2013 ABFM Conference Agenda Book

25th

Annual

Conference

Scan Here for Agenda App

October

3rd-5th,

2013

Washington Marriott

Or visit http://app.abfm.org

The Association for Budgeting & Financial Management expresses its

great appreciation to the following sponsors of our 2013 Conference

Diamond Tier

Sapphire Tier

Platinum Tier

Silver Tier

Maxine Goodman Levin College of Urban Affairs,

Cleveland State University University of Connecticut Department of Public Policy

Rutgers University-Newark,

School of Public Affairs & Administration

Old Dominion University,

Department of Urban Studies & Public Administration

George Washington University,

Trachtenberg School of Public Policy & Public Administration

University of Nebraska at Omaha,

School of Public Administration

University of Colorado Denver, School of Public Affairs Arizona State University, School of Public Affairs

University of Illinois at Chicago,

Department of Public Administration

University at Albany-SUNY,

Rockefeller College of Public Affairs & Policy

Wichita State University,

Hugo Wall School of Urban & Public Affairs

Georgia State University,

Department of Public Management & Policy

Kansas University, School of Public Affairs & Administration Evans School, University of Washington

Bronze Tier

University of North Carolina

School of Government Dr. Charles Menifield Dr. James Savage

Public Financial Publications, Inc.

Gold Tier

The Association for Budgeting and Financial Management (ABFM) is a section of the American Society for Public Administration (ASPA).

ABFM aims to promote the professional development of budgeting and financial management in the public and non-profit sectors.

Membership in ABFM is available on its own, or as an affiliation with ASPA.

For membership information, news & more, visit our website

www.ABFM.org

Officers

Chair Scott Pattison

Executive Director, NASBO

Immediate Past Chair Jim Savage

University of Virginia

Chair-Elect Charles Menifield

University of Missouri

Vice Chair Robert Kravchuk

Indiana University at Bloomington

Vice Chair-Elect Carolyn Bourdeaux

Georgia State University

Secretary & Archivist Donijo Robbins

Grand Valley State University

Treasurer Deborah Carroll

The University of Georgia

Newsletter Editor Kenneth Hunter

City of Rocky Mount, North Carolina

ASPA Liaison Toni Samuel

Executive Director, ASPA

ABFM Representative to GASAC Odd Stalebrink

Pennsylvania State UniversityHarrisburg

ABFM Representatives to PFP Board

Kenneth Klase (to 2013)

Jim Savage (to 2013)

Carol Ebdon (to 2014)

Scott Pattison (to 2014)

Charles Menifield (to 2014)

2013 Committees

Executive Committee Carolyn Bourdeaux, Georgia State University (2011-2013 Term) Meagan Jordan, Old Dominion University (2011-2013 Term) Eric Scorsone, Michigan State Senate (2011-2013 Term) Thad Calabrese, New York University (2012-2014 Term) Helisse Levine, Long Island University (2012-2014 Term) Dan Smith, New York University (2012-2014 Term) Benjamin Clark, Cleveland State University (2013-2015 Term) John Gilmour, William & Mary (2013-2015 Term) Kenneth Hunter, City of Rocky Mount, NC (2013-2015 Term) Christine Martell, University of ColoradoDenver (2014-2016 Term) David Matkin, University of AlbanySUNY (2014-2016 Term) Zhirong Jerry Zhao , University of Minnesota (2014-2016 Term) 2013 Conference Committee Chair, Charles Menifield, University of Missouri Fundraising, Jonathan Justice, University of Delaware Michael Curro Student Paper Award Committee Chair, Todd Ely, University of ColoradoDenver Jane Beckett-Camarata, Penn State Salvador Espinosa, San Diego State University S. Kenneth Howard Award Committee Chair, Jim Savage, University of Virginia Paul Posner, George Mason University Christine Martell, University of Denver Rebecca Hendrick, University of IllinoisChicago Jeffrey Chapman, Arizona State University Aaron Wildavsky Award Committee Chair, Scott Pattison, NASBO Katherine Willoughby, Georgia State University Irene Rubin, University of Illinois (retired) John Gilmour, William & Mary Roy Meyers, University of MarylandBaltimore County Board Nominating Committee Chair, Jim Savage, University of Virginia Justin Marlowe, University of Washington Marilyn Rubin, City University of New York Aimee Franklin, University of Oklahoma Stuart Kasdin, George Washington University

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DUPONT FOYER

CONFERENCE SITE OVERVIEW The Washington Marriott has hosted the ABFM on several

prior occasions. All conference activities will take place in

meeting space located on the first, second and third floors of

the hotel, with all plenary activities on the second floor.

Georgetown II is located on the first floor, to the right of the

Registration Desk. Restrooms are adjacent.

Continental breakfast will be available each morning, 7:30-9am, in the

Dupont Foyer on the 2nd floor, accessible by elevator or escalator from

the first floor. Registration will be located near the elevators. The hotel

business center, with computer and copier access, is also on the second

floor, near the escalators and restrooms.

Concurrent sessions will be held in Dupont Ballroom Salons F, G & H.

Plenary activities are scheduled for the West End Ballroom.

The third floor is accessible by elevator. Concurrent sessions

are scheduled for Meeting Room 3017.

