Join the conversation at this free, half-day forum bringing together municipal and data standards experts.
Data standards improve the efficiency of regulatory disclosures by U.S. public companies and banks, but have not been implemented for state and local government reporting. This forum, featuring speakers from Americans for Financial Reform, the Do Good Institute, The Pew Charitable Trust, U.S. Census, the Office of Financial Research, U.S. Treasury, and more, will initiate a dialogue about how financial data standards can help states and municipalities improve the efficiency of reporting, reduce cost, and provide reporting entities with better data to set policy. Standardized data will give municipal securities analysts the tools to make better investment decisions and fund needed local government programs.
Presentations from the program:
- The Pew Charitable Trust, Adrienne Lu: PewCharitableTrust Presentation – Municipal Finance Data Forum 4-24-19
- Pennsylvania State University, Kimberly Cornaggia: Pennsylvania State University – Municipal Finance Data Forum 4-24-19
- Do Good Institute, University of Maryland School of Public Policy, Nathan Dietz, PhD: Do Good Institute – Municipal Finance Data Forum 4-24-19
Government representatives, municipal investors, tool and service providers in the public sector, should all attend.
Attendance is free but space is limited and registration is required. The forum will be followed by a meeting of the XBRL US State & Local Government Disclosure Modernization Working Group.
|9:30 – 10:00 AM||Registration Check-in|
|10:00 – 10:10 AM||Welcome & Introductions
Speaker: Campbell Pryde, President and CEO, XBRL US, Inc.
|10:10 – 10:30 AM||The Successful Effort to Open Up Non-Profit Data and its Implications for Government Data
Speaker: Nathan Dietz, PhD, Associate Research Scholar, Do Good Institute, University of Maryland School of Public Policy
|10:30 – 10:50 AM||U.S. Census Bureau on Collecting State & Local Financial Data: Challenges, Opportunities
Speaker: Stephen Owen, Public Sector Specialist, U.S. Census
|10:50 – 11:10 AM||Municipal Bond Market Regulation: Implications for Transparency
Speaker: Marcus Stanley, Policy Director, Americans for Financial Reform
|11:10 – 11:30 AM||Why is the Cost of Credit Higher for Municipalities? Could Standards Change the Paradigm?
Speaker: Kimberly Cornaggia, Associate Professor of Finance, Penn State Smeal College of Business
|11:30 – 11:50 AM||Demonstration of Draft CAFR Taxonomy and Sample Inline XBRL CAFR
Speaker: Marc Joffe, Senior Policy Analyst, Reason Foundation
|11:50 – 12:10 PM||Data Standards and the Legal Entity Identifier: Impact on Governments
Speaker: Matthew P. Reed, Chief Counsel, Office of Financial Research, U.S. Treasury
|12:10 – 12:30 PM||How State Oversight Groups Use Government Data for Fiscal Health Analysis
Speaker: Adrienne Lu, Associate Manager, State and Local Fiscal Health, The Pew Charitable Trusts