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Policy Studies

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  • Contracting Mass Transit Services
    Contracting Mass Transit Services

    Transit contracting should always follow three principles: guaranteeing public control, promoting competition, and ensuring transparency.

    Policy Brief by Baruch Feigenbaum and Joe Hillman December 29, 2020

  • Contracting Mass Transit Services: A How-to-Guide
    Contracting Mass Transit Services: A How-to-Guide

    This how-to guide shows how to successfully contract for mass transit services.

    How-to-Guide by Baruch Feigenbaum and Joe Hillman December 29, 2020

  • Assessing the Results of the High-Speed Intercity Passenger Rail Program
    Assessing the Results of the High-Speed Intercity Passenger Rail Program

    This report offers a detailed review of the most recent attempt to boost passenger rail by funding high-speed rail projects and improving service in Amtrak corridors.

    Policy Study by Wendell Cox December 3, 2020

  • Defined Benefit Plans: Best Practices in Incorporating Risk Sharing
    Defined Benefit Plans: Best Practices in Incorporating Risk Sharing

    Public pension risk sharing can increase plan solvency, provide better accountability, and lessen the burden that unfunded liabilities have on taxpayers.

    Policy Brief by Ryan Frost December 2, 2020

  • Defined Contribution Plans: Best Practices in Design and Utilization
    Defined Contribution Plans: Best Practices in Design and Utilization

    If properly designed, defined contribution plans can meet the employee retirement needs of today’s evolving and dynamic public sector workforce.

    Policy Brief by Richard Hiller, Raheem Williams and Leonard Gilroy December 2, 2020

  • 25th Annual Highway Report
    25th Annual Highway Report

    The 25th Annual Highway Report measures the condition and cost-effectiveness of state-controlled highways in 13 categories, including pavement condition, traffic congestion, fatalities, and spending per mile.

    Annual Highway Report by Baruch Feigenbaum, Spence Purnell and Joe Hillman November 19, 2020

  • New Mexico Educational Retirement Board Pension Solvency Analysis
    New Mexico Educational Retirement Board Pension Solvency Analysis

    New Mexico's Educational Retirement Board has $7.9 billion in unfunded pension liabilities.

    Policy Study by Leonard Gilroy, Anil Niraula, Truong Bui and Steven Gassenberger November 16, 2020

  • Louisiana State Employees’ Retirement System (LASERS) Pension Solvency Analysis
    Louisiana State Employees’ Retirement System (LASERS) Pension Solvency Analysis

    The Louisiana State Employees' Retirement System has only 64 percent of the assets needed to fully fund the pension system.

    Policy Study by Leonard Gilroy, Anil Niraula and Steven Gassenberger November 9, 2020

  • Teachers’ Retirement System of Louisiana Pension Solvency Analysis
    Teachers’ Retirement System of Louisiana Pension Solvency Analysis

    The latest, official numbers reveal that the Teachers’ Retirement System of Louisiana now has over $10 billion in unfunded pension liabilities.

    Policy Study by Leonard Gilroy, Anil Niraula and Steven Gassenberger November 9, 2020

  • Inform: Give Stakeholders The Information They Need to Make Sound Education Funding Decisions 
    Inform: Give Stakeholders The Information They Need to Make Sound Education Funding Decisions 

    Financial transparency can help leaders get the most out of education dollars while shining light on their spending decisions.

    Policy Brief by Aaron Garth Smith and Christian Barnard October 29, 2020

  • Empower: How to Put Families and School Leaders in the Driver’s Seat
    Empower: How to Put Families and School Leaders in the Driver’s Seat

    Policymakers should let those who are closest to kids decide how education dollars are spent, and families should be given options outside of their residentially-assigned public schools.

    Policy Brief by Aaron Garth Smith and Christian Barnard October 29, 2020

  • Equalize: Education Funding Policies That Put All Kids on a Level Playing Field
    Equalize: Education Funding Policies That Put All Kids on a Level Playing Field

    Education dollars should be equalized to ensure that funding is based on students, not property wealth or zip code.

    Policy Brief by Aaron Garth Smith and Christian Barnard October 29, 2020

  • Streamline: How to Allocate Education Dollars Strategically
    Streamline: How to Allocate Education Dollars Strategically

    Education dollars should be allocated based on students’ needs using a weighted-student formula so that funding is fair, portable, and transparent.

    Policy Brief by Aaron Garth Smith and Christian Barnard October 29, 2020

  • A Student-Centered Funding Roadmap for Policymakers
    A Student-Centered Funding Roadmap for Policymakers

    Student-centered funding models treat every child more fairly, better recognize individuality, and allow for innovation and progress.

    Policy Brief by Aaron Garth Smith and Christian Barnard October 29, 2020

  • Teacher Retirement System of Texas Solvency Analysis
    Teacher Retirement System of Texas Solvency Analysis

    Investment returns failing to meet unrealistic expectations have been the largest contributor to the public pension plan's unfunded liabilities, adding over $30 billion in debt since 2001.

    Policy Study by Leonard Gilroy, Zachary Christensen and Steven Gassenberger October 29, 2020

  • Arizona Public Safety Personnel Retirement System Solvency Analysis
    Arizona Public Safety Personnel Retirement System Solvency Analysis

    Recent reforms to the public safety personnel public pension system are showing significant savings and increased retirement security for employees.

    Policy Study by Leonard Gilroy, Zachary Christensen and Ryan Frost October 28, 2020

  • Planning For Potential Budget Cutbacks In Michigan: Sustainable School Finance Solutions
    Planning For Potential Budget Cutbacks In Michigan: Sustainable School Finance Solutions

    Even in a constrained fiscal environment, Michigan can improve education funding equity and better empower local school leaders.

    Policy Brief by Aaron Garth Smith and Christian Barnard October 27, 2020

  • Pension Reform for the New Normal Economy—Examining Colorado’s Successful Model
    Pension Reform for the New Normal Economy—Examining Colorado’s Successful Model

    Colorado's 2018 pension reforms put the state on track to have its public employee retirement system fully funded in 30 years.

    Policy Study by Zachary Christensen October 19, 2020

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