ESC

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Local Information & Dining Suggestions

Closest Metro Station

Foggy Bottom/GWUOrange & Blue Lines

(23rd St NW, South of Washington Circle)

Connect w/Red Line @ MetroCenter Station

Connect w/Yellow & Green Lines @ LEnfant Plaza Station

Nearby Business Locations

Walgreens1217 22nd St NW (1 block)

FedEx Office (Kinkos) - 2020 K St NW (0.2mi)

Staples1901 L St NW (0.3mi)

CitiBank2101 L St NW (0.2mi)

Wells Fargo Bank2000 L St NW (0.2mi)

PNC Bank1920 L St NW (0.2mi)

Trader Joes1101 25th St NW (0.3mi)

Safeway1701 Cororan St NW (0.7mi)

Whole Foods1440 P St NW (0.8mi)

Fast Food/Sandwiches

Potbelly1200 New Hampshire Ave NW (300ft)

Subway2030 M St NW (0.1mi)

Bobbys Burger Place2121 K St NW/GWU (0.2mi)

McDonalds1916 M St NW (0.2mi)

Shake Shack1216 18th St NW (0.4mi)

Food Truck Information

Visit http://foodtruckfiesta.com/food-trucks-washington-dc/

Nearby Restaurants (Within 0.3mi of Hotel)

Grillfish1200 New Hampshire Ave NW (Seafood)

Meiwah1200 New Hampshire Ave NW (Chinese)

Trattoria Nicolas1250 22nd St NW (Italian)

Westend Bistro1190 22nd St NW (American)

Firefly1310 New Hampshire Ave NW (American)

Bread & Chocolate2301 M St (European)

Marcels2401 Pennsylvania Ave NW (European)

Vidalia1990 M St NW (Southern American)

M Street Bar & Grill2033 M St NW (American)

Juniper2401 M St NW (Regional & American)

Ris2275 L St NW (American)

Ground Transportation

Uber (App) www.dctaxionline.com www.supershuttle.com

www.zipcar.com/dc/find-cars www.capitalbikeshare.com

Online Resources

www.washington.org www.georgetowndc.com

www.yelp.com www.urbanspoon.com

www.opentable.com www.tripadvisor.com

2013 ABFM Annual Conference (September 17th DRAFT) Page 7

THURSDAY, OCTOBER 3RD

7:30am-5pm Registration Registration Desk,

Dupont Foyer, 2nd Floor

7:30-9am Continental Breakfast Dupont Foyer, 2nd Floor

8:30-10am Concurrent Sessions

State Budgeting and Fiscal Sustainability Georgetown II

Chair / Discussant: Boris Morozov, Louisiana State University

Baselines and State Budget Growth

Carolyn Bourdeaux & Laura McGuffey, Georgia State University

The Impact of Agency Mission on Agency Budget Strategy in State Governments

Changhwan Mo, Korea Transport Institute & Jonathan Justice, University of Delaware

Separate or Unified Budgets: The Case of Georgia

Il Hwan Chung, Baruch College, City University of New York & Phuong Nguyen-Hoang, University of Iowa

Fiscal Sustainability in the American States: Learning 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

Health and Welfare Spending Salon F

Chair: Beverly Bunch, University of Illinois-Springfield

Analysis of the Changing Landscape of Revenues for Anti-Poverty Agencies

Beverly Bunch, University of Illinois-Springfield

Food Safety Policy and Resource Constraints: The Diffusion of Regulation

Jocelyn M. Johnston & Rebecca Yurman, American University

Demographic Change and Public Expenditure: The Crowding-In Effects Of Population Aging On Social Welfare Expenditure for the Elderly in Japan: 1980-2010

Yimin Chang, University of Kentucky

Paying for Education: The Determinants of the Allocation of Resources to K-12 Schools and Post-Secondary Institutions

Salon G

Chair / Discussant: John Foster, Southern Illinois University, Edwardsville

Ethnic Homogeneity, Group Antagonism, and State Financial Support for Higher Education

John Foster, Southern Illinois University, Edwardsville & Jacob Fowles, University of Kansas

Identifying Policy Motivations of Performance Funding Adoption in Higher Education

Douglas Carr & Roger Larocca, Oakland University

Charter School Capital Finance: An Examination of Charter School Bond Issuance and Interest Costs

Peter Jones, University of Kentucky

Tax-Based Aid Expansion, College Enrollment, and College Choice

Tatyana Guzman, Cleveland State University, Haeil Jung & Maureen Pirog, Indiana University


THURSDAY, OCTOBER 3RD (CONTINUED)

8:30-10am Concurrent Sessions (Continued)

Changes in Property Tax Law and Tax Delinquencies Salon H

Chair: Sunjoo Kwak, University of Alabama at Birmingham

Discussant: Bo Zhao, Federal Reserve Bank of Boston

Property Tax Limitations and Residential Mobility: The Impact of Florida Amendment One

Rui Sun, California State University, Dominguez Hills

An Analysis of the Interaction of Public and Private Investment on Tax Increment Financing

Bob Bland, University of North Texas & University of Texas-Austin & Michael Overton, University of North Texas

Learning from Oregons Idiosyncratic Assessment Practices about Property Tax Administration in General

Marija Andelkovic Pesic, University of Nis, Fred Thompson & Robert Walker, Willamette University

Property Tax Delinquencies and Local Revenue Volatility during the Great Recession

Olha Krupa, Seattle University

Transit Planning and Finance Issues Meeting Room 3017

Chair: Zhirong (Jerry) Zhao, University of Minnesota

Discussant: Michael Brogan, Rider University

Revolving Loan Systems for Transportation Projects: The Ohio State Infrastructure Bank (SIB) Program

Jay Eungha Ryu, Ohio University

Paying for Roads and Transit: Examining Citizen Perceptions of Different Financing Options

Juita-Elena (Wie) Yusuf, Old Dominion University, Lenahan OConnell & Kaitrin Mahar

A National Survey of Transit Agencies: Fiscal Climate Effects

Suzanne Leland, University of North Carolina at Charlotte & Olga Smirnova, East Carolina University

10-10:15am Refreshment Break Dupont Foyer

10:15-

11:45am Concurrent Sessions

Too Big to Fail: The Fiscal Crises Facing Six U.S. Cities, and What State and Local Leaders Need to Know to Address Them

