In episode 5 of PMP we interview Tom Kozlik, Head of Public Policy and Municipal Strategy at Hilltop Securities where we discuss the results of the Public Finance Leaders' Survey and the consequences of AI on Muni Bonds - from yields to infrastructure.

In episode 4 our guest is Andrew Kim who is a Director at PTMA Financial. We discuss financing state and local debt through bond issuance, delve deeper in to negotiated and competitive sales, and underappreciated and overemphasized credit risks by rating agencies. We also discuss financial challenges local governments would face in the coming decade.

In episode 3 of Public Money Pod, we interview Mark McAvoy, city administrator of Liberty Lake, Washington. A young city but old problems persist. In the interview we discuss how Liberty Lake is using the "Readiness Assessment" tool to approach its budgeting and planning as it approaches its first major infrastructure replacement cycle. The episode also explores the using surveys to get feedback from constituents in the quality of services provided by Liberty Lake.

In our second episode of season 4, we're in DC for the at the GFOA conference. We discuss topics in cyber risk in state and local governments and effects on the muni bond market. We are here with our guest David Erdman, who is managing director of Baker Tilly Municipal Advisors, LLC and been on the public finance industry for more than three decades. David is an active advocate and leader for municipalities in the municipal bond market and was a past member of the GFOA's Committee on Governmental Debt Management,

In our season 4 premier, we're in DC for the at the GFOA conference. In this episode we discuss challenges and opportunities around performance budgeting, cost allocation, getting buy-in for some of the challenging issues. Joined by panelists Laura Larsen who became Baltimore’s Budget Director in September 2022 leading a fifteen-member team responsible for developing and implementing Baltimore’s $3.3 billion operating budget and currently serving on the Budget Committee for the Government Finance Officers Association. Michael Mastrobuoni, the current Budget Director for the City of Somerville, Massachusetts responsible or managing the city's annual operating budget and works. Karen Rhodes-Whitley director of budget & research, City of Plano, Texas leading the City of Plano's $1.2 billion operating and capital budget and serves as chair of GFOA's Committee on Retirement and Benefits Administration. And Richard Greene, principal of Barrett and Greene, Inc. who was also the moderator of the panel.

In our Season 3 finale, we're speaking with Massachusetts Treasurer Deborah Goldberg. We asked Treasurer Goldberg about some of her state's programs to address economic mobility, including the Office of Economic Empowerment, which Treasurer Goldberg founded. We also talked about how financial education is being taught statewide, how the current interest rate environment affects her approach to investing and reserve funds, and of course, we hear about some of the Treasurer's best unclaimed property stories, including one involving a Red Sox legend! In Ripped from the Headlines, we discuss a story about efforts in Jackson, Mich. to replace lead pipes, and how states and localities around the country are funding programs like these.

This week, we're joined by Ben Keys, Professor of Real Estate and Finance at the Wharton School of Business at the University of Pennsylvania (and former faculty at the University of Chicago Harris School of Public Policy). We spoke with Ben about a wide variety of issues surrounding the intersection of housing policy, insurance markets, and climate change, including how volatile weather is changing insurer behavior, the role of reinsurance, and what current and future federal policy might mean for state and local markets. In Ripped from the Headlines, we discuss a pair of stories investigating areas with too-low home insurance prices and how that is leading some insurers to leave markets where the risk of climate-related home damage is particularly acute.

This week, we welcome back Jennifer Johnston, Senior Vice President and Director of Municipal Bond Research at Franklin Templeton. We wanted to get a sense for the causes and conditions behind municipal market volatility, including what affects issuer and investor behavior on both the retail and institutional sides of the market. We also talk about how today's volatility compares historically with times such as the Great Recession and Covid, the role of technology in servicing funds, and what makes the muni market unique in Jennifer's home state of California. In Ripped from the Headlines, we discuss how current tax reform is sitting with investors and issuers, and how public finance professionals decide when to go to market.