Capital Planning Done Right
Recorded On: 06/02/2020
Governments have developed multiple year plans for many years, but for many the plans were not comprehensive and often represented wish lists that changed from year to year based on political considerations or the influence of outspoken citizen groups. To develop a true multi-year capital plan, governments need a structured approach to capturing capital needs, identifying both capital and operating financial impacts, prioritizing project requests, and developing appropriate funding strategies. Speakers in this session will highlight GFOA's best practice and provide case study examples of multi-year planning in governments of varying sizes, types, and complexity.
Director of Finance, City of Lake Forest
Elizabeth Holleb has served as the Director of Finance/Treasurer, for the City of Lake Forest, Illinois, since 2012. She has her BS in Accounting from Ball State University and is a Cum Laude graduate of the Honors College. She is a Certified Public Accountant with more than 30 years of work experience in municipal finance. Previous employers include the Government Finance Officers Association, the Village of Oak Park Illinois, the City of SeaTac Washington and the City of Highland Park Illinois.
Current professional contributions include serving on the GFOA Governmental Budgeting and Fiscal Policy Committee, the Illinois Government Finance Officers Association Executive Board, and the Intergovernmental Risk Management Agency’s Administration and Finance Committee. In 2020, Elizabeth was appointed by Governor Pritzker to serve on the 9-member Transition Board to the Illinois Police Officers Pension Investment Fund. She has previously served in various roles with the Illinois Metropolitan Investment Fund Board of Trustees, including Chairman from 2009-2012.
Management Services Director |CFO, City of Chandler
Dawn Lang has been with the City of Chandler Arizona (population 265,000) for over 13 years, appointed as Management Services Director in January 2012. Dawn is the Chief Financial Officer for the City, responsible for overseeing multiple divisions including Accounting, Budget, Tax and Licensing, Utility Services and Purchasing.
Dawn has over 22 years’ experience in municipal government finance and has served on the national Government Finance Officers Association’s (GFOA) Executive Committee, previously on the GFOA committee of Budget and Fiscal Policy, and Accounting, Auditing and Financial Reporting. Prior to coming to Chandler, Arizona, Dawn was the Finance Officer for a small City in Oregon, and then became the Assistant Finance Director, then Budget Director for the City of Dubuque, Iowa (population 60,000) for 7 years. Prior to her career in municipal government finance, she obtained experience in trust accounting (including retirement and pensions), public accounting, and tax and corporate finance. Dawn obtained a Bachelor of Science degree in Business and Accounting from Montana State University – Billings and has her CPA.