Georgetown II

Chair: Paul Posner, George Mason University

All In or Hands Off: the State Role in Local Fiscal Crises

Frank Shafroth, George Mason University

Maryland: Assumption of Local Responsibilities

John W. Rohrer, Maryland Department of Legislative Services

Rhode Island: Strong State Intervention in Distressed Communities

John Simmons, Rhode Island Public Expenditure Council

Presentation title to be determined

Brian Jensen. Brian is the Executive Director, Pennsylvania Economy League of Greater Pittsburgh, and Senior Vice President of Civic Policy, Allegheny Conference on Community Development

Illinois: No State Intervention

Sarah Wetmore, Illinois Civic Federation



10:15-

11:45am Concurrent Sessions (Continued)

International Budgetary Issues Salon F

Chair: Linda Janet Porras-Mendoza

Strategic Budgetary Choices in Iraq: The Long Post-Conflict Struggle for Political and Economic Development

James Savage, University of Virginia

Sovereign Wealth Funds in OECD Countries

John B Gilmour, William & Mary

The Effects of Financial Crisis under Keynesian Theory in OECD Countries

Ju-Ying Yang, University of Illinois at Chicago

City's Budget, A look at the City Council of Nairobi

Obuya Bagaka, Kenya Institute of Administration & Clarence Otieno, Kenyan Government

Cutback Management and the Recession Salon G

Chair: Thomas P. Lauth, The University of Georgia

Discussant: Skip Krueger, University of North Texas

An Examination of the Economic Downturn: Changes in State Expenditures and Lessons Learned

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

The Public Financing of Americas Largest Cities: An Autopsy of City Financial Records in the Wake of the Great Recession

Craig L. Johnson & Justin Ross, Indiana University & Wenli Yan, Virginia Commonwealth University

Cutback Management and Incrementalism in Large American Cities, 1964 to 2006

Jae Young Lim, University of Georgia

Federal Budgeting for Short-Term Fiscal Uncertainty

Marvin Phaup & 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

The Recession and Property Taxes Salon H

Chair: Craig Maher, Northern Illinois University

Discussant: Rui Sun, California State University, Dominguez Hills

Structural / Institutional Determinants of Variations in Household Property Tax Burdens and Effective Tax Rates Within and Across Local Governments: The Effect of the Great Recession and Beyond

John L. Mikesell, Indiana University & Daniel R. Mullins, American University

What Happens to Assessment Limits when Property Values Decline?

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



10:15-

11:45am Concurrent Sessions (Continued)

Public and Private Sector Pensions Meeting Room 3017

Chair: Carol Ebdon, University of Nebraska at Omaha

Market Volatility and Risk-Taking Behavior: A Comparative Study of Public and Private Sector Defined Benefit Pension Plans

Odd Stalebrink, Penn State University & Vicky Kiosse, University of Exeter

The Pension Benefit Guarantee Corporation: Public Funds for Private Pensions

Karen Kunz, West Virginia University

Does Public Pension Underfunding Lead to Riskier Asset Allocation?

Daniel L. Smith, New York University

Determinants of Public Pension Fund Investment Performance

Jun Peng, University of Arizona & Qiushi Wang, Rutgers University- Newark

The Role of Economic, Fiscal, and Financial Shocks in the Evolution of Public Sector Pension Funding

Robert K. Triest & Bo Zhao, Federal Reserve Bank of Boston



12-1:15pm Lunch Break & Poster Sessions Dupont Foyer, 2nd Floor

Session Judges: Wie Yusuf, Old Dominion University, Boris Morozov, Louisiana State University & Whitney Afonso, University of North Carolina

Tax-Expenditure Limitations and Infrastructure Finance in U.S. Local Government

Agustin P. Leon-Moreta, Florida State University

The Differences in State Funding Assistance to School Districts in States that Imposed Binding School District Tax and Expenditure Limitations (TELs)

Michael S. Hayes, American University

Public Pension Plans Trends and Features 2000-2009

Rayna L. Stoycheva, University of Miami

State EITCs and Impacts on Household Savings Levels

Carletta F. Taylor Sims, Indiana University

The Impact of a Split-Rate Property Tax on the Housing Market and Tax Revenue Stability, A Study of the Pennsylvania Experience

Cheol Liu & Lanlan Xu, Indiana University

What is the Impact of State Funding and Accountability Policies on the Location of Charter Schools?

Christian Buerger, Maxwell School of Syracuse University

Effects of Intergovernmental Aid and Local Revenue Diversification on Pension Liability Funding

Evgenia Gorina, Arizona State University / University of Texas at Dallas

Does Fiscal Information Disclosure Matter? Costs of Competitive Bond Sales

Junghack Kim, University of Nebraska at Omaha

Revenue Strategies of US States under Conditions of Economic and Political Stress: Revenue Diversification 1980 to 2011

Seeun Ryu, Arizona State University

The Web of Performance Budgeting (PB) Evaluation: Effectiveness, Discretion, Accountability, and Transparency

Yousueng Han, Indiana University

Rise of the Municipal Securities in China: A Comparison of Municipal Bond Market in the United States and the People's Republic of China

Zihe Guo, University of Kentucky

1:30-3pm Concurrent Sessions Dupont Foyer, 2nd Floor

The Fiscal Policy Space of Cities Georgetown II

Chair: Michael A. Pagano, University of Illinois at Chicago

The Fiscal Policy Space: A Comprehensive Framework for City Fiscal Decision-making

Michael A. Pagano & Yonghong Wu, University of Illinois at Chicago & Christopher Hoene, California Budget Project

Locally Imposed Limits: The Rise of the New TEL

Samuel Bassett, University of Illinois at Chicago & Christopher Hoene, California Budget Project

Effects of State-Imposed Constraints on Municipal Revenue: The Mediating Role of Alternative Revenue Sources

Shu Wang & Michael A. Pagano, University of Illinois at Chicago

Testing the Links Between the Consideration and Adoption of Fiscal Policy Actions to the State Attribute and to the Local Attribute in Fiscal Policy Space of Cities

