2023 Annual Conference Sessions: Rethinking Revenue
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Sessions for Sunday, May 21
Rethinking Property Tax Assessments
Sessions for Monday, May 22
Putting Assets to Work: Unlocking Value from Publicly-Owned Real Estate
Over the last year, GFOA’s “Putting Assets to Work” policy incubator, worked alongside six local governments to assess opportunities and develop policy tools to adapt for North American jurisdictions the “Urban Wealth Fund” concepts common in European and Asian cities. An Urban Wealth Fund is a mechanism for creating on-going revenue streams from underutilized public sector assets without privatizing the asset. The goal is to create new revenue streams to address our most persistent challenges, such as affordable housing, climate resiliency, and reinvigorating our cities’ infrastructure. Participants in the incubator will share their experiences and highlight exciting new opportunities for local governments to derive greater value from their assets. We’ll also discuss how your government can get involved in the incubator as we build on the successes of our first participants.