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Austin Root is an associate in Ice Miller’s Municipal Finance Group. He acts as bond counsel and disclosure counsel to governmental entities throughout the State of Illinois including school districts, cities, villages, counties, park districts, and special districts and as underwriter's counsel to various municipal bond underwriters.

Austin regularly serves clients on municipal finance transactions, including issuers and underwriters of general obligation bonds, revenue bonds, special service area bonds, tax increment bonds, industrial development revenue bonds, and Section 501(c)(3) revenue bonds. In addition, he counsels both public and private entities on municipal and state governmental matters, including tax increment financing, special service areas, contract procurement, and cannabis licensing. Recently, he represented two social equity recreational cannabis applicants in their successful applications for dispensary licenses.

Austin received his Bachelor of Science in Business Administration, cum laude, from the University of South Carolina in Columbia, South Carolina, where he majored in finance and minored in economics. During his undergraduate career, he was a member of the Alpha Lambda Delta National Honor Society and Phi Sigma Kappa Fraternity.

In 2016, Austin graduated magna cum laude from the University of Illinois College of Law in Champaign, Illinois. While in law school, he served as the Managing Editor of the Illinois Business Law Journal, a member of the Student Legal Relief Organization, and a Research Assistant for Charles J. Tabb. He also participated in the American Bar Association Negotiation Competition.

Austin joined Ice Miller in September 2016 and is licensed to practice law in the State of Illinois.

Speaking Engagements
  • “The Partners Involved,” CDFA, August 4-5, 2021
  • “Issuing Bonds Utilizing Tax Increment Finance and Special Service Areas,” Illinois Government Finance Officers Association, April 22, 2021
  • “Tax-Exempt Bonds and Arbitrage,” CDFA, August 12-13, 2020
  • "New Tools for a New Decade," South Suburban Economic Development Incentive Event, March 5, 2020
  • “Combining & Leveraging TIF with Other Tools,” CDFA, August 15-16, 2019
  • “Understanding TIF Bond Financing,” CDFA, August 15-16, 2019
  • “Update on Illinois Bond Market & Financing Structure,” South Suburban Economic Development Incentives Event, March 7, 2019
  • "Debt Issuance - The Process and The Players," Illinois Government Finance Officers Association, June 21, 2018
  • "Basic Legal Requirements on Municipal Bond Issues," Illinois Government Finance Officers Association, June 21, 2018
  • "Multi-State TIF Comparisons (Indiana/Illinois/Ohio/Wisconsin)," Illinois Tax Increment Association Spring 2018 Conference, April 4-6, 2018
  • “The Partners Involved in Every Bond Transaction,” CDFA, August 8-9, 2017

 
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