The Bond Buyer's
SYMPOSIUM ON DISTRESSED MUNICIPALITIES

March 18-19, 2013 • Omni Providence Hotel* • Providence, RI

More Than 225 Participants

Turning the Page on Fiscal Distress:
A Map for Managers

It’s no surprise that cities, towns, and local governments “can’t go out of business” – but it took the biggest economic downturn since the Great Depression to force public-sector managers and their financial stakeholders to come to terms with the implications of that.

	The Good News: Pessimists’ predictions of a “race to the bottom,” with spiraling numbers of municipal bankruptcies and bond defaults have not come to pass.
	The Bad News: Public-sector financial managers and political leaders find themselves under unprecedented pressure, forced to deal with competing demands from residents, employees, retirees and investors.

But as the economy slowly recovers, the road map for fiscal rebirth is becoming clearer, as well. The Bond Buyer’s Second Annual Symposium on Distressed Municipalities will help policy makers and market participants diagnose the sources of financial distress, identify the proven turnaround strategies that fit for turning them around, and gain practical, peer-level advice on the best tactics for implementing those plans.

Join more than 225 leading municipal finance professionals in Providence, Rhode Island, where political leaders have been forced by necessity to adopt cutting edge solutions -- from a far-reaching pension overhaul that slashed the state’s unfunded liability to workers and retirees, to innovative revenue-raising efforts, including new support from non-profit organizations.

*(formerly the Westin Providence Hotel)