Texas Public Finance 2022
Join Glenn Hegar, Comptroller of Public Accounts, Texas for an update on the state's economic forecast.
Mark Zandi, Chief Economist, Moody's Analytics
Michael Ballinger, Publisher, The Bond Buyer; Leonard Jones, Managing Director - US Public Finance Group, Moody's Investors Service; Noé Hinojosa, Jr., Chairman, President, and Chief Executive Officer, Estrada Hinojosa & Co., Inc.; Lloyd Pepperl, Head of Relationship Management, Moody's Investors Service
The massive snowstorm that hit Texas in February 2021 brought to light the state's unique energy challenges. It also gave the rest of the country a glimpse of the trouble that climate change could bring for power grids all over the U.S. As climate change accelerates, many electric grids will experience severe weather events that are well beyond the historical conditions for which they were built, which places them at risk of catastrophic failure. In this session, we will investigate the risks and solutions that will have an impact on this sector.
Our panel of issuers will share their insights into the current state of the public finance sector and the road ahead. Topics of discussion will include the economic growth, total issuance, taxable municipals, state and local government credit conditions, growing focus on ESG factors and more.
Considering the feds’ activity, current inflation levels and the pandemic, how does the buy-side view investing under these circumstances?
The panel discussion will focus on the growing frequency of cyber-attacks and the serious risks they pose to public finance agencies. One of those serious risks is the financial risk that could have an effect on municipal credit quality. Our panel of experts will examine the tangible and intangible costs of cyber breaches and potential risk-mitigation strategies that municipalities can implement.
As statistics continuously show that a diverse workforce has better outcomes, the discussion will center on what has been done thus far and what else needs to be done to diversify the workforce in the muni sector.
This session will cover our view of the education sector, namely higher education institutions ( public and private), charter schools, and community colleges. Our panelists will also discuss the impact of key issues facing the sector like inflation, exhaustion of federal aid, and upcoming elections.
The pandemic in certain ways sped up the municipal market’s use of technology. How are participants using technology in a market that often lags others in this space? Additional points of discussion will include: Electronic trading Machine learning and AI
This session will cover the recent pension funding improvements at the state and local levels after a combination strong asset returns as well as benefit changes. Our panelists will also discuss the risks that inflation, equity market turbulence, and rising interest rates pose to governments via their pension systems.
The U.S. municipal healthcare sector has been quite resilient in the face of the COVID-19 pandemic. Our panelists will discuss opportunities and challenges in the sector as it continues its rebound from pandemic pressures.
The panel discussion will provide an outlook for the housing sector in the year ahead as well as highlight some of the most pressing issues facing the housing market in Texas.
Due to a rise in global awareness of ESG factors, socially responsible bond issuances have grown rapidly over the past decade, and will their popularity continue to expand? In this session, we will explore: (1) Will the municipal sector embrace the global trend toward greater transparency in financing public infrastructure assets; and (2) How will investors evaluate the qualitative environmental credentials of these projects relative to other green fixed-income investments? (3) As the area gains momentum and investors demand ESG designations for their portfolios, how are pricing and evaluations, and the traders who use them, factoring in ESG into their models?
Join our market leaders as they present their viewpoints on the macroeconomic picture and prospects for the U.S. muni market.
During this panel discussion, our experts will give a recap of the developments in the last legislative session. Additionally, they will identify what the pressure points are as well as legislative priorities for the state and their impact on Texas public finance in the upcoming year. Senate bill 19 and 13 Revenue and economic development Public initiatives and housing Resilience planning
The infrastructure law brings $550 billion to the municipal finance market. Our panelists will discuss how the market can integrate the infrastructure dollars to bolster the broader municipal industry. A portion of the discussion will focus on the bill's impact on the Texas market specifically.
The massive snowstorm that hit Texas in February 2021 brought to light the state's unique energy challenges. It also gave the rest of the country a glimpse of the trouble that climate change could bring for power grids all over the U.S. As climate change accelerates, many electric grids will experience severe weather events that are well beyond the historical conditions for which they were built, which places them at risk of catastrophic failure. In this session, we will investigate the risks and solutions that will have an impact on this sector.