Yu Shi & Nisa Yazici Aydemir, University of Illinois at Chicago



1:30-3pm Concurrent Sessions (Continued)

GASB, Cost Accounting & Audits Salon F

Chair: Michael S. Hayes, American University

Local Managers Perceptions of Recent Changes to Governmental Financial Statements

Craig S. Maher & Shannon Sohl, Northern Illinois University

Improved Financial Reporting for Other Postemployment Benefits by State and Local Governments

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

A Decade of Single Audits: Differential Results from the Public Sector

Tammy R. Waymire & Timothy D. West, Northern Illinois University & Thomas Z. Webb, Mississippi State University

How Pervasive are the Effects of Transaction Costs? Analyzing Cost Drivers in Cost Accounting

Zachary Mohr, University of North Carolina-Charlotte

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

Panelists: Evie Barry, Association of Government Accountants; Thad Calbrese, New York University & Melissa Merrell, Congressional Budget Office and George Washington University

Empirical Evidence on Tax Policy Salon H

Chair: Justin M. Ross, Indiana University

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

Tax Exemptions for Charitable Organizations: How Are They Capitalized into Residential Property Values?

Deborah A. Carroll, University of Georgia

Capital Input Taxes and Labor Employment: Empirical Evidence from the Retail Sales Taxation of Manufacturing Machinery and Equipment

Justin M. Ross & John L. Mikesell, Indiana University

Conflicting Theories of Democratic Reform: Evidence from State E-Commerce Tax Reform

Sarah Larson, Indiana University

Behavioral Frameworks of Property Tax Determination

Spencer T. Brien, Arizona State University

Dimensions of Public Pension Plan Management & Policy Meeting Room 3017

Chair / Discussant: Justin Marlowe, University of Washington

How Well Does the Risk-Free Rate Predict the Future Rate of Return on Investments? Implications for Public Defined-Benefit Pension Plans

Kenneth A. Kriz, Wichita State University & Gang Chen, University at Albany-State University of New York

From Defined Benefit to Defined Contribution Plans for Public Employees: Results and Lessons from Michigan

Michael Thom, University of Southern California

The Public Pension Problem: A Case Study

Carol Ebdon & Paul Landow, University of Nebraska at Omaha

A Simulation of Defined-Benefit Pension Plans: What Features are the Most Important?

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

The Credit Threat of Public Pension Funding on State Credit Ratings

Yan Xiao, University of Nebraska at Omaha



3-3:15pm Refreshment Break Dupont Foyer

3:15-4:45pm Plenary Session

The Impact of Sequestration on State Budgets

West End Ballroom A & B

Karen Kunz, West Virginia University

Scott Pattison, NASBO

Sponsored by ACCA & Indiana University, School of Public & Environmental Affairs

5-7pm Reception Dupont Ballroom

Sponsored by University of Missouri, Truman School of Public Affairs; The University of Georgia,

School of Public and International Affairs; Maxwell School of Public Service, Syracuse University;

Ipreo; Maxine Goodman Levin College of Urban Affairs, Cleveland State University; Rutgers

University-Newark, School of Public Affairs and Administration; George Washington University,

Trachtenberg School of Public Policy and Public Administration; University of Colorado, Denver,

School of Public Affairs; University at Albany SUNY, Rockefeller College of Public Affairs and Policy;

and Department of Public Management and Policy, Georgia State University

7-8pm Public Finance Publications, Inc., Board Meeting Hollow Square


FRIDAY, OCTOBER 4TH

7:30-8:30am ABFM Executive Committee Meeting Conference Room

7:30-8:30am Using Budget Cases in Graduate Courses TBD





Innovations in Nonprofit Budgeting Georgetown II

Chair: Helisse Levine, Long Island University

Discussant: Beverly Bunch, University of Illinois-Springfield

Borrowing for Good: The Use of Tax-Exempt Debt by Public Charities

Thad Calabrese, New York University & Todd Ely, University of Colorado, Denver

Through the Analysts Looking Glass: Nonprofit Influence on Budget Outcomes

Sarah Beth Gehl, Georgia State University

State of Nonprofit Finance Research: Problems or Opportunities?

Alicia Schatteman & Tammy Waymire, Northern Illinois University

Crowding Out or Crowding In? -- An Analysis of Private Contributions and Government Grants in Housing Nonprofits

Janey Wang & Jennifer Shea, San Francisco State University

Forecasting Issues & 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 Pennsylvania

Jane Beckett-Camarata, Penn State University-Harrisburg

The Value of Consensus Forecasting for Producing a Binding Revenue Baseline: An Indiana Case Study

John L. Mikewell & Justin Ross, Indiana University

State Budget Priorities Following the Recession Salon G

Chair / Discussant: Odd Stalebrink, Penn State University

US Sub-national Governmental Response to the Financial Crisis: Implications for the Equitable Distribution of the Costs and Benefits of Public Services

Blue Wooldridge, Virginia Commonwealth University & Heidi Jane Smith, International Consultant

After the Fall: Governors and State Budget Priorities following the Great Recession

Katherine Willoughby, Georgia State University

Price Tags or Guesstimates? Fiscal Notes in Illinois

Nancy Hudspeth, University of Illinois, Chicago

Its always something Actions and Reactions to Budget Balancing in Maryland

Warren Deschenaux & David B. Juppe, Maryland General Assembly


FRIDAY, OCTOBER 4TH (CONTINUED)


State Income Taxes & Tax Credits Salon H

Chair: Rui Sun, California State University, Dominguez Hills

Discussant: P. Cary Christian, Georgia Southern University

The Effect of Connecticuts 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 Income Tax Repeal and Sales Tax Increase Analysis

Boris Morozov, Louisiana State University

Lights, Camera, Action: The Adoption of State Film Tax Credits

David L. Sjoquist & Emefa Sewordor, Georgia State University

The Financial Management of Collaboration:

