi c of Chi na



7

Zihe Guo, University of Kentucky

1:30 PM – 3:00 PM CONCURRENT SESSIONS C

6. The Fiscal Policy Space of Cities...............................................................Georgetown II

Chair: Michael A. PaganoDiscussant:

The F iscal Policy Space: A Comprehensive Fr amework for City F iscal

Decision-making

Michael A. Pagano, University of Illinois at Chicago

Christopher Hoene, California Budget Project

Yonghong Wu, University of Illinois at Chicago

Locall y Imposed Limi ts: The Rise of the New TEL

Samuel Bassett, University of Illinois at Chicago

Christopher Hoene, California Budget Project

Ef fects of State-Imposed Constraints on Municipal Revenue: The Mediating

Role of Alternative Revenue Sour ces

Shu Wang, University of Illinois at ChicagoMichael A. Pagano, University of Illinois at Chicago

Testing the L inks Between the Consideration and Adoption of F iscal Pol icy

Actions to the State Attribute and to the Local Attribute in “Fiscal Policy

Space” of C ities

Yu Shi, University of Illinois at Chicago

Nisa Yazici Aydemir, University of Illinois at Chicago

7. Local Fiscal Policy and Budget Stabilization.......................................................Salon F

Chair/Discussant: Agustin P. Leon-Moreta, Florida State University

Tax I nstruments and Local Government Budget Stabil ity

Yilin Hou, Syracuse UniversityJason Seligman, The Ohio State University

Budget Stabil ization in M unicipalit ies: Evidence fr om Chicago Subur bs 1997 –

2011

Rebecca Hendrick, University of Illinois at Chicago

F iscal Slack and Local Expendi tur e Stabil ization – West Coast Style

Justin Marlowe, University of Washington

Great Recession and Responses to the Crisis in North Caroli na Counties

Wen Wang, Indiana University-Purdue University Indianapolis



8

8. Adapt & Advance: Understanding the next steps in your public finance practitioner

or academic career (Roundtable)…………………………………......................Salon G

Chair: Kenneth Hunter, City of Rocky Mount, North Carolina

Panel Participants:

Frances Hunter, Nashville Metropolitan Transit Authority (Tennessee)Heather Pulitzer, Office of Management and Budget, City of New York Hyong Yi, Director, Office of Management and Budget Mecklenburg County,

North Carolina

Melissa Merrell, Congressional Budget Office, George Washington University,Past President, AABPA

Sandra Beattie, U.S. Government Accountability Office

9. Empirical Evidence on Tax Policy Reforms........................................................Salon H Chair: Justin M. Ross, Indiana University

Discussant: Whitney Afonso, University of North Carolina at Chapel Hill

Tax Exemptions for Char itable Organi zations: How Are They Capitali zed into

Residential Property Values?

Deborah A. Carroll, University of Georgia

Capital I nput Taxes and Labor Employment: Empir ical Evidence fr om the

Retail Sales Taxation of Manufactur ing Machinery and Equipment

Justin M. Ross, Indiana UniversityJohn L. Mikesell, Indiana University

Confli cting Theories of Democratic Reform: Evidence from State E-Commerce

Tax Reform

Sarah Larson, Indiana University

Behavioral F rameworks of Property Tax Determi nation

Spencer T. Brien, Arizona State University

10. Dimensions of Public Pension Plan Management and Policy........Meeting Room 3017 Chair / Discussant: Justin Marlowe, University of Washington

How Well Does the Risk-F ree Rate Predict the Future Rate of Return on

I nvestments? Impli cations for Publ ic Defined-Benefi t Pension Plans

Kenneth A. Kriz, Wichita State University

Gang Chen, University at Albany-State University of New York

From Defined Benefi t to Defined Contr ibution Plans for Publ ic Employees:

Resul ts and Lessons fr om M ichi gan

Michael Thom, University of Southern California

The Publ ic Pension Problem: A Case Study



9

Carol Ebdon, University of Nebraska at Omaha

Paul Landow, University of Nebraska at Omaha

A Simulation of Defined-Benefi t Pension Plans: What Features are the Most

Important?

