The Government Finance Officers Association is holding its annual convention this May in San Antonio, and one of the main preconference seminars is called "Is A Public-Private Partnership Right For Your Government?"
On the panel are three officials from Chicago -- home of the derided parking lease agreement that Pittsburgh modeled its failed pension bailout on last year -- along with one other panelist, Ravenstahl administration budget director Scott Kunka, one of the architects of the deal. Should be an interesting four hours.
IS A PUBLIC-PRIVATE PARTNERSHIP RIGHT FOR YOUR GOVERNMENT?, 1:00 p.m. –5:00 p.m. • 4 CPE Credits
- Governments are more than ever turning to public-private partnerships as a way to balance budgets and maintain financial resiliency. This session will focus on the increasingly popular practice of long-term leasing of public assets such as parking spaces and toll roads and will also address recent trends in managed competition. Attendees will learn what constitutes an effective process, including valuation of assets, important contract terms, what the market views as a workable deal, and how governments have used proceeds. Participants will also hear lessons learned and pitfalls to avoid from practitioners who have managed public-private initiatives.
- Anne Kinney, Director, Research and Consulting Center, Government Finance Officers Association, Chicago, Illinois
- Scott Kunka, Director, Budget and Finance, City of Pittsburgh, Pennsylvania
- Eric Reese, General Manager, Business Development, Chicago Transit Authority, Chicago, Illinois
- Lois Scott, President, Scott Balice Strategies, Chicago, Illinois
- Half-day Seminar: Member, $150; Nonmember, $265