Having trouble viewing this email? Click here for the web version.
GFOA Newsletter
January 12, 2017
EMPLOYMENT ADS  |  TRAINING  |  BEST PRACTICES
image
GFOA and Issuer Groups’ Message to Congress: Munis Build Infrastructure

On January 10, 2017, GFOA and 28 other issuer groups, including our state and local sister organizations, sent a message to the entire Congress in support of the preservation of the tax exemption of municipal bond interest. The message reiterated that the municipal bond is the only infrastructure financing tool that is accessible to jurisdictions of all sizes to effectively access the capital markets. We emphasize that the municipal bond is the best way to effectively implement the infrastructure needs of each community because decision making is made at the local level. Read our letter.

Will you join the effort? Tell us your story!

GFOA continues to develop information for distribution to Congress about the tax exemption on municipal bond interest, including data showing the costs local governments may incur should the tax exemption come under review in comprehensive tax reform.

But the most effective communication comes from you.

What have municipal bonds built in your jurisdiction? Will you share pictures of the projects built by bonds? Jump on the hashtag #BuiltByBonds and @GFOA along with your Congressional representatives. Please let the Federal Liaison Center know of any communication heading up to your senator or representative, or let us know how we can help your efforts. Contact Emily S. Brock
arrow
Read More.
Association News
image
Build Your Professional Network

Building a professional network is important in so many ways, helping you expand your knowledge base, stay current on industry trends, keep in touch with colleagues, share lessons learned, and raise your professional profile both in and outside of your organization. Networking gives you opportunities for career growth. It's relatively easy  to identify a “network” on Facebook, LinkedIn, Twitter, or other social networking sites, but building and maintaining a truly useful network requires a real investment—and that creates challenges for many finance officers.  

GFOA’s Building Your Professional Network seminar, scheduled for May 20, 2017, in Denver, Colorado, will help by providing strategies all finance officers can implement to make useful connections and get the most out of social networking. It will also explore some other less common places for developing effective professional relationships. In addition, speakers will discuss how to successfully use your network and relationships to help accomplish goals within your organization and in your career. Read the course agenda.

This is one of eight full- or half-day preconference seminars that will be offered on Friday, May 19, and Saturday, May 20, at the Colorado Convention Center. 
arrow
Read More.
Awards for Excellence Deadline Extended to January 20

Share your best ideas with GFOA. Has your government come up with an innovative way of funding its pension liabilities? Recently completed a pioneering project with a demonstrated positive economic impact? Created investing policies and practices for public funds? Or perhaps your financial transparency project has taken a groundbreaking approach to helping stakeholders access financial information? Developed inventive technology for budgeting, or citizen portals and links to back-office systems? Whatever area your government has excelled in, we invite you to share your innovations with GFOA by submitting an application for the 2016 Awards for Excellence.

Winning GFOA’s Award for Excellence is an honor — the highest level of professional acknowledgement within the public finance profession today. Winners also can be proud that their creativity and innovation will provide examples for other jurisdictions to follow, promoting best practices in government finance.

The deadline for entries has been extended to January 20, 2017.

arrow
Read More.
Find Out More about Trends in Citizen Involvement

Good public participation practices can help make governments more accountable and responsive, and they can improve the public’s perception of governmental performance and the value the public receives from the government. Stakeholder input is recommended throughout the planning and budgeting process, and more and more, governments are soliciting citizen involvement for decisions about service levels and preferences, community priorities, and organizational performance.

GFOA’s Trends in Citizen Involvement webinar, January 19, 2017, from 2 to 4 p.m. (Eastern), will show participants how to avoid superficial or poorly designed citizen engagement efforts that simply waste valuable staff time and financial resources. Learn how to design an effective and well-implemented public participation process, determine the public’s overall perspective (and not just that of highly vocal special interest groups), and incorporate the information gained into decision making, among other topics.

arrow
Read More.
Improve Your Financial Decision-Making by Learning to Incorporate Forecasting Methods and Results

The purpose of a forecast is to inform financial decision making, but public finance managers often find that forecasts aren’t given the weight they should have. GFOA’s new publication, Informed Decision-Making through Forecasting: A Practitioner’s Guide to Government Revenue Analysis, describes how public finance managers can make a forecast resonate with its audience.

Read more and submit the order form or order online. If you are interested in receiving quantity discounts, contact GFOA. Click here for technical resources.
arrow
Read More.
Encore Presentation of GFOA’s First Annual Better Budgeting
Web-Stream Event is Today

Thank you to the more than 550 registrants who have signed up to participate in today’s encore presentation of GFOA’s First Annual Better Budgeting web-stream event, at 2 to 4 p.m. (Eastern). All registered participants have been sent an e-mail from GFOA Announcements, which contained the program link, presentation slides, and steps to follow to log onto today’s program. If you need tech support assistance at any time during the program, e-mail your questions or call the help line at 800-274-9390. After the training today, you will receive an e-mail with a program evaluation to complete.

You will receive 2 CPE credits for your participation. A CPE certificate will be mailed to each registered individual in approximately 2-3 weeks. Any participant with an outstanding amount due will not receive a certificate until the balance has been settled. Whether you are watching on your own or in a group setting, each individual must be registered ─ including those who may not intend to claim CPE credit. If you have any questions about the training, contact GFOA.