Gang Chen, University at Albany-State University of New York David Matkin, University at Albany-State University of New York

The Credit Threat of Publ ic Pension Funding on State Credit Ratings

Yan Xiao, University of Nebraska at Omaha

3:00 PM – 3:15 PM REFRESHMENT BREAK.............Dupont Foyer, Second Floor

******************************************************************************

3:15 PM – 4:45 PM PLENARY................................................West End Ballroom AB

The Impact of the Sequestration on State Budgets

Karen Kunz, West Virginia University

Scott Pattison, NASBO

******************************************************************************

5:00 PM – 7:00 PM RECEPTION......................................................Dupont Ballroom

6:30 PM -- 8:00 PM Public Financial Publications, Inc., Board Meeting.........Hollow Square

---------------------------------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------------



10

FRIDAY, OCTOBER 4th

7:00 AM – 8:30 AM ABFM Executive Committee Meeting........................Conference Room

7:00 AM – 8:30 AM Using Budget Cases in Graduate Courses........................................TBD

7:30 AM – 4:30 PM Registration..................Registration Desk, Dupont Foyer, Second Floor

7:30 AM – 9:00 AM Continental Breakfast...............................Dupont Foyer, Second Floor

8:30 AM – 10:00 AM CONCURRENT SESSIONS D

1. Innovations in Nonprofit Budgeting…………………...........................Georgetown II

Chair: Helisse Levine, Long Island UniversityDiscussant: Beverly Bunch, University of Illinois-Springfield

Borr owing for Good: The Use of Tax-Exempt Debt by Publi c Chariti es Thad Calabrese, New York University

Todd Ely, University of Colorado, Denver

Through the Analyst’s Looking Glass: Nonprofi t I nf luence on Budget

Outcomes

Sarah Beth Gehl, Georgia State University

State of Nonprof it F inance Research: Problems or Opportuni ties?

Alicia Schatteman, Northern Illinois University

Tammy Waymire, Northern Illinois University

“Crowding Out” or “Crowding In” ? -- An Analysis of Pri vate Contributions

and Government Grants in Housing Nonprofi ts

Janey Wang, San Francisco State UniversityJennifer Shea, San Francisco State University

2. GASB, Cost Accounting and Audits………………………...............................Salon G Chair: Michael S. Hayes, American University

Local Managers Perceptions of Recent Changes to Governmental F inancial

Statements

Craig S. Maher, Northern Illinois University

Shannon Sohl, Northern Illinois University

A Tale of Two Bases: The Di f ferent Stories Told By Government-Wide and

Governmental Fund Financial Statements

Dean Michael Mead, Governmental Accounting Standards Board & Rutgers, The

State University of New Jersey



11

Improved Financial Reporting for Other Postemployment Benefi ts by State and

Local Governments

Kevin M. Bronner, University at Albany, The State University of New York

A Decade of Single Audi ts: D if ferential Resul ts from the Publ ic Sector

Tammy R. Waymire, Northern Illinois UniversityThomas Z. Webb, Mississippi State UniversityTimothy D. West, Northern Illinois University

How Pervasive are the Ef fects of Transaction Costs? Analyzing Cost Dr ivers in

Cost Accounting

Zachary Mohr, University of North Carolina-Charlotte

3. State Budget Priorities Following the Recession.................................................Salon G Chair / Discussant: Odd Stalebrink, Penn State University

US Sub-nati onal Governmental Response to the F inancial Cr isis: I mpli cations for the “Equitable Distribution of the Costs and Benefits of Public Services”

Blue Wooldridge, Virginia Commonwealth University

Heidi Jane Smith, International Consultant

Af ter the Fall : Governors and State Budget Priori ties following the Great

Recession

Katherine Willoughby, Georgia State University

Pri ce Tags or Guesstimates? Fiscal Notes in I ll inois

Nancy Hudspeth, University of Illinois, Chicago

“It’s always something” Actions and Reactions to Budget Balancing in

Maryland

Warren Deschenaux, Maryland General AssemblyDavid B. Juppe, Maryland General Assembly

4. State Income Taxes and Tax Credits……………………...................................Salon H Chair: Rui Sun

Discussant: P. Cary Christian, Georgia Southern University

The Effect of Connecticut’s Income Tax Adoption on Residency Decisions

Whitney Afonso, University of North Carolina at Chapel Hill

Cyclical Asymmetry of State Tax Rate Changes

Sunjoo Kwak, University of Alabama at Birmingham

Louisiana Tax Reform Proposal of 2013: Proposed I ncome Tax Repeal and

Sales Tax I ncrease Analysis

Boris Morozov, Louisiana State University



12

L ights, Camera, Action: The Adoption of State Film Tax Credits

David L. Sjoquist, Georgia State UniversityEmefa Sewordor, Georgia State University

