Public Money Pod

We visit with Yale law professor David Schleicher about his new book, In a Bad State: Responding to State and Local Fiscal Crises. We talk about why the tradeoffs when cities address fiscal distress, how the Chapter 9 process could be improved, and why Arkansas is the American Argentina. In Ripped from the Headlines, Liz talks about her reporting on Chester, Pennsylvania's receivership and the political fallout of a municipality declaring bankruptcy.

We examine the ever-evolving relationship between state/local procurement and finance. Mariel Reed of Pavilion joins us to explore the interface of state/local procurement, technology and public finance. She explains how procurement can be a strategic resource and change agent, when procurement can make money, and what state/local government and tech companies can learn from each other, among many other topics. In Ripped from the Headlines we discuss how New York State - and other states and localities - use procurement processes to connect with historically underserved communities.

We continue our conversations with state Treasurers, this time with Michigan Treasurer Rachael Eubanks. She explains how appointed treasurers are different, how her office is helping to "Fix the Damn Roads," forecasting revenues in an uncertain economy, and why spiffing up your vacation cottage is good tax policy, among lots of other topics. In Ripped from the Headlines we discuss South Carolina's $3.5 billion cash mishap.

We talk to Casey Kopcho, principal auditor in the Oregon Secretary of State's office. He shares his thoughts on the risks, opportunities and outlook for artificial intelligence in state government, with emphasis on AI and election integrity, how we might regulate AI; and why Furbees are the original AI, among many other topics. In Ripped from the Headlines, we talk about a piece that covers Nebraska's AI and Democracy Summit.

In this week's episode, we're talking to Dr. Marguerite Roza, Professor and Director of the Edunomics Lab at Georgetown University's McCourt School of Public Policy. We asked Dr. Roza to help distill the complex state-level funding formulas that determine where and how education dollars are directed, and the highly localized decisions that school districts make in spending the funds they receive. We also talked about post-pandemic trends in education, including an imbalance in staffing and enrollment, challenges to improving reading instruction, and the role of the federal government in education finance. In Ripped from the Headlines, we discuss a school funding formula change in New Mexico and shed some light on why these formula changes are so rare.