State and Local Government Finance Conference
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SMITH's State & Local Government Finance Conference

November 2010

Chicago, Illinois

State and local governments face huge challenges because of the economic recession, the housing crisis, and shrinking tax rolls.

SMITH's Annual State and Local Government Finance Conference addresses some of the major issues states and local governments are facing:

How are states meeting today’s challenges?

Will states and cities be able to maintain the same level of services going forward given the fiscal environment and the difficulty or inability to raise taxes?

Will municipal governments be able to survive without a federal bailout?

With federal government spending out of control, is there any money left for states and cities?

Is the previously unthinkable – a major municipal default – now a possibility? What happens then?

What are some of the alternatives to debt states and cities are using to balance their budgets?

What will future bonding programs look like?

How will states and cities finance their obligations to pension funding and OPEB?

SMITH's Annual State and Local Government Finance Conference helps participants find and develop actionable solutions to these challenges. Program faculty and attendees include some of the nation's top analysts, leading bond buyers and major public issuers.


Who Should Attend?

  • Chief Investment Officers

  • Directors of Taxable & Tax-Exempt Fixed-Income

  • Portfolio Managers

  • Credit Analysts at Investment Firms

  • Wall Street Analysts

  • Rating Agency

  • Financial Advisors

  • Bond Counsel

  • Accounting Firms

  • Bond Insurance
     

SMITH’s Research & Gradings

SMITH’s Research and Gradings was founded by Terence Smith in 1992 to provide independent research and third-party analysis for institutional investors. SMITH’s has become a bellwether research, often predicting significant trends and spotlighting controversial subjects sometimes months before they come to light elsewhere. SMITH's.  provides independent third-party research and analysis for institutional investors.

 


Sponsors and Exhibitors

Gold Corporate Sponsors

     

Sponsors & Exhibitors

 

 

 
 


Registration Information

Registration Fees

$650 per person General.
$315 State & Local Governments.
$375 Investors
Registration fee includes course materials, breakfast, lunch, and breaks during the conference.

Payment by credit card, company check or personal check is required prior to the conference.

Discounts
Groups of 3 Standard or more receive a reduced rate of $585 per person. Groups of 3 or more State/Local issuers - $285 per person.
Groups of 3 or more Investors $340 per person.

 

Cancellations
Cancellations are subject to a $100 service fee. Cancellations will be accepted up to 30 days prior to the Conference in order to receive a refund.
Cancellations after the 30 day cut-off will receive a registration credit toward a future SMITH’s conference program. Credits will be issued at the original registration rate and will be valid for 12 months. Registration credit requests must be received by the last day of the conference.
 
Substitutions
Substitutions from your company will be accepted any time prior to the conference.

As a SMITH's Conference attendee, you will receive a complimentary edition of SMITH's Research & Gradings — the leading independent source for credit opinions.

 

Program Cancellation
In the event that SMITH's Research & Gradings cancels a scheduled program, all registrants will be notified in writing. Registration fees will be refunded. In the event that a conference is cancelled, SMITH's Research & Gradings cannot be held liable for non-refundable transportation costs. In the case of inclement weather, or acts of God, if the seminar takes place, the registration is not refundable.

 

Complaint Resolution
Address any complaints to Pamela Kilbourn, SMITH's, 20 Poe Court, Fairfield, CT 06825
Fax to 203-659-4773; email to pamkilbourn@smithsresearch.net or phone 203-362-2154. Complaints will be handled in as timely a manner as possible.
 

Privacy Policy & Records Retention
SMITH's values your privacy. SMITH's retains information submitted during the registration process with regard to your name, company and contact information. Credit card information is destroyed once the transaction has been processed. We will never willfully sell, lease, or rent any of your personally identifiable information to any third party

As a SMITH's Conference attendee, you will receive a complimentary edition of SMITH's Research & Gradings — the leading independent source for credit opinions.

Dress Code
Business Casual.

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Contact Information

Phone: (203) 362-2149
Fax: (203) 659-4773
Email: smiths@smithsresearch.net

Web: www.smithsresearch.net

Mail: TMS Holdings, Inc.,
20 Poe Court, Fairfield, CT 06825

    

Conference Agenda

2010 STATE & LOCAL GOVERNMENT FINANCE CONFERENCE

November 2010

   
  Conference Registration

 

  Welcome

SMITH’S has been out in front of state & local financing issues since 1992.  Even as the economy recovers, municipal governments will face huge challenges for years to come, including high unemployment, the housing mess, shrinking tax rolls, and increasing demand for services. The editor & publisher of SMITH’S Research & Gradings presents an overview of the sector.

Terence Smith

Editor & Publisher

SMITH's Research & Gradings

 

 

U.S. Economic Review

A discussion about the current condition of the U.S. economy and how it will likely impact state and local government budgets in the coming year.


 

 

 

State of the states

Chief financial officers and government officials provide insight on the challenges state governments face and how they’re dealing with them, from day-to-day operations to aging infrastructure to funding retirement systems.  Will state governments be able to maintain the same level of services going forward given the fiscal environment and the difficulty or inability to raise taxes?

 

 

 

State of the Cities

Local financial officers and officials look at how some of the larger national issues impact city and county governments.  Will municipal governments be able to survive without a federal bailout?   With federal government spending out of control, is there any money left to help states and cities?

 

 

 

Build america bonds

Issuers and investment bankers discuss what they’re learned from the first year of this new and revolutionary program and what they expect going forward. 

 

 

 

Institutional Investor Panel

Some of the top buyers of municipal general obligation bonds discuss their views on the current market and where they’re putting their money.

 

 

 

PUBLIC SECTOR RETIREMENT PROGRAMS

An update on the current state of public sector retirement programs, including investments, pension fund values, and mandates. How will states and cities finance their obligations to pension funding and OPEB?

 

 

DEAL OF THE YEAR

SMITH’S Research & Gradings presents its Deal of the Year award to the most significant financing in the G.O. sector in the past year.  The issuer, investment banker, financial adviser, and credit rating agency involved in the deal discuss the mechanics of the issue.

 

 

LIFETIME ACHIEVEMENT AWARD

SMITH’S Research & Gradings presents its first Lifetime Achievement Award in the general obligation bond category

 

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