5. The Financial Management of Collaboration: Financial Management across

Boundaries………………………………………….......................Meeting Room 3017

Chair / Discussant: Benedict S. Jimenez, Northeastern University

Collaborative F inancial M anagement Practices with in the Department of

Defense Col. Robert Nye, United States Army War College

How Municipal Collaboration Reshapes the Budgeting Process: F ur ther

Evidence fr om I ll inois Publi c Management Networks

Kurt Thurmaier, Northern Illinois UniversityDavid Mitchell, Northern Illinois University

I nterlocal F inance: I denti fying the Transaction Costs of Cooperati on Across

Local Governments in Texas

Simon Andrew, University of North Texas

Jesseca E. Short, University of North Texas

Establi shing Theory for the Financial Management of Governance and

Collaboration

Zachary Mohr, University of North Carolina-Charlotte


******************************************************************************

10:15 AM – 11:45 AM PLENARY................................................West End Ballroom AB

ACCA

******************************************************************************

12:00 PM – 1:15 PM AWARDS LUNCHEON……......................West End Ballroom

Sponsored by XXXXX

PFP Jesse Burkhead Award: Best article published in Public Budgeting & Finance in 2012

Michael Curro Student Paper Award: Best written paper in a class or under facultysupervision



13

S. Kenneth Howard Award: Lifetime achievements by a practitioner in the field of budgeting

and financial management

Aaron Wildavsky Award: Lifetime achievements in the field of budgeting and financial

management

******************************************************************************

1:30 PM – 3:00 PM CONCURRENT SESSIONS E

1. Transportation, Infrastructure Finance, and Public Utility.............Georgetown II

Chair: Wie Yusuf, Old Dominion University

Discussant: Charlotte Kirschner, The Ohio State University

F iscal B rownout: Potential Impacts of Enterpr ise Fund Regulation on Eastern

North Car olina’s “Electricities” Kenneth Hunter, City of Rocky Mount, North Carolina

The Politi cs of Energy Budgeting: Forecasting Severance Taxes amidst

Economic Growth, Envir onmental Sustainabili ty and Market Volatili ty in the

US States

Michael Brogan, Rider University

Charles Tien, City University of New York-Hunter College

Transportation Revenues and Expenditur es in Kentucky: M easur ing Hi stori cal

Suf fi ciency and Defin ing Futur e Scenari os

Bryan Gibson, Kentucky Transportation Center, University of KentuckyCo-Authors: Dwight Denison, Candice Wallace, Doug Kreis

Banking on I nf rastructure: Examining the F iscal Ef fects of State

I nf rastructure Bank (SIB) Loans on Leveraging L ocal Transportation

I nvestment

Can Chen, University of Nebraska at Omaha

From Value I ncrease to Value Capture: The Case of M aple Grove, Minnesota

Zhirong (Jerry) Zhao, University of Minnesota

2. Forecasting Issues and Trends……………………………….........................Salon F

Chair: Jane Beckett-Camarata, Penn State University-Harrisburg

Revenue Forecasting Accur acy

Daniel Williams, Baruch College

Joseph Onochie, Baruch College

An Examinati on of Revenue Forecasting in the 50 States



14

Donald Boyd, Rockefeller Institute of Government

Forecasting Accuracy in Vi rgin ia

James Conant, George Mason University

Using IMPLAN to forecast the fi scal impact of changes John Wong, University of North Texas

3. Improving Child and Welfare Spending……………………........................Salon G

Chair: Sarah Beth Gehl, Georgia State UniversityDiscussant: Katherine Willoughby, Georgia State University

I denti fying Chi ld Care Subsidy Poli cy Precedents and Simulating Costs across

States

Beth Neary, University of Connecticut

Why did State Leaders Change their M inds on the Health Care Law? Dan Wang, Arizona State University

Health Care Spending and Health Outcomes

Michelle Pfister, University of MissouriCharles E. Menifield, University of Missouri

Race to the Bottom? Relative Benefits’ Impact on Welfare E xpenditure

Nakhyeok Choi, Florida International University

4. Winners and Losers in Sales Tax Collections………....................................Salon H

Chair: Whitney Afonso, University of North Carolina at Chapel Hill

Sales Tax Distri bution in Urban and Rural Counties in North Carolina: Who

Wins and Who L oses?

