About this Episode:

In this episode of Infrastructure Matters, IPWEA CEO David Jenkins speaks with Lunda Asmani (GFOA President) and Ashay Prabhu (International Advisor, GFOA) for a deep dive into the intersection of finance, infrastructure, and asset management.

Key Takeaways:

• The US faces a significant infrastructure deficit that needs urgent attention
• Municipal financing primarily funds infrastructure, leading to challenges in maintenance and renewal.
• Capital planning is evolving from a five-year to a 25-year perspective due to funding constraints.
• Bonds are a key mechanism for financing infrastructure projects in the US.

About GFOA:

The Government Finance Officers Association (GFOA) , founded in 1906, represents public finance officials throughout the United States and Canada. The association's more than 28,000 members are federal, state/provincial, and local finance officials deeply involved in planning, financing, and implementing thousands of governmental operations in each of their jurisdictions. GFOA's mission is to advance excellence in public finance.

About Lunda Asmani:

Lunda Asmani is the Chief Financial Officer at Norwalk Public Schools, Connecticut. As Chief Financial Officer, Lunda is responsible for the development, implementation, supervision, assessment and effectiveness of all financial and business operations. The CFO oversees the long-range planning, budgeting and fund accounting for the City of Norwalk Public School System $400 million operating, grant and capital budget. Additionally, he plans and conducts internal audits and assists with the independent external audit.

About Ashay Prabhu:

Ashay Prabhu is a global thought leader in Strategic Asset Management. His expertise spans across investment models, financial modeling and lifecycle strategies tailored for government entities at various levels—federal, state, and local. He is currently Founder of Modelve - a government strategic asset management platform and International Advisor GFOA USA.