Fiscal Analysis, Municipal Finance, and the Economy
You’ll learn about:
- The pillars of municipal fiscal health and why they are relevant to the planners
- How cities and towns can make better land use decisions
Local government is integral to daily life yet public safety, health, and transportation infrastructure go unnoticed until underinvestment causes crime to worsen, drinking water systems to fail, or bridges to collapse. Recently, the Great Recession laid bare the fragile condition of local government budgets. The crisis played out most dramatically in a series of high-profile municipal bankruptcies, which grabbed headlines and distorted public debt markets, but it served as a reminder of longstanding structural weakness in the finances of cities. The roots of the problem go back decades.
Fiscal health will only become more important in the coming decades, as cities absorb the world’s population growth, and challenges such as climate change demand massive, preemptive investments. In 2015, the Lincoln Institute of Land Policy launched a multi-year campaign to promote municipal fiscal health, to help restore the capacity for local governments to provide basic goods and services, plan for the future and escape a cycle of recurring crises. George McCarthy, President and CEO of the Lincoln Institute of Land Policy, opens the fiscal track with a discussion of the fiscal problems faced by cities and towns across the country and why this is important to the planning community. Explore the pillars of municipal fiscal health: land-based revenues, paying for infrastructure, multilevel governance, financial transparency, management of obligations and cash flow, and the coordination of planning finance. This session is for a general planning audience.
L. Carson Bise
, Tischler Bise
Confirmed SpeakerCarson Bise has 25 years of fiscal, economic and planning experience and has conducted fiscal and infrastructure finance evaluations in 37 states, including the State of California. Mr. Bise has developed and implemented more fiscal impact models than any consultant in the country. The applications which Mr. Bise has developed have been used for evaluating multiple land use scenarios, specific development projects, annexations, urban service provision, tax-increment financing, and concurrency/adequate public facilities monitoring. Mr. Bise is also a leading national figure in the calculation of impact fees, having completed over 250 impact fees for the following categories: parks and recreation, open space, police, fire, schools, water, sewer, roads, municipal power, and general government facilities. Mr. Bise holds an M.B.A. in Economics from Shenandoah University and a B.S. in both Geography/Urban Planning and Political Science/Urban Studies from East Tennessee State University. Mr. Bise has also written and lectured extensively on fiscal impact analysis and infrastructure financing. His most recent publications are Fiscal Impact Analysis: Methodologies for Planners, published by the American Planning Association, a chapter on fiscal impact analysis in the book Planning and Urban Design Standards, also published by the American Planning Association, and the ICMA IQ Report, Fiscal Impact Analysis: How Today’s Decisions Affect Tomorrow’s Budgets. Mr. Bise was also the principal author of the fiscal impact analysis component for the Atlanta Regional Commission’s Smart Growth Toolkit and is featured in the recently released AICP CD-ROM Training Package entitled The Economics of Density. Mr. Bise is currently on the Board of Directors of the Growth and Infrastructure Finance Consortium and recently Chaired the American Planning Association’s Paying for Growth Task Force. He was also recently named an Affiliate of the National Center for Smart Growth Research & Education.
, The Ford Foundation
Confirmed SpeakerGeorge McCarthy (Mac) is President and CEO of the Lincoln Institute of Land Policy. He joined the Lincoln Institute in 2014 from the Ford Foundation where he directed programming in Metropolitan Opportunity. Mac joined Ford in 2000 from the Center for Urban and Regional Studies at the University of North Carolina (UNC). His work experience includes: Professor of Economics (Bard College); Resident Scholar (Levy Economics Institute); Visiting Scholar and Member of the High Table (King's College, Cambridge University); and Research Associate (Centre for Social Research, St. Petersburg, Russia). He received his Ph. D. in Economics from UNC.