Whitney Afonso, University of North Carolina at Chapel Hill

A Typology of Sales Tax Evaders: Targeting Enforcement to Diverse I ntentions

P. Cary Christian, Georgia Southern University

The Future of Onli ne Sales Taxes

Andrew Wesemann, University of MissouriCharles E. Menifield, University of Missouri

Poli tical Determinants of State Sales Tax Base Erosion

Geoffrey Propheter, The George Washington University

Confusion About General Consumption Taxation in Ameri can Tax Policy:

Avoiding a National Value-Added Tax Whi le Expanding Reli ance on State

Retai l Sales Taxes



15

John L. Mikesell, Indiana University

5. Rainy Day and Fund Balances……………………………...Meeting Room 3017

Chair / Discussant: Thad Calabrese, New York University

Do States Use Rainy Day Funds When i t Pour s? Di saster-Stabil ization F unds

in the Gul f Coast States

Charlotte Kirschner, The Ohio State University

Akheil Singla, The Ohio State University

Unclaimed Property: An Untapped Revenue Source for States?

Darrin Wilson¸ Florida Atlantic University

Gao Liu, Florida Atlantic University

The I nteractive Ef fect of Fund Balance and Revenue Di versity on Local

Government F iscal Sustainabili ty David Wachira, The World Bank

A Spatial Analysis of Florida Local Governments’ Unreserved Fund Balance

Hai (David) Guo, Florida International UniversityWen Wang, Indiana University-Purdue University Indianapolis


3:15 PM – 4:45 PM CONCURRENT SESSIONS F

6. Financing Primary and SecondaryEducation.........................................Georgetown II

Chair / Discussant: Elizabeth S. Overman, University of Central Oklahoma

F inancial I mpli cations of School Choice for Publi c School Systems

James A. Richardson, Louisiana State UniversityRoy L. Heidelberg, Louisiana State University

F iscal Decentr ali zation, Administrative Decentr alization, and Performance

Gaps between Low-Income and Non-Low I ncome Students

Abhisekh Ghosh Moulick, Texas A&M University

Politi cs or Professionali sm? Budgeting for Bil ingual Education

Carla M. Flink, Texas A&M UniversityAngel Luis Molina, Jr., Texas A&M University

Do the Dollars Add Up? The Missing L ink between Capital I nf rastructure

F inance and School District Performance



16

Edward D. Vargas, University of New Mexico

Tima Moldogaziev, University of South Carolina

I nstituti onal Ar rangements for Publ ic Library Funding and Spending

JiHyung Park, University of Nebraska at Omaha

Carol Ebdon, University of Nebraska at OmahaAimee Franklin, University of Oklahoma

7. Forecasting Issues and

Trends………………………………….........................Salon F

Chair: Jane Beckett-Camarata, Penn State University-Harrisburg

A “Dirty” Approach to Efficient Budget Forecasting

Bruce McDonald, III, Indiana University South Bend

State Revenue Forecasting Practices in the Commonwealth of Pennsylvani a

Jane Beckett-Camarata, Penn State University-Harrisburg

The Value of Consensus Forecasting for Producing a Binding Revenue

Baseli ne: An I ndiana Case Study

John L. Mikewell, Indiana UniversityJustin Ross, Indiana University

8. Implications for TELS…………………............................................................Salon

G Chair / Discussant: Rayna L. Stoycheva, University of Miami

Tax-Expenditur e Limitations and Local Government Reorganization in the

United States

Agustin P. Leon-Moreta, Florida State University

Budgetary Constraints and Employee Turnover: The Case of Binding School

Distri ct Tax and Expenditur e L imi tations (TELS)