Save the date: GFOA’s 2nd Annual Better Budgeting web-stream event will take place on October 5, 2017, from 2:00 p.m. to 4:00 p.m. (Eastern).
arrow
Read More.
Early Discount Deadline is Two Weeks Away
Save on GFOA’s Annual Conference

Register by January 26, 2017, to take advantage of an early registration discount on GFOA’s 111th Annual Conference, May 21−24, 2017, at the Colorado Convention Center in Denver. Sign up today!

Apply for a First-Time Attendee Scholarship
If you are a first-time annual conference attendee who is a GFOA active (government) member, we encourage you to apply for an annual conference scholarship in the amount of the full-conference registration fee. Fifty scholarships will be awarded per state or province in the order the applications are received. If you are interested in applying for a scholarship, e-mail First Annual Conference. Please note that no more scholarships are available for the State of Colorado.

If you have any questions about the annual conference, contact GFOA.
arrow
Read More.
Senators Heinrich and Keller Introduce “Cadillac Tax” Legislation
On January 10, 2017, Senators Martin Heinrich (NM) and Dean Heller (NV) introduced bipartisan legislation (S.58) that would repeal the Affordable Care Act’s Cadillac tax. Recognizing the essential nature of health-care reform initiatives that expand access to quality health care and control the growth of health-care costs, GFOA is working with federal policymakers, advocating adequate and appropriate funding to ensure the sustainability of the Affordable Care Act (ACA). In so doing, GFOA supports legislative efforts to repeal the 40% excise tax on health plan premiums, along with alternative approaches to mitigate the effect of the excise tax on state and local governments while preserving the authority of state and local governments to design and maintain health insurance arrangements that are tailored to the specific needs of the employers. The Federal Liaison Center will continue to update GFOA members on this legislation as the 115th Congress proceeds.
arrow
Read More.
Immerse Yourself in GFOA’s Budget Analyst Training Academy in Newport Beach, California, this Spring

Maximize your training opportunities by registering for GFOA’s Budget Analyst Training Academy, April 25–28, 2017, at the Hyatt Regency Newport Beach, California. This course will cover essential elements of public-sector budgeting, including goal setting, program development, revenue and expense analysis, position budgeting, capital budgeting, and more.

Earn 30 CPE credits with your participation. If you have any questions about the training, contact GFOA.
arrow
Read More.
Thanks to Distinguished Budget Presentation Award Reviewers
The GFOA wishes to thank the more than 500 professionals who completed a budget review in the 2016 calendar year for the Distinguished Budget Presentation Awards Program. We appreciate their invaluable contribution to the goal of improving the quality of state and local government budget documents. See the complete list of reviewers and an application for individuals who wish to serve as budget reviewers. Questions can be directed to the program’s senior manager, John Fishbein.
arrow
Read More.
New CPFOs Announced

The following individuals earned the Certified Public Finance Officer (CPFO) designation in December 2016: Jeremiah Breer, Deputy CFO for Trusts, Vermont League of Cities & Towns; Jennifer Brody, Accountant, Fredericksburg, VA; Sarah Cotton, Finance Director, Lino Lakes, MN; Cecil Eastman, Sr. Budget Analyst, South Bend, IN; Regis Ebner Jr., Assistant Town Manager, Town of McCandless, PA; Matt Lawn, City Treasurer, Goddard, KS; Patricia Merrill, Manager Fiscal Services – Finance, Kenosha County, WI; and Gary Swink, Finance Director/Asst. City Manager, Lexington, VA.

There are now 678 people who have attained the CPFO designation.
arrow
Read More.
News Links
Repealing the Affordable Care Act without Replacement Legislation would Cost Hospitals 

If the Affordable Care Act (ACA) were to be repealed without any replacement legislation, the loss of coverage would have a net impact on hospitals of $165.8 billion between 2018 and 2026, with the restoration of Medicaid DSH reductions, according to a new report from the Federation of American Hospitals and the American Hospital Association. If the ACA Medicare reductions were maintained, hospitals would suffer additional losses of $289.5 billion from reductions in their inflation updates. Full restoration of Medicare and Medicaid Disproportionate Share Hospital payment reductions embedded in ACA would amount to $102.9 billion.

The analysis was based on specifications for ACA repeal on H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act over the period 2018 – 2026. That bill passed Congress under budget reconciliation rules and was vetoed by the President. The bill repeals ACA policies that expand coverage without offering a replacement and repeals ACA taxes intended to help finance that coverage, yet retains all ACA reductions in hospital payments that were intended to finance that coverage except for the Medicaid Disproportionate Share Hospitals reductions. 
arrow
Read More.
Cultural Shift in London Means More Bicycling Infrastructure Funding

London has pledged $978 million in new funding over the next five years for improving the city’s cycling infrastructure and conditions, or 5.5% of the transit budget (up from 2.4%). The city also plans to make the transit authority boards more diverse, which “suggests a genuine cultural change is afoot,” the Atlantic’s City Lab reports. Changes may include two new “cycle superhighways” (broad, segregated bike lanes); a new pedestrian and cycle bridge across the Thames, giving thousands of commuters an opportunity to cycle to work; and “traffic-calmed areas modeled on Dutch prototypes that have been reworked to slash through traffic and reclaim much of the roadway for sidewalks and bike lanes.”

While some citizens have questioned this level of investment in bicycling, “there’s ample evidence that London’s recent investments in cycling have already made a difference, promoting a modal shift that is allowing the city’s streets to move more people