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Now live! Explore the program for the upcoming 2024 Global Conference, taking place May 5-8, 2024.

Public Finance

Public Finance
Building a center of gravity for innovation, applied research, and equitable opportunities in the $4 trillion state and local sector of the US economy


The Excellence and Equity in Public Finance Program (PFIN) is a solutions and innovation platform for investors, issuers, and policymakers in the $4 trillion public sector focused on place-based strategies and innovative partnerships. Program support for the Milken Institute's PFIN program has come from the Families and Workers Fund, Ford Foundation, Heron Foundation, Irvine Foundation, Kresge Foundation, Robert Wood Johnson Foundation, and the Economic Development Administration. The program’s work is guided by our Advisory Council and project implementation partners.


Americans work for local and state government, making it the largest sector of employment.


Separate jurisdictions, units of government, and special purpose authorities that issue municipal bonds in the US.


Outstanding taxable and tax-exempt debt financing that makes it the largest sub-sovereign credit market in the world

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To learn more about Public Finance at the Milken Institute, email us at [email protected].