Financial Management across Boundaries Meeting Room 3017

Chair / Discussant: Benedict S. Jimenez, Northeastern University

Collaborative Financial Management Practices within the Department of Defense

Col. Robert Nye, United States Army War College

How Municipal Collaboration Reshapes the Budgeting Process: Further Evidence from Illinois Public Management Networks

Kurt Thurmaier, Northern Illinois University & David Mitchell, Indiana University-Purdue University Indianapolis

Interlocal Finance: Identifying the Transaction Costs of Cooperation Across Local Governments in Texas

Simon Andrew & Jesseca E. Short, University of North Texas

Establishing Theory for the Financial Management of Governance and Collaboration

Zachary Mohr, University of North Carolina-Charlotte


10:15-

11:45am Plenary Session West End Ballroom A & B

Developing Strategic Financial Leadership in Public Services in Austere Times

Presenter: Chris Ridley, Member of ACCAs Global Public Sector Forum &

Director of Financial Management at the House of Commons

Sponsored by ACCA & Indiana University, School of Public & Environmental Affairs

ABFM Official Newsletter & information

resource for public sector finance

experts in practice & academics

Spring 2014 Special IssueThe Challenge of Liabilities Article proposals due January 31, 2014. For more information, email [email protected].



12-1:15pm Awards Luncheon West End Ballroom A & B

Sponsored by Public Financial Publications, Inc. & Northern Illinois University, Division of Public Administration

PFP Jesse Burkhead Award Best article published in Public Budgeting & Finance in 2012 (Tie)

Craig L. Johnson, Indiana University; Sharon N. Kioko, Syracuse University

& W. Bartley Hildreth, Georgia State University Government-wide Financial Statements and Credit Risk

(Vol. 32, #1: 80104)

Paul L. Posner & Matthew Sommerfeld, George Mason University The Politics of Fiscal Austerity: Implications for the United States

(Vol. 32, #3: 32-52)

Presented by Carol Ebdon

Michael Curro Student Paper Award Best written paper in a class or under faculty supervision

Jarrad Fjelstad, University of Washington

Presented by Justin Marlowe

S. Kenneth Howard Award Lifetime achievements by a practitioner in the field of budgeting and financial management

Jn R. Blndal, Head of Budgeting and Public Expenditures, Organization for Economic Co-operation and Development (OECD)

Presented by James Savage

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

James Savage, University of Virginia

Presented by Scott Pattison



1:30-3pm Concurrent Sessions

Transportation, Infrastructure Finance & Public Utility Georgetown II

Chair: Wie Yusuf, Old Dominion University

Discussant: John Bartle, University of Nebraska at Omaha

Fiscal Brownout: Potential Impacts of Enterprise Fund Regulation on Eastern North Carolinas Electricities

Kenneth Hunter, City of Rocky Mount, North Carolina

The Politics of Energy Budgeting: Forecasting Severance Taxes amidst Economic Growth, Environmental Sustainability and Market Volatility in the US States

Michael Brogan, Rider University & Charles Tien, City University of New York-Hunter College

Transportation Revenues and Expenditures in Kentucky: Measuring Historical Sufficiency and Defining Future Scenarios

Bryan Gibson & Doug Kreis, Kentucky Transportation Center, University of Kentucky; Dwight Denison, University of Kentucky; Candice Wallace

Banking on Infrastructure: Examining the Fiscal Effects of State Infrastructure Bank (SIB) Loans on Leveraging Local Transportation Investment

Can Chen, University of Nebraska at Omaha

From Value Increase to Value Capture: The Case of Maple Grove, Minnesota

Zhirong (Jerry) Zhao, University of Minnesota

Forecasting Issues & Trends Salon F

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

Revenue Forecasting Accuracy

Daniel Williams & Joseph Onochie, Baruch College, City University of New York

An Examination of Revenue Forecasting in the 50 States

Donald Boyd & Lucy Dadayan, Nelson A. Rockefeller Institute of Government

Forecasting Accuracy in Virginia

James Conant, George Mason University

Using IMPLAN to forecast the fiscal impact of changes

John Wong, University of North Texas

Local Fiscal Policy & Budget Stabilization Salon G

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

Tax Instruments and Local Government Budget Stability

Yilin Hou, Syracuse University & Jason Seligman, The Ohio State University

Budget Stabilization in Municipalities: Evidence from Chicago Suburbs 1997 2011

Rebecca Hendrick, University of Illinois at Chicago

Fiscal Slack and Local Expenditure Stabilization West Coast Style

Justin Marlowe, University of Washington

Great Recession and Responses to the Crisis in North Carolina Counties

Wen Wang, Indiana University-Purdue University Indianapolis




Winners & Losers in Sales Tax Collections Salon H

Chair / Discussant: Michael Peddle, Northern Illinois

Local Sales Tax Distributions in Urban, Suburban, Rural, and Tourism Rich Counties in North Carolina: Who Wins and Who Loses?

Whitney Afonso, University of North Carolina at Chapel Hill

A Typology of Sales Tax Evaders: Targeting Enforcement to Diverse Intentions

P. Cary Christian, Georgia Southern University

The Future of Online Sales Taxes

Andrew Wesemann, University of Missouri

Charles E. Menifield, University of Missouri

Political Determinants of State Sales Tax Base Erosion

Geoffrey Propheter, The George Washington University

Confusion About General Consumption Taxation in American Tax Policy: Avoiding a National Value-Added Tax While Expanding Reliance on State Retail Sales Taxes

John L. Mikesell, Indiana University

Rainy Day & Fund Balances Meeting Room 3017

Chair / Discussant: Thad Calabrese, New York University

Do States Use Rainy Day Funds When it Pours? Disaster-Stabilization Funds in the Gulf Coast States

Charlotte Kirschner & Akheil Singla, The Ohio State University

Unclaimed Property: An Untapped Revenue Source for States?