Michael S. Hayes, American University

Spatial Implications of Tax and Expenditure Limitations

Marvin Ward Jr., DC Office of Revenue Analysis

9. Innovations to Support Local Governments……………………......................Salon

H Chair: Yilin Hou, Syracuse University

Helpfu l Local Sur taxes? F lori da and Disadvantaged Famili es

Bruce McDonald, III, Indiana University South Bend

D. Ryan Miller, Georgia Southern UniversityRobert J. Eger, III, Naval Postgraduate School



17

New Markets Tax Credit (NM TC) in Low-Income Communi ties: A

Comparative Analysis of Economi c Development Outcomes in Georgia and

Ill inois

Deborah A. Carroll, University of Georgia

Jekyung Lee, University of Georgia

Determinants of Local I nf rastructure Investment and i ts Impacts: Examini ng

the Development of Georgia

Ping Zhang, University of GeorgiaYilin Hou, Syracuse University

Capitali zation of Education Quality in Property Value: An Empir ical Study of

Beijing

Qiang Ren, Central University of Finance and Economics

Yilin Hou, Syracuse University

10. Bankruptcy and Decentralization: Are They Really

Connected?.........................................................................................Meeting Room

3017 Chair / Discussant: Alexandru V. Roman, California State University SanBernardino

Emergency Fi nancial M anagers: Delegated Powers, F iscal Effi cacy and Rising

Conflicts

Michael Thom, University of Southern California

Twyla Blackmond Larnell, Loyola University

Bankruptcy Triggers and their Relation to F iscal Solvency: An Examination of

Local Governments in I ll inois

Rebecca M. Hendrick, University of Illinois at ChicagoAndrew W. Crosby, University of Illinois at Chicago

Does Taking Longer to Budget Lead to Better F iscal Condi tions?

Elaine Yi Lu, City University of New York-John Jay College

Bl ind, Broke, and Bedlam? Bankruptcy in Stockton, Vallejo, and San

Bernardino

Jim Comeaux, The Ohio State University

Akheil Singla, The Ohio State University

Charlotte Kirschner, The Ohio State University

How Does F iscal Decentr ali zation Aff ect the F inancial Condi tion of State and

Municipal Governments?

Samuel B. Stone, California State University, Fullerton



18

4:45 PM – 5:30 PM ABFM Annual Members' Meeting................................................Salon F

5:30 PM – 7:30 PM RECEPTION...................................................................Dupont Ballroom



19

SATURDAY, OCTOBER 5th

7:30 AM – 12:00 PM Registration...............Registration Desk, Dupont Foyer, Second Floor

7:30 AM – 9:00 AM Continental Breakfast.................................Dupont Foyer, Second Floor

8:30 AM – 10:00 AM CONCURRENT SESSIONS G

1. Efficiency and Effectiveness in Service Delivery......................................Georgetown II

Chair: Donijo Robbins, Grand Valley State UniversityDiscussant: Kenneth Hunter, City of Rocky Mount, North Carolina

Assessing Best Value Services and Alternative Service Delivery Options –

Trends

Christine Smith, Baker Tilly

Does Service Consoli dation A ffect Municipal Spending: The Case of Wisconsin Municipalities

Craig S. Maher, Northern Illinois University

Katherine Piker, Northern Illinois University

Factors Aff ecting Performance Budgeting: A Discriminant Analysis of Cost

Ef fectiveness in Budgeting for M unicipal Service Delivery

Kenneth A. Klase, University of North Carolina at Greensboro

Consolidation of Local Government F unctions: Cost Savings and Poli cy

Impli cations for the Local Public Service Provision

Olha Krupa, Seattle University

2. The Assignment of Public Service Responsibilities: Examination of the Causes and

Effects of Fiscal Decentralization, Outsourcing, and Local Debt

Management…………………………………………………………………........Salon F

Chair: Thad Calabrese, New York University

Discussant: Jacob Fowles, University of Kansas

F iscal Central ization and State and Local Government Payrol ls: Analysis with

State and County Panel Data from 1977 to 2007

John Foster, Southern Illinois University EdwardsvilleEugenia F. Toma, University of Kentucky

Matthew Howell, Eastern Kentucky University

Unobserved Heterogeneity and Bias in Tests of the Leviathan Hypothesis

Carlos Lopes, Midway College

Local Government Ri sk Assessment: The Ef fect of Government Type on Credit

Rating Decisions



20

Robert A. Greer, University of Georgia

Produce or Buy? An Analysis of Government Outsour cing Decisions fr om the

Transaction Cost and Revenue Volati l ity Perspectives

Zhiwei Zhang, University of Kentucky

3. Financial Risks and Investment Pools……………………………......................Salon G Chair: Kenneth A. Kriz, Wichita State University

