Rock River Region Holiday Lunch and Learn: Funding Capital Projects: Bonding Vs. Spending Reserves
Event Details
| Registration | Register Online |
| Date | Wednesday, December 11, 2024
Save to your calendar |
| Time | 12:00pm |
| Location |
Tavern on Clark 755 Clark Dr. Rockford, Illinois 61107 Map and directions |
| Delivery Method | In Person |
| Field of Study | Finance - Technical |
| NASBA CPE | Earn 1.00 CPE Hours |
| Contact | Illinois GFOA info@igfoa.org 630-942-6587 |
Event Cost
| Type | Before 12/10/2024 |
|---|---|
| Members | $ 30.00 |
| Government / Partner Colleagues | $ 30.00 |
| Non-members | $ 35.00 |
Event Description
In the current market environment, local governments should evaluate the cost/benefit of bonding vs. spending down reserves to fund capital projects. Join a knowledgeable panel as they provide a brief overview of investment and bond market conditions, compare and contrast the two strategies of bonding vs. spending reserves for capital projects, discuss how either approach to capital funding could impact bond ratings, and share investment strategies and considerations as it relates to the investment of bond proceeds.
Learning Objectives: Participants completing this session should be able to:
- Compare bonding vs. spending reserves to fund capital projects in the current market environment;
- Comprehend how funding capital projects through bonds or spending of reserves could impact bond ratings;
- Implement strategies to maximize investment returns on reserves and/or bond proceeds; and
- Take into account arbitrage rebate considerations.
Speakers: Michelle Binns, Director, PFM Asset Management; David Walters, CFA, CAIA, CTP, Senior Manager - Arbitrage & Tax Compliance Group, PFM Asset Management and Dalena Welkomer, Director, Baird Public Finance
Delivery Method: Group Live
Program Level: Overview
Prerequisites: No prerequisites required
Advanced Preparation: No advance preparation required
Field of Study: Finance - Technical
Last Review/Revision/Update: December 11, 2024
NASBA CPE: Earn about 1.0 CPE hours
Agenda
Check-in: 11:30 AM - 12:00 PM
Luncheon: 12:00 PM
Presentation: 12:10 PM - 1:00 PM
Networking and Camaraderie: Immediately following the presentation
Presented by the Downstate chapter
Registration & Cancellation Policy
REGISTRATION AND CANCELLATION POLICY
Registrations are accepted on a first-in, first registered basis. Payments by check should be mailed in advance or made at time of registration by credit card.
Cancellation of an event registration is subject to the following policy:
• No refunds will be given for cancellations the day of the event and no shows.
• For IGFOA event registration cancellations five (5) business days or more prior to an event, refunds will be offset by a $20 cancellation fee.
• For IGFOA event registration cancellations within five (5) business days of the training, refunds will be offset by a cancellation fee of 50% of the registration fee.
• A substitute attendee may be designated provided that the payment has been made and the IGFOA office has been notified in advance.
• A written request for a refund must be emailed to the IGFOA prior to the event.
By submitting this registration, the applicant agrees to the registration and cancellation policy above.
IGFOA reserves the right to modify the agenda and/or speakers, cancel the training due to low enrollment, or to close registration if full. Should IGFOA cancel an event, cancellation notice will be sent to the email address provided by each registrant and prominently posted at the IGFOA website page announcing the event.
If you have questions about the cancellation and refund policy, your membership, or a complaint, please contact IGFOA at 630-942-6587. The IGFOA reserves the right to apply the non-member fee to any individual or government that has not paid dues for the current year.
Approved by the National Registry of CPE Sponsors
CPE Registry Illinois Government Finance Officers Association (IGFOA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.