2013 ABFM Annual Conference (September 17th DRAFT) THURSDAY, OCTOBER 3RD

7:30am-5pm 7:30-9am 8:30-10am Registration Continental Breakfast Concurrent Sessions State Budgeting and Fiscal Sustainability
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

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Registration Desk, Dupont Foyer, 2nd Floor Dupont Foyer, 2nd Floor Georgetown II

Health and Welfare Spending

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

Salon F

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

Salon G

2013 ABFM Annual Conference (September 17th DRAFT) THURSDAY, OCTOBER 3RD (CONTINUED)
8:30-10am Concurrent Sessions (Continued) Changes in Property Tax Law and Tax Delinquencies
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

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Salon H

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

Chair: Zhirong (Jerry) Zhao, University of Minnesota Discussant: Michael Brogan, Rider University

Meeting Room 3017

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 10:1511:45am

Refreshment Break 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
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 David Y. Miller, University of Pittsburgh Illinois: No State Intervention Sarah Wetmore, Illinois Civic Federation

Dupont Foyer

Georgetown II

2013 ABFM Annual Conference (September 17th DRAFT) THURSDAY, OCTOBER 3RD (CONTINUED)
10:1511:45am Concurrent Sessions (Continued) International Budgetary Issues
Chair: Linda Janet Porras-Mendoza

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Salon F

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, College of 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

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

Salon G

The Recession and Property Taxes

Chair: Craig Maher, Northern Illinois University Discussant: Rui Sun, California State University, Dominguez Hills

Salon H

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

2013 ABFM Annual Conference (September 17th DRAFT) THURSDAY, OCTOBER 3RD (CONTINUED)
10:15Concurrent Sessions (Continued) Public and Private Sector Pensions
Chair: Carol Ebdon, University of Nebraska at Omaha

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Meeting Room 3017

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

2013 ABFM Annual Conference (September 17th DRAFT) THURSDAY, OCTOBER 3RD (CONTINUED)
12-1:15pm Lunch Break & Poster Sessions

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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 The Fiscal Policy Space of Cities

Chair: Michael A. Pagano, University of Illinois at Chicago The Fiscal Policy Space: A Comprehensive Framework for City Fiscal Decision -making

Dupont Foyer, 2nd Floor Georgetown II

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

2013 ABFM Annual Conference (September 17th DRAFT) THURSDAY, OCTOBER 3RD (CONTINUED)
1:30-3pm Concurrent Sessions (Continued) GASB, Cost Accounting & Audits
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

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Salon F

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

Salon G

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

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

Salon H

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

Chair / Discussant: Justin Marlowe, University of Washington

Meeting Room 3017

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

2013 ABFM Annual Conference (September 17th DRAFT) THURSDAY, OCTOBER 3RD (CONTINUED)
3-3:15pm 3:15-4:45pm Refreshment Break Plenary Session The Impact of Sequestration on State Budgets Karen Kunz, West Virginia University Scott Pattison, NASBO Sponsored by 5-7pm Reception

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Dupont Foyer West End Ballroom A & B

Dupont Ballroom

7-8pm

Public Finance Publications, Inc., Board Meeting

Hollow Square

2013 ABFM Annual Conference (September 17th DRAFT) FRIDAY, OCTOBER 4TH
7:30-8:30am 7:30-8:30am 7:30am-5pm 7:30-9am 8:30-10am ABFM Executive Committee Meeting Using Budget Cases in Graduate Courses Registration Continental Breakfast Concurrent Sessions Innovations in Nonprofit Budgeting
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

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Conference Room TBD Registration Desk, Dupont Foyer, 2nd Floor Dupont Foyer, 2nd Floor Georgetown II

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

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

Salon F

State Budget Priorities Following the Recession

Chair / Discussant: Odd Stalebrink, Penn State University

Salon G

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

2013 ABFM Annual Conference (September 17th DRAFT) FRIDAY, OCTOBER 4TH (CONTINUED)
8:30-10am Concurrent Sessions (Continued) State Income Taxes & Tax Credits
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

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Salon H

The Financial Management of Collaboration: Financial Management across Boundaries

Chair / Discussant: Benedict S. Jimenez, Northeastern University Collaborative Financial Management Practices within the Department of Defense Col. Robert Nye, United States Army War College

Meeting Room 3017

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

10-10:15am 10:1511:45am

Refreshment Break Plenary Session

Dupont Foyer 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

2013 ABFM Annual Conference (September 17th DRAFT) FRIDAY, OCTOBER 4TH (CONTINUED)
12-1:15pm Awards Luncheon Sponsored by ACCA