Darrin Wilson & Gao Liu, Florida Atlantic University

The Interactive Effect of Fund Balance and Revenue Diversity on Local Government Fiscal Sustainability

David Wachira, The World Bank

A Spatial Analysis of Florida Local Governments Unreserved Fund Balance

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

3-3:15pm Refreshment Break Dupont Foyer

3:15-4:45pm Concurrent Sessions

Financing Primary and Secondary Education Georgetown II

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

Financial Implications of School Choice for Public School Systems

James A. Richardson & Roy L. Heidelberg, Louisiana State University

Fiscal Decentralization, Administrative Decentralization, and Performance Gaps between Low-Income and Non-Low Income Students

Abhisekh Ghosh Moulick, Texas A&M University

Politics or Professionalism? Budgeting for Bilingual Education

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

Do the Dollars Add Up? The Missing Link between Capital Infrastructure Finance and School District Performance

Edward D. Vargas, University of New Mexico & Tima Moldogaziev, University of South Carolina

Institutional Arrangements for Public Library Funding and Spending

JiHyung Park, Carol Ebdon & Aimee Franklin, University of Oklahoma



3:15-4:45pm Concurrent Sessions (Continued)

Innovations to Support Local Governments Salon F

Chair: Yilin Hou, Syracuse University

Helpful Local Surtaxes? Florida and Disadvantaged Families

Bruce McDonald, III, Indiana University South Bend; D. Ryan Miller, Georgia Southern University & Robert J. Eger, III, Naval Postgraduate School

New Markets Tax Credit (NMTC) in Low-Income Communities: A Comparative Analysis of Economic Development Outcomes in Georgia and Illinois

Deborah A. Carroll & Jekyung Lee, University of Georgia

Determinants of Local Infrastructure Investment and its Impacts: Examining the Development of Georgia

Ping Zhang, University of Georgia & Yilin Hou, Syracuse University

Capitalization of Education Quality in Property Value: An Empirical Study of Beijing

Qiang Ren & Haitao Ma, Central University of Finance and Economics & Yilin Hou, Syracuse University

Implications for TELS Salon G

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

Tax-Expenditure Limitations and Local Government Reorganization in the United States

Agustin P. Leon-Moreta, Florida State University

Budgetary Constraints & Employee Turnover: The Case of Binding School District Tax & Expenditure Limitations (TELS)

Michael S. Hayes, American University

Spatial Implications of Tax and Expenditure Limitations

Marvin Ward Jr., DC Office of Revenue Analysis

Improving Child & Welfare Spending Salon H

Chair: Sarah Beth Gehl, Georgia State University

Discussant: Katherine Willoughby, Georgia State University

Identifying Child Care Subsidy Policy Precedents and Simulating Costs across States

Beth Neary, University of Connecticut

Why did State Leaders Change their Minds on the Health Care Law?

Dan Wang, Arizona State University

Health Care Spending and Health Outcomes

Michelle Pfister & Charles E. Menifield, University of Missouri

Race to the Bottom? Relative Benefits Impact on Welfare Expenditure

Nakhyeok Choi, Florida International University

Bankruptcy & Decentralization: Are They Really Connected? Meeting Room 3017

Chair / Discussant: Alexandru V. Roman, California State University San Bernardino

Emergency Financial Managers: Delegated Powers, Fiscal Efficacy and Rising Conflicts

Michael Thom, University of Southern California & Twyla Blackmond Larnell, Loyola University

Bankruptcy Triggers and their Relation to Fiscal Solvency: An Examination of Local Governments in Illinois

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

Does Taking Longer to Budget Lead to Better Fiscal Conditions?

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

Blind, Broke, and Bedlam? Bankruptcy in Stockton, Vallejo, and San Bernardino

Jim Comeaux, Akheil Singla & Charlotte Kirschner, The Ohio State University

How Does Fiscal Decentralization Affect the Financial Condition of State and Municipal Governments?

Samuel B. Stone, California State University, Fullerton



4:45-

5:30pm ABFM Annual Members Meeting Salon F

5:30-

7:30pm Reception Dupont Ballroom

Sponsored by Louisiana State University, Public Administration Institute; University of Kentucky, Martin School of Public Policy & Administration; School of Public Policy, University of Maryland; University of Connecticut Department of Public Policy; Old Dominion University, Department of Urban Studies and Public Administration; University of Nebraska at Omaha, School of Public Administration; Arizona State University, School of Public Affairs; University of Illinois at Chicago, Department of Public Administration; Wichita State University, Hugo Wall School of Urban and Public Affairs; and Kansas University, School of Public Affairs & Administration

NOW AVAILABLE The Basics of Public Budgeting and Financial Management brings budgetary theory and practice together, filling the void between the two that has existed in the field of budgeting and public finance. This book bridges the gap by providing the reader with applications and exercises that reinforce budgetary theory. Students are given the opportunity to learn various concepts and skills necessary to succeed in the field, and the exercises provided in each chapter require application of what is learned. Specifically, students will be exposed to basic budget and finance concepts, public revenue, financial management, risk assessment, cost benefit analysis, and so on. This handbook also provides great tools that allow the user to visually display budgets and other analysis. Students will gain the solid foundation needed to begin work in a budget office. Features of this second edition include enhanced data and optional in-class assignments. In addition, an instructors manual is available with power point slides and answers to the questions at the end of each chapter.