Discussant: Discussant: Rebecca M. Hendrick, University of Illinois at Chicago

Analyzing Changes in Asset Concentr ations of LGIPs

Jeongwoo Kim, Sam Houston State University

Managing Financial Risk in the Public Sector: F inancial Wizard/Trail

Blazer/Politician – the Role of the Publi c Sector Risk M anager

Melissa Baur, Grant Thornton

Molly Curl, Grant Thornton

I nvesting Publ ic Funds: Determinants of the Use of Local Government

I nvestment Pools by Municipali ties in Texas

Robert Bland, University of North Texas and Visiting Professor, University of Texas at Austin

Julius Nukpezah, University of North Texas

Debts Designed for Governmental Contractual Obligations: Bor rowing Costs

of Certi fi cate of Obligation in Texas

Wei-Liang Lung, University of North Texas

Simon Andrew, University of North Texas

4. Tax Fairness, Unemployment Trust Funds and Social Security

Reform…………………………………………………………………. ................Salon H Chair: Andrew Wesemann, University of Missouri

Unemployment I nsurance Trust Fund Solvency: An Analysis of Balances and

State Management Practices

Bryan Gibson, University of Kentucky

Are You Paying Your Fair Share?

James M. Hurley, District of Columbia Office of Finance and Resource

Management

Behavioral Changes of Local Governments Under F iscal Constrain ts: Colorado

Case

Jung-Joo Lee, Seoul Women’s University

F iscall y & Moral ly Responsible Social Secur ity (Oasi Payrol l Tax) Reform



21

Brett Bergen, U.S. Navy

5. The Future of Higher Education………………….........................Meeting Room 3017 Chair: James A. Richardson, Louisiana State University

Discussant: Michael S. Hayes, American University

Costs Up/Revenues Down: Trends in H igher Education Finance

Elizabeth S. Overman, University of Central Oklahoma

University Financial Management: Can Publi c Universit ies Control Costs?

Donijo Robbins, Grand Valley State University

Mark Hoffman, Grand Valley State University

Education of Budget Off icers

Edward Anthony Lehan, Independent Consultant

Kinky Aid and Student L oans: Does Tax-Based Aid Af fect Students' Debt? Tatyana Guzman, Cleveland State University


10:15 AM – 11:45 AM CONCURRENT SESSIONS H

1. Roundtable: How Results Teams Allocate Resources in Baltimore’s Outcome

Budgeting System........................................................................................Georgetown II

Chairs: Andrew Kleine, City of Baltimore & Roy Meyers, University of

Maryland-Baltimore County

Panel Participants:

Dan Sparaco, Assistant Deputy Chief of Operations, Mayor’s Office

Michael Pokorny, Department of Housing and Community DevelopmentBeth Strommen, Sustainability Coordinator, Department of Planning

2. Using Transparency to Improve Budgetary Corruption……..........................Salon F

Chair / Discussant: Michael Thom, University of Southern California

The Impact of Public Off i cials’ Corruption on the Size and All ocation of U.S.

State Spending

Cheol Liu, Indiana University

John L. Mikesell, Indiana University

F iscal Federal ism Toward Corruption or Transparency-Empir ical Evidence

fr om the Uni ted States

Jongmin Shon, University of Georgia

Yoon Kyoung Cho, University of Georgia



22

Government, Money, and Fraud

Sawsan A. Abutabanjeh, Old Dominion University

Poli tics, Economics, and Cross-Continental F iscal Transparency: What about

it?

Theodore Arapis, Villanova UniversityVincent Reitano, Villanova University

3. Capital Expenditures During Budgetary Shortfalls…....................................Salon G

Chair: Charlotte Kirschner, The Ohio State University

Unor thodox Capital Project Funding – Cash

Angie Flick, Arizona State University, Management and Budget Supervisor with

Maricopa County

Estimating Net Resources in Capital I mprovement Planni ng

Gerald J. Miller, Arizona State University

The Exploration of Adoption Administrative I nnocations in Capital Budgeting

at the State Level

Natalia Ermasova, Governors State University

Budgets the Comprehensive Management of the Industri al Ci ties

Nedal Salman Al Hammad, Finance and Budgeting Department, RoyalCommission at Yanbu, Kingdom of Saudi Arabia

Dollars for L ives: The Ef fect of Capital Expenditures on Traff ic Fatali ties

Ryan Yeung, State University of New York-BrockportPhuong Nguyen-Hoang, University of Iowa

4. State Budget Issues…………………………………………................................Salon H Chair / Discussant: Carolyn Bourdeaux, Georgia State University

I s State Rebudgeting a Function of Balancing Revenue or E lasticity?

