- Details: The International City/County Management Association (ICMA), through its Governmental Affairs and Policy Committee (GAPC), and The Government Finance Officers Association (GFOA) are seeking proposals to develop a policy white paper: ‘Infrastructure Financing: A Guide for Local Government Managers.’
While municipal bonds continue to be a major source for financing state and local infrastructure, local government managers must be aware of the range of other mechanisms that can be used to fund infrastructure development.
This white paper aims to provide an overview for local government managers on the range of financing vehicles that can be used, alone or in combination, to develop and maintain infrastructure assets: municipal bonds; intergovernmental transfers; public/private partnerships; privatization; private sector and foundation investments and grants; crowdfunding; social impact bonds; green bonds; and other approaches. The paper will also discuss the restrictions, or lack thereof, that jurisdictions place on the usage of certain funding options.
ICMA is the premier local government leadership and management organization. Its mission is to create excellence in local governance by advocating and developing the professional management of local government worldwide. GFOA represents over 18,000 public finance officials, serving as a leadership and training resource to governments across the country.
This white paper is part of an ongoing series designed to (1) explore key policy issues from a local government management perspective; (2) raise new ideas and perspectives that will influence and shape public policy discussions at the local, state, and federal levels; and (3) support federal advocacy on behalf of counties, cities and towns.
- Process for Developing the White Paper: ICMA’s GAPC and GFOA will supervise development of the paper by providing feedback on drafts, ensuring that key issues are addressed, and advising on management perspectives. The final paper should be no more than 15-20 pages in length and must be completed by August 15, 2016.
- Budget: ICMA will pay a $5,000 stipend to the selected author. In addition, authorship of this paper will provide national exposure on a major policy issue.
- Proposal Requirements: All proposals must be submitted no later than February 26, 2016 to: Joshua Franzel, ICMA, firstname.lastname@example.org
- Proposals should be no longer than two pages and should describe:
- The overall approach the researcher will take to develop the paper and the main components/sections and outline of the paper.
- The researcher’s academic preparation and experience with the topic.
- Why the researcher is uniquely qualified to prepare this paper and ensure that it meets ICMA and GFOA goals.