Publisher

Rowan & Littlefield, ISBN 978-0-7618-6141-6, September 2013

Author

Charles E. Menifield, University of Missouri


SATURDAY, OCTOBER 5TH





Efficiency & Effectiveness in Service Delivery Georgetown II

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

Assessing Best Value Services and Alternative Service Delivery Options Trends

Christine Smith, Baker Tilly

Does Service Consolidation Affect Municipal Spending: The Case of Wisconsin Municipalities

Craig S. Maher & Katherine Piker, Northern Illinois University

Factors Affecting Performance Budgeting: A Discriminant Analysis of Cost Effectiveness in Budgeting for Municipal Service Delivery

Kenneth A. Klase, University of North Carolina at Greensboro

Consolidation of Local Government Functions: Cost Savings and Policy Implications for the Local Public Service Provision

Olha Krupa, Seattle University

The Assignment of Public Service Responsibilities: Examination of the Causes & Effects of Fiscal Decentralization, Outsourcing & Local Debt Management

Salon F

Chair: Thad Calabrese, New York University

Discussant: Jacob Fowles, University of Kansas

Fiscal Centralization and State and Local Government Payrolls: Analysis with State and County Panel Data from 1977 to 2007

John Foster, Southern Illinois University Edwardsville; Eugenia 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 Risk Assessment: The Effect of Government Type on Credit Rating Decisions

Robert A. Greer, University of Georgia

Produce or Buy? An Analysis of Government Outsourcing Decisions from the Transaction Cost and Revenue Volatility Perspectives

Zhiwei Zhang, University of Kentucky

Financial Risks & Investment Pools Salon G

Chair: Kenneth A. Kriz, Wichita State University

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

Analyzing Changes in Asset Concentrations of LGIPs

Jeongwoo Kim, Sam Houston State University

Managing Financial Risk in the Public Sector: Financial Wizard/Trail Blazer/Politician the Role of the Public Sector Risk Manager

Melissa Baur & Molly Curl, Grant Thornton

Investing Public Funds: Determinants of the Use of Local Government Investment Pools by Municipalities in Texas

Robert Bland, Univ. of North Texas and Visiting Prof., Univ. of Texas at Austin & Julius Nukpezah, University of North Texas

Debts Designed for Governmental Contractual Obligations: Borrowing Costs of Certificate of Obligation in Texas

Wei-Liang Lung & Simon Andrew, University of North Texas


SATURDAY, OCTOBER 5TH (CONTINUED)


Tax Fairness, Unemployment Trust Funds & Social Security Reform

Salon H

Chair: Andrew Wesemann, University of Missouri

Unemployment Insurance 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 Fiscal Constraints: Colorado Case

Jung-Joo Lee, Seoul Womens University

Fiscally & Morally Responsible Social Security (Oasi Payroll Tax) Reform

Brett Bergen, U.S. Navy

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 Higher Education Finance

Elizabeth S. Overman, University of Central Oklahoma

Education of Budget Officers

Edward Anthony Lehan, Independent Consultant

Kinky Aid and Student Loans: Does Tax-Based Aid Affect Students' Debt?

Tatyana Guzman, Cleveland State University


10:15-

11:45am Concurrent Sessions

Roundtable: How Results Teams Allocate Resources in Baltimores 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, Mayors Office; Michael Pokorny, Department of Housing and Community Development & Beth Strommen, Sustainability Coordinator, Department of Planning

Using Transparency to Improve Budgetary Corruption Salon F

Chair / Discussant: Michael Thom, University of Southern California

The Impact of Public Officials Corruption on the Size and Allocation of U.S. State Spending

Cheol Liu & John L. Mikesell, Indiana University

Fiscal Federalism Toward Corruption or Transparency-Empirical Evidence from the United States

Jongmin Shon, Rutgers University-Newark & Yoon Kyoung Cho, University of Georgia

Government, Money, and Fraud

Sawsan A. Abutabanjeh, Old Dominion University

Politics, Economics, and Cross-Continental Fiscal Transparency: What about it?

Theodore Arapis & Vincent Reitano, Villanova University



10:15-11:45am

Concurrent Sessions (Continued)

Capital Expenditures During Budgetary Shortfalls Salon G

Chair / Discussant: Charlotte Kirschner, The Ohio State University

Unorthodox Capital Project Funding Cash

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

Estimating Net Resources in Capital Improvement Planning

Gerald J. Miller & Seeun Ryu, Arizona State University

The Exploration of Adoption Administrative Innovations in Capital Budgeting at the State Level

Natalia Ermasova, Governors State University

Budgets the Comprehensive Management of the Industrial Cities

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

Dollars for Lives: The Effect of Capital Expenditures on Traffic Fatalities

Ryan Yeung, State University of New York-Brockport & Phuong Nguyen-Hoang, University of Iowa

State Budget Issues Salon H

Chair / Discussant: Carolyn Bourdeaux, Georgia State University

Is State Rebudgeting a Function of Balancing Revenue or Elasticity?

Meagan M. Jordan, Old Dominion University & Wenli Yan, Virginia Commonwealth University

Making a Judgment of Accountability: Limitations to Analyzing Budgets & Structural Balance Utilizing State CAFRs

Melinda James Lopez, Auburn University

State Debt Resource Constraints

Robert A. Greer, University of Georgia & Dwight Denison, University of Kentucky

Using Financial Ratios to Assess State Financial Condition: A Reliable Measure?

Sarah Arnett, Government Accountability Office

Speaking Truth to Power? Policy Advice in the Legislature

John Bartle, University of Nebraska at Omaha

Budgeting Theory Meeting Room 3017

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

Federal R&D Expenditures: Testing the Punctuated Equilibrium Theory

Benjamin Clark, Cleveland State University

Uncovering the Impact of Strategic Choice in Public Finance: A MetaAnalytic Approach

Jacob Fowles, Alfred Ho & Tao Lang, University of Kansas & Qingwang Guo, Remin University of China

Predicting Punctuations: Exploring the Causes of Budgetary Change in Local Governments

John Kovari, University of Wisconsin-La Crosse

Mapping the Way Forward in Budgeting Theory

Luke Fowler, Mississippi State University & Robert W. Smith, Kennesaw State University