Meagan M. Jordan, Old Dominion University

Wenli Yan, Virginia Commonwealth University

Making a Judgment of Accountabil ity: L imi tations to Analyzing Budgets &

Structural Balance Utilizing State CAFR’s

Melinda James Lopez, Auburn University

State Debt Resour ce Constraints

Robert A. Greer, University of Georgia

Dwight Denison, University of Kentucky



23

Using F inancial Ratios to Assess State F inancial Condi tion: A Reli able

Measur e?

Sarah Arnett, Government Accountability Office

Speaking Truth to Power? Poli cy Advice in the Legislature

John Bartle, University of Nebraska-Omaha

5. The Role of Pay for Success in Public Finance…….......................Meeting Room 3017

Chair: John Grossman, Third Sector Capital Partners

Pay For Success and Social I nnovation F inancing: Role for Department of

Budget and F inancial Management

John Grossman, Third Sector Capital Partners


Edward Dolan, Commissioner of the Department of Youth Services


Lili Elkins/Tom Mckenna, Roca Inc.

1:30 PM – 3:00 PM CONCURRENT SESSIONS I

1. Issues in Local Government.......................................................................Georgetown II Chair: John Foster¸ Southern Illinois University-Edwardsville

Discussant:

Mul ti-Year F iscal Planning and Projections in Local Governments – Status and

Impact

Holly Sun, George Washington University

Joseph Cordes, George Washington University

Unraveling Fiscal Crisis: What Worked and What Didn’t for Local

Governments?

Milena I. Neshkova, Florida International University

Hai (David) Guo, Florida International University

The Budget Process in Selected Town Governments: A Survey and Overview

with Implications for the Field

Robert W. Smith, Kennesaw State University

I nstitut ions and Epistemic Communities: The Impact of City Managers on

F iscal Outcomes

Skip Krueger, University of North Texas

Robert W. Walker, Willamette UniversityAbraham Benavides, University of North Texas



24

Kraiwuth Jaikampan, University of North Texas

Assessing Other Postemployment Benefi t Underfunding for Local Governments

in M ichigan

Traci Taylor, Michigan State University

Eric Scorsone, Michigan State UniversityDavid Schweikhardt, Michigan State University

2. The Strategic Use of Public Bonds………………..............................................Salon F

Chair: John Bartle, University of Nebraska-Omaha

Does Publi c Inf rastructur e Health Af fect State Bond Ratings? Evidence from a

Panel Data Analysis

Can Chen, University of Nebraska at OmahaKenneth Kriz, University of Nebraska at Omaha

The Design and Estimation of a Bi -National Bond to F inance Strategic I nf rastructure along the U.S.-Mexico Border

Harikumar Sankaran, New Mexico State University

Violeta Díaz, New Mexico State University

Salvador Espinosa, San Diego State University

Assessing Municipal Bond Default Probabil iti es

Matthew J. Holian, San Jose State UniversityMarc Joffe, Public Sector Credit Solutions

Bond Repayment Capacity in Developing Coun tr ies

Salvador Espinosa, San Diego State UniversityChristine Martell, University of Colorado Denver

3. Federalism and Devolution……………….……………………….....................Salon G Chair: Marvin Phaup, George Washington University

Assessment of the Intergovernmental Grants in Latin American Sub-National

Governments

Linda Janet Porras-Mendoza, Georgia State University

Persuading Legislators to Give Up their Power of the Purse: a Franco-

American Perspective on Contemporar y Budgeting

Alix Meyer, Sciences Po Lyon

An Empir ical Analysis of the Equali zation Effects of F iscal Tr ansfers on

County-Level F iscal Dispari ties in H enan Province

Li Hui, National University of Singapore



25

Desegregation, F iscal F ederal ism, and the Ef fects on I ntergenerational

I ncome: A Comparative Consideration of Post-Apartheid South A fri ca and the

Segregated American South

Sherman A. Cooper, Georgia State University

Overcoming Pr incipal-Agent Goal D ispar iti es between Congress and the Executive Using Inter-Governmental Transfers

