1 EARLY WARNING STRATEGIES FOR GOVERNMENTS: NAVIGATING THROUGH TROUBLED TIMES KANSAS GOVERNMENT FINANCE OFFICERS ASSOCIATION OCTOBER 18, 2013 Nancy L. Zielke, Senior Director Alvarez & Marsal Public Sector Services Nancy L. Zielke 1 Senior Director Alvarez & Marsal Public Sector Services, LLC Prior to joining Alvarez & Marsal, Ms. Zielke worked in state and local governments where she served in senior financial and administrative positions (University of Missouri - Kansas City; Unified Government of Wyandotte County/City of Kansas City, Kansas; Kansas City Board of Public Utilities; and the State of Kansas). During her public sector career she led significant organizational change management and process improvement initiatives; redesigned a budgeting for excellence with responsibility centered management; improved procurement practices; consolidated governmental operations including shared services; developed competitive economic development incentive policies; outsourced programs and services; and restructured the financial and operational elements of local governments. Since joining A&M, Ms. Zielke has been a key project leader on numerous public sector financial and operational improvement analyses/studies including: State of LA Department of Revenue; State of South Carolina Department of Employment & Workforce and Department of Health and Human Services; Unified Government of Wyandotte County//Kansas City, Kansas, Maricopa County Community College; San Jacinto Community College; Detroit Public Schools; Pittsburgh Public Schools; Humble Texas Independent Schools District; Kansas City Kansas Board of Public Utilities; Cities of Harrisburg, PA; Leawood, KS; Overland Park, KS; Olathe, KS; Louisburg, KS; Riverside, MO; Louisburg, KS; Lees’ Summit, MO; Huntsville, TX; Seabrook, TX; and numerous other governments. She has been a key project lead on various distressed municipal government financial advisory service projects assisting in measuring the financial health of communities and the development of strategic initiatives to address operating shortfalls. Ms. Zielke has recently served as the acting Deputy CFO for Detroit Public Schools and Interim Director of Planning and Budget for the South Carolina Department of Health and Human Services overseeing transformation of these entities’ budget planning and financial reporting operations. Ms. Zielke received an undergraduate degree in business administration, with concentrations in economics and marketing, from Adrian College, and a master's degree in public administration from the University of Kansas. As an author and speaker, she has made numerous presentations on a wide variety of topics, including strategies for business process improvement, leadership, and best practices in budgeting and resource allocation strategies. She is holds a certification as an Emergency Manager from Michigan State University. Ms. Zielke has been a member of Government Finance Officers Association (GFOA), where she served on the Executive Board for six years and was the elected 2004-2005 National President of GFOA. She is a member of Women in Public Finance, GFOA, Alpha Kappa Psi, and the Kansas University City Management in Training Association and formerly active in the National Institute of Government Purchasing Association and the National Association of College & University Business Officers. She serves as an advisor to the GFOA Governmental Budgeting and Fiscal Policy Standing Committee and a reviewer for the GFOA Awards for Excellence Program. Nancy Zielke is a Senior Director with Alvarez & Marsal Public Sector Services, LLC. With more than 25 years of public sector experience, Ms. Zielke brings deep expertise in state and local government budgeting; operational and financial improvement strategies; and fiscal sustainability planning within complex government organizations. Specializing in providing restructuring and business advice to troubled public sector entities and creditor groups on governmental financial and operational issues, her primary areas of focus include: cost structure and revenue enhancement analysis, financial and operational management, budget redesign and reporting processes, cash flow forecasting, financial modeling, debt capacity analysis, and evaluation of strategic alternatives.
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EARLY WARNING STRATEGIES FOR GOVERNMENTS: NAVIGATING THROUGH TROUBLED TIMES
KANSAS GOVERNMENT FINANCE OFFICERS ASSOCIATION
OCTOBER 18, 2013
Nancy L. Zielke, Senior Director
Alvarez & Marsal Public Sector Services
Nancy L. Zielke
1
Senior Director
Alvarez & Marsal
Public Sector Services, LLC
Prior to joining Alvarez & Marsal, Ms. Zielke worked in state and local governments where she served in senior financial and administrative
positions (University of Missouri - Kansas City; Unified Government of Wyandotte County/City of Kansas City, Kansas; Kansas City Board of
Public Utilities; and the State of Kansas). During her public sector career she led significant organizational change management and process
improvement initiatives; redesigned a budgeting for excellence with responsibility centered management; improved procurement practices;
consolidated governmental operations including shared services; developed competitive economic development incentive policies;
outsourced programs and services; and restructured the financial and operational elements of local governments.
Since joining A&M, Ms. Zielke has been a key project leader on numerous public sector financial and operational improvement
analyses/studies including: State of LA Department of Revenue; State of South Carolina Department of Employment & Workforce and
Department of Health and Human Services; Unified Government of Wyandotte County//Kansas City, Kansas, Maricopa County Community
College; San Jacinto Community College; Detroit Public Schools; Pittsburgh Public Schools; Humble Texas Independent Schools District;
Kansas City Kansas Board of Public Utilities; Cities of Harrisburg, PA; Leawood, KS; Overland Park, KS; Olathe, KS; Louisburg, KS;
Riverside, MO; Louisburg, KS; Lees’ Summit, MO; Huntsville, TX; Seabrook, TX; and numerous other governments.
She has been a key project lead on various distressed municipal government financial advisory service projects assisting in measuring the
financial health of communities and the development of strategic initiatives to address operating shortfalls. Ms. Zielke has recently served as
the acting Deputy CFO for Detroit Public Schools and Interim Director of Planning and Budget for the South Carolina Department of Health
and Human Services overseeing transformation of these entities’ budget planning and financial reporting operations.
Ms. Zielke received an undergraduate degree in business administration, with concentrations in economics and marketing, from Adrian
College, and a master's degree in public administration from the University of Kansas. As an author and speaker, she has made numerous
presentations on a wide variety of topics, including strategies for business process improvement, leadership, and best practices in budgeting
and resource allocation strategies. She is holds a certification as an Emergency Manager from Michigan State University.
Ms. Zielke has been a member of Government Finance Officers Association (GFOA), where she served on the Executive Board for six years
and was the elected 2004-2005 National President of GFOA. She is a member of Women in Public Finance, GFOA, Alpha Kappa Psi, and the
Kansas University City Management in Training Association and formerly active in the National Institute of Government Purchasing
Association and the National Association of College & University Business Officers. She serves as an advisor to the GFOA Governmental
Budgeting and Fiscal Policy Standing Committee and a reviewer for the GFOA Awards for Excellence Program.
Nancy Zielke is a Senior Director with Alvarez & Marsal Public Sector Services, LLC.
With more than 25 years of public sector experience, Ms. Zielke brings deep expertise
in state and local government budgeting; operational and financial improvement
strategies; and fiscal sustainability planning within complex government organizations.
Specializing in providing restructuring and business advice to troubled public sector
entities and creditor groups on governmental financial and operational issues, her
primary areas of focus include: cost structure and revenue enhancement analysis,
financial and operational management, budget redesign and reporting processes, cash
flow forecasting, financial modeling, debt capacity analysis, and evaluation of strategic