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MAGNY Webinar - Preparing for the Next Rainy Day: How will States Plan for the Next Economic Downturn?
Friday, May 21, 2021, 12:00 PM - 1:00 PM EDT
Category: Events

MAGNY

Zoom Webinar

Friday, May 21, 2021

Preparing for the Next Rainy Day: How will States Plan for the Next Economic Downturn?

Date: Friday, May 21, 2021

Time: 12:00 - 1:00 pm

Location: Zoom Webinar

Details:

US states have seen unprecedented financial shocks during the pandemic and have benefited from extraordinary federal aid and stimulus.  Have rainy day funds played a significant part in helping US states navigate through the unprecedented financial shocks and extraordinary federal aid and stimulus of the last recession? Were they sized properly going into the recession?  Does the recession hold lessons on sizing rainy day funds going forward?
 
Our panelists will provide insights on how states managed through the current crisis and what lessons they have learned to address future shocks. Shelby Kearns, executive director of NASBO, will discuss how states performed through the pandemic, while Phil Dean, Utah’s recent budget director, will discuss best practices for sizing state reserves for potential future budget shocks.

Moderator:
David Hitchcock
Senior Director
S&P Global Ratings
 
Panelists:
Shelby Kerns
Executive Director
National Association of State Budget Officers
 
Phil Dean
Public Finance Senior Research Fellow
Kem C. Gardner Policy Institute - David Eccles School Of Business

Cost: Free for members of MAGNY and NFMA, $45 for non-NFMA members

CLICK HERE TO REGISTER

Questions? Contact Email: [email protected]



Contact: Leonard Jones - [email protected]