12-1:30pm Lunch Break



1:30-3pm Concurrent Sessions

Federalism & Devolution Georgetown II

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 Contemporary Budgeting

Alix Meyer, Sciences Po Lyon

Desegregation, Fiscal Federalism, and the Effects on Intergenerational Income: A Comparative Consideration of Post-Apartheid South Africa and the Segregated American South

Sherman A. Cooper, Georgia State University

Overcoming Principal-Agent Goal Disparities between Congress and the Executive Using Inter-Governmental Transfers

Stuart Kasdin & Federica Iorio, George Washington University

The Strategic Use of Public Bonds Salon F

Chair: John Bartle, University of Nebraska at Omaha

Does Public Infrastructure Health Affect State Bond Ratings? Evidence from a Panel Data Analysis

Can Chen & Kenneth Kriz, University of Nebraska at Omaha

The Design and Estimation of a Bi-National Bond to Finance Strategic Infrastructure along the U.S.-Mexico Border

Harikumar Sankaran & Violeta Daz, New Mexico State University & Salvador Espinosa, San Diego State University

Assessing Municipal Bond Default Probabilities

Matthew J. Holian, San Jose State University & Marc Joffe, Public Sector Credit Solutions

Bond Repayment Capacity in Developing Countries

Salvador Espinosa, San Diego State University & Christine Martell, University of Colorado Denver

Issues in Local Government Salon G

Chair: John Foster Southern Illinois University-Edwardsville

Multi-Year Fiscal Planning and Projections in Local Governments Status and Impact

Holly Sun & Joseph Cordes, George Washington University

Unraveling Fiscal Crisis: What Worked and What Didnt for Local Governments?

Milena I. Neshkova & 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

Institutions and Epistemic Communities: The Impact of City Managers on Fiscal Outcomes

Skip Krueger, Abraham Benavides, & Kraiwuth Jaikampan, University of North Texas & Robert W. Walker, Willamette University

Assessing Other Postemployment Benefit Underfunding for Local Governments in Michigan

Traci Taylor, Eric Scorsone & David Schweikhardt, Michigan State University




Current Trends, Reform & Conundrums in Government Finance

Salon H

Chair: Helisse Levine, Long Island University

Show Me the Money: Local Governments, Nonprofits and Property Tax Revenues

Helisse Levine, Long Island University & Paul Greaves, Debtwire Municipals

Local Government Bankruptcy: A Reevaluation

Alexandru V. Roman, California State University, San Bernardino

Capital Appreciation Bonds: Californias Latest School Financing Conundrum

David Baker & Marc K. Fudge, California State University, San Bernardino

The 2008 Fiscal Crisis and Administrative Reform in U. S. State Governments

Hua Xu, Auburn University at Montgomery & Jonathan Justice, University of Delaware

Performance Budgeting in Local Government: Why Implement?

Meeting Room 3017

Chair / Discussant: Benjamin Clark, Cleveland State University

Assessing Spending Disparity and Its Causes in Local Public Road: Performance Measurement for Public Infrastructure

Arwiphawee Srithongrung, University of Nebraska at Omaha

Smart Cuts? Strategic planning, performance management and fiscal retrenchment in U.S. cities

Benedict S. Jimenez, Northeastern University

Performance-Based Budgeting: What Motivates Municipalities to Adopt It?

JiHyung Park, Changsoo Song & Jooho Lee, University of Nebraska at Omaha

3-3:15pm Refreshment Break DuPont Foyer

3:15-4:45pm Concurrent Session

The Politics and Economics of Fiscal Rebalancing ("Consolidation")

Georgetown II

Chair: Marvin Phaup, Trachtenberg School, George Washington University

Discussants: James Savage, University of Virginia & Marco Cangiano, International Monetary Fund

The Politics of Austerity

Paul Posner, George Mason University

The Economics of Rebalancing

Douglas Hamilton, Peter G. Peterson Foundation

Congratulations to ABFMs 2014 Officers & 2014-2016 Executive Committee Members

Chair Chair-Elect Vice-Chair

Charles Menifield Robert Kravchuk Carolyn Bordeaux

2014-2016 Executive Committee Members

Christine Martell, David Matkin & Zhirong Jerry Zhao



3:15-4:45pm Concurrent Sessions (Continued)

Municipal Bankruptcies: Cases, Trends &

Bankruptcy Risk Pricing

Salon F

Chair / Discussant: Tima T. Moldogaziev, University of South Carolina

Federal Bankruptcy Petition of Stockton, California

Ashley K. Ames, Indiana University

Why Fears about Municipal Credit Are Overblown

Daniel Bergstresser, Brandeis International Business School & Randolph B. Cohen, MIT Sloan School of Management

The Demise of Harrisburg, Pennsylvania

Jane BeckettCamarata, Penn State UniversityHarrisburg & Cleopatra Grizzle, Rutgers University-Newark

Not All Bankruptcies Are Created Equal: Empirical Assessment of the Role of "Bankruptcy Risk" in Credit Ratings & Yields

Tima T. Moldogaziev, University of South Carolina, Sharon N. Kioko, Syracuse University & W. Bartley Hildreth, Georgia State University

Defense Spending During the Recession Salon G

Chair: Michael Brogan, Rider University

An Effect of Continuing Resolutions: Evidence of Expense Shifting in U.S. Army Contract and Supply Spending

Alexander Jacobs, University of Kentucky

Budgetary Impact of Military Base Closing (or Removal from Base Closing Lists) on Neighboring Municipalities --Effects during the Great Recession and its Aftermath

Andrew Glassberg, University of Missouri-St. Louis

Emergent Complex Networks: The Financial Web of Defense Department Weapons Acquisition Programs

M. Maureen Brown, University of North Carolina-Charlotte & Robert S. Kravchuk, Indiana University

Join us next year in Grand Rapids, Michigan! October 2nd-4th, 2014 @ Amway Grand Plaza

Documents

2013 ABFM Conference Agenda Book