Advanced Course

Monday, July 27, 2026

Time Session
 7:30 - 8:30 AM Breakfast and Welcome Announcements
8:30 - 10 AM KEYNOTE: Economic Update
Matthew Slaughter
10 - 10:25 AM Break
10:30 AM - 12 PM Property Tax Reform: The Good, The Bad, and The Ugly
Abir Mandal, Senior Policy Analyst Tax Foundation
12 - 1 PM Lunch
1 - 2 PM Cost of Capital: Current Environment & Latest Size Premium Research
Anas Aboulamer, Director Valuation Digital Solutions, Kroll LLC
 2 - 2:25 PM Break
2:30 - 3:30 PM Advanced Topics- Income Approach Identifying and Valuing Intangibles
Carl Hoemke, Avalara and Keith Roper, Kroll LLC
3:40 - 4:40 PM Hot Topics of Renewable Valuation and Beyond
Jim Nutter, Managing Director Stout
4:50 PM Bus leaves for Marriott 
5:45 PM Meeting of State Participants
6 PM Reception 

Tuesday, July 28, 2026

Time Session
 7:30 - 8:30 AM Breakfast and Welcome Announcements
8:30 - 10 AM KEYNOTE: Political Trends & Policy Changes
Beth Sanner 
10 - 10:25 AM Break
10:30 AM - 12 PM Legal Update
David Crapo and Breann Robowski
12 - 1 PM Lunch
1 - 2 PM Advanced Topics- The Market Approach – Challenges in Application to Complex Tangible Assets
Hal Heaton
 2 - 2:25 PM Break
2:30 - 3:30 PM Advanced Topics-Impact of Increasingly Severe Weather on Utility Valuation
Jon Sperring, PWC 
3:40 - 4:40 PM Advanced Topics- 3 is 2; 2 is 1; 1 is 0: Correlating the Three Approaches to Value
Shaun Kalscheur, Director, Kroll
4:50 PM Bus leaves for Marriott 
6 PM Reception 

Wednesday, July 29, 2026

Time Session
 7:30 - 8:30 AM Breakfast and Welcome Announcements
8:30 - 10 AM KEYNOTE: Experience the Extraordinary
Craig Karges 
10 - 10:25 AM Break
10:30 AM - 12 PM Who Pays for It:  A Look at Large-Load Customers and the Data Behind the Narrative
Shelby Mann, American Power and Scott Mitchel, DMA
12 - 1 PM Lunch
1 - 2 PM

Concurrent Sessions

Passenger Airline Industry Update
Doug Kelly, CEO, AVITAS

Beyond the Balance Sheet: Valuing What You Can't Touch
Bryan Crane and Daniel Kistler, KE Andrews

 2 - 2:25 PM Break
2:30 - 3:30 PM

Concurrent Sessions

Navigating the 4 R Act: Keeping Railroad Property Taxation on Track
Misty Kelley and John Phillips, Baker Donelson

$42 Billion BEAD Broadband Program Update
Jim Stegeman or Tom Coffey

3:40 - 4:40 PM

Concurrent Sessions

Tariffs, Tax Credits, and Their Impact on Property Valuation
Kevin Reilly and Jay Dobson

Practical Valuation Applications of AI
Carl Hoemke and Alex Volakis, Avalara

4:50 PM Bus leaves for Marriott 
6 PM Reception 

Thursday, July 30, 2026

Time Session
8 - 10 AM Breakfast
8 - 10 AM INDUSTRY ROUNDTABLES:
Electrics
Transportation
Pipeline
Communication

Principles Course

Monday, July 27, 2026

Time Session
8:30 - 10 AM KEYNOTE: Economic Update
Matthew Slaughter
10 - 10:25 AM Break
10:30 AM - 12 PM Course Introduction and Objectives
Andrew Davis and Tom Flowers
12 - 1 PM Lunch
1 - 2 PM Cost Approach - Part 1
Jim Stegeman and Tom Coffey
2 - 2:25 PM Break
2:30 - 3:30 PM Cost Approach - Part 2
Jim Stegeman and Tom Coffey
3:30 - 4:30 PM Break
3:40 - 4:40 PM Cost of Capital - Part 1
Dr. Hal Heaton
4:50 PM Bus leaves for Marriott

Tuesday, July 28, 2026

Time Session
8:30 - 10 AM KEYNOTE: Geo Political Trends & Policy Changes
Beth Sanner
10 - 10:25 AM Break
10:30 - 11 AM Cost of Capital - Part 2
Dr. Hal Heaton
11 AM - 12 PM Income Approach - Part 1
Ruben Miranda
12 - 1 PM Lunch
1 - 2 PM Income Approach - Part 2
Ruben Miranda
2 - 2:25 PM Break
2:30 - 3:30 PM Market Approach Sales Comparison & Stock & Debt - Part 1
Ryan Ivey
3:30 - 3:40 PM Break
3:40 - 4:40 PM Market Approach Sales Comparison & Stock & Debt - Part 2
Ryan Ivey
4:50 PM Bus leaves for Marriott

Wednesday, July 29, 2026

Time Session
8:30 - 10 AM KEYNOTE: Experience the Extraordinary
Craig Karges
10 - 10:25 AM Break
10:30 AM - 12 PM Case Study - Calculation of Unitary Valuation
Annette Crawford, Dr. Hal Heaton, Ruben Miranda, Jim Stegeman, Tom Coffey, Ryan Ivey
Moderator: Gary Hunter
12 - 1 PM Lunch
1 - 2 PM Case Study - Reconciliation of Final Unitary Valuation & Appraisal
Chris Olmsted
Moderator: Gary Hunter
2 - 2:25 PM Break
2:30 - 3:30 PM Unit Principle - Writing the Appraisal Report
Chris Olmsted
3:30 - 3:40 PM Break
3:40 - 4:40 PM Preparing for Legal Proceedings
Johnny Deeds
4:50 PM Bus leaves for Marriott