Michael A. Pagano, interim dean of the CBA, recently participated in a Financial Innovation Lab at Milken Institute titled, “Opportunities for Restructuring in State and Municipal Finance.” Pagano participated in the segment, Scope of the Problem, and presented “The City Fiscal Backdrop.”
Dean Pagano said that 2010 will mark the first time since the Great Depression that all three general city tax sources – income, sales, and property taxes – will decline across the board. Read more about the event here.
Results from the Lab will be published in a full report. For more information, contact Caitlin MacLean, manager of Financial Innovations Labs, at cmaclean@milkeninstitute.org.
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