Stuart Kasdin, George Washington University

Federica Iorio, George Washington University

4. Current Trends, Reform and Conundrums in Government Finance...............Salon H

Chair: Daniel Williams, Baruch College

Show Me the Money: L ocal Governments, Nonprof its and Property Tax

Revenues

Helisse Levine, Long Island University

Local Government Bankruptcy: A Reevaluation

Alexandru V. Roman, California State University, San Bernardino

Capital Appreciation Bonds: California’s Latest School Financing Conundrum

David Baker, California State University, San Bernardino

Marc K. Fudge, California State University, San Bernardino

The 2008 Fi scal Cr isis and Administrative Reform in U. S. State Governments

Hua Xu, Auburn University at Montgomery

Jonathan Justice, University of Delaware

5. Performance Budgeting in Local Government: Why

Implement?.........................................................................................Meeting Room 3017

Chair / Discussant: Benjamin Clark, Cleveland State University

Assessing Spending Dispari ty and I ts Causes in Local Publ ic Road:

Perf ormance Measurement f or Publi c Inf rastructure

Arwiphawee Srithongrung, University of Nebraska at Omaha

Smart Cuts? Strategic planning, performance management and f iscal

retrenchment in U.S. cities

Benedict S. Jimenez, Northeastern University

I s the Perf ormance – Budget L ink I ll usive? ---A Case Study of Selected

Governments

Elaine Yi Lu, City University of New York-John Jay College

Perf ormance-Based Budgeting: What Motivates Municipalit ies to Adopt I t?

JiHyung Park, University of Nebraska at Omaha



26

Changsoo Song, University of Nebraska at Omaha

Jooho Lee, University of Nebraska at Omaha


3:15 PM – 4:45 PM CONCURRENT SESSIONS J

1. Municipal Bankruptcies: Cases, Trends, and “Bankruptcy Risk” Pricing....Salon F

Chair: Tima T. Moldogaziev, University of South Carolina

Federal Bankr uptcy Petiti on of Stockton, California

Ashley K. Ames, Indiana University & State of California Legislative Analyst’s

Office

Why Fears about Muni cipal Credit Are Overblown

Daniel Bergstresser, Brandeis International Business School

Randolph B. Cohen, MIT Sloan School of Management

The Demise of Harr isburg, Pennsylvania

Jane Beckett‐Camarata, Penn State University‐Harrisburg

Not A ll Bankruptcies Are Created Equal : Empi ri cal Assessment of the Role of

" Bankruptcy Risk" in Credit Ratings and Yields

Tima T. Moldogaziev, University of South Carolina

Sharon N. Kioko, Syracuse University

W. Bartley Hildreth, Georgia State University

2. Defense Spending During the Recession….........................................................Salon G

Chair: Michael Brogan, Rider University

An Eff ect of Continuing Resolutions: Evidence of Expense Shi f ting in U.S.

Army Contract and Supply Spending

Alexander Jacobs, University of Kentucky

Budgetary Impact of M il itar y Base Closing (or Removal f rom Base Closing

L ists) on Neighboring Municipali ties --Ef fects Duri ng the Great Recession and

its Af termath

Andrew Glassberg, University of Missouri-St. Louis

Emergent Complex Networks: The Financial Web of Defense Department

Weapons Acquisiti on Programs

M. Maureen Brown, University of North Carolina-Charlotte

Robert S. Kravchuk, Indiana University

3. Budgeting Theory………………………………….............................................Salon H

Chair / Discussant: Arwiphawee Srithongrung, University of Nebraska at Omaha



27

Federal R&D Expenditur es: Testing the Punctuated Equi li brium Theory

Benjamin Clark, Cleveland State University

Uncoveri ng the Impact of Strategic Choice in Public F inance: A Meta ‐Analytic Approach Jacob Fowles, University of Kansas

Alfred Ho, University of Kansas

Tao Lang, University of KansasQingwang Guo, Remin University of China

Predicting Punctuations: Explor ing the Causes of Budgetary Change in L ocal

Governments

John Kovari, University of Wisconsin-La Crosse

Mapping the Way Forward in Budgeting Theory

Luke Fowler, Mississippi State UniversityRobert W. Smith, Kennesaw State University

******************************************************************************

******************************************************************************

Join us next year in Grand Rapids, MI! October 2-4, 2014, Amway Grand Plaza

July 2013 Draft - 2013 ABFM Conference

Documents

Transcript of July 2013 Draft - 2013 ABFM Conference