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West End Ballroom A & B

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

2013 ABFM Annual Conference (September 17th DRAFT) FRIDAY, OCTOBER 4TH (CONTINUED)
1:30-3pm Concurrent Sessions Transportation, Infrastructure Finance & Public Utility
Chair: Wie Yusuf, Old Dominion University Discussant: John Bartle, University of Nebraska -Omaha

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Georgetown II

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

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

Salon F

Local Fiscal Policy & Budget Stabilization

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

Salon G

2013 ABFM Annual Conference (September 17th DRAFT) FRIDAY, OCTOBER 4TH (CONTINUED)
1:30-3pm Concurrent Sessions (Continued) Winners & Losers in Sales Tax Collections
Chair / Discussant: Michael Peddle, Northern Illinois

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Salon H

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

Chair / Discussant: Thad Calabrese, New York University

Meeting Room 3017

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 3:15-4:45pm

Refreshment Break Concurrent Sessions Financing Primary and Secondary Education

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

Dupont Foyer Georgetown II

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

2013 ABFM Annual Conference (September 17th DRAFT) FRIDAY, OCTOBER 4TH (CONTINUED)
3:15-4:45pm Concurrent Sessions (Continued) Innovations to Support Local Governments
Chair: Yilin Hou, Syracuse University Helpful Local Surtaxes? Florida and Disadvantaged Families

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Salon F

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

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

Salon G

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

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

Salon H

Bankruptcy & Decentralization: Are They Really Connected

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

Meeting Room 3017

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

2013 ABFM Annual Conference (September 17th DRAFT) FRIDAY, OCTOBER 4TH (CONTINUED) 4:455:30pm 5:307:30pm ABFM Annual Members Meeting Reception Sponsored by

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Salon F Dupont Ballroom

2013 ABFM Annual Conference (September 17th DRAFT) SATURDAY, OCTOBER 5TH
7:30am-12pm Registration 7:30-9am 8:30-10am Continental Breakfast Concurrent Sessions Efficiency & Effectiveness in Service Delivery
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

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Registration Desk, Dupont Foyer, 2nd Floor Dupont Foyer, 2nd Floor Georgetown II

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
Chair: Thad Calabrese, New York University Discussant: Jacob Fowles, University of Kansas

Salon F

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

2013 ABFM Annual Conference (September 17th DRAFT) SATURDAY, OCTOBER 5TH (CONTINUED)
8:30-10am Concurrent Sessions (Continued) Tax Fairness, Unemployment Trust Funds & Social Security Reform
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

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Salon H

The Future of Higher Education

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

Meeting Room 3017

10-10:15am 10:1511:45am

Refreshment Break Concurrent Sessions Roundtable: How Results Teams Allocate Resources in Baltimores Outcome Budgeting System
Chairs: Andrew Kleine, City of Baltimore & Roy Meyers, University of Maryland -Baltimore County

Dupont Foyer

Georgetown II

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

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

Salon F

2013 ABFM Annual Conference (September 17th DRAFT) SATURDAY, OCTOBER 5TH (CONTINUED)
10:1511:45am Concurrent Sessions (Continued) Capital Expenditures During Budgetary Shortfalls
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

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Salon G

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

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

Salon H

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-Omaha

Budgeting Theory
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

Meeting Room 3017

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

2013 ABFM Annual Conference (September 17th DRAFT) SATURDAY, OCTOBER 5TH (CONTINUED)
1:30-3pm Concurrent Sessions Federalism & Devolution
Chair: Marvin Phaup, George Washington University Assessment of the Intergovernmental Grants in Latin American Sub -National Governments Linda Janet Porras-Mendoza, Georgia State University

Page 18

Georgetown II

Persuading Legislators to Give Up their Power of the Purse: a Franco -American Perspective on Contemporary Budgeting Alix Meyer, Sciences Po Lyon An Empirical Analysis of the Equalization Effects of Fiscal Transfers on County -Level Fiscal Disparities in Henan Province Li Hui, National University of Singapore 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

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

Salon F

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

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

Salon G

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

2013 ABFM Annual Conference (September 17th DRAFT) SATURDAY, OCTOBER 5TH (CONTINUED)
1:30-3pm Concurrent Sessions (Continued) Current Trends, Reform & Conundrums in Government Finance
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

Page 19

Salon H

Performance Budgeting in Local Government: Why Implement?

Chair / Discussant: Benjamin Clark, Cleveland State University

Meeting Room 3017

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 3:15-4:45pm

Refreshment Break Concurrent Session The Politics and Economics of Fiscal Rebalancing ("Consolidation")
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

DuPont Foyer Georgetown II

2013 ABFM Annual Conference (September 17th DRAFT) SATURDAY, OCTOBER 5TH (CONTINUED)
3:15-4:45pm Concurrent Sessions (Continued) Municipal Bankruptcies: Cases, Trends & Bankruptcy Risk Pricing
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

Page 20

Salon F

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

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

Salon G

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