The Bond Buyer, and The Bank of New York Mellon announced they will co-sponsor a pair of full-day educational seminars for state and local government officials who are leveraging the Federal stimulus package to maintain or expand their capital programs. The events will be held in Washington, DC on September 30th, and Chicago on October 7th.
“States and local governments are playing a key leadership role in the American Recovery and Reinvestment Act,” said Troy Kilpatrick, managing director and head of the Corporate and Municipal Finance Groupin The Bank of New York Mellon’s Global Corporate Trust business. “They’re partnering through grants that help maintain spending on key social programs and powerful new financing tools that are unlocking capital funds for crucial public infrastructure. These seminars will give state and local leaders a timely and effective forum for sharing their ARRA experience, especially as it relates to best practices around funding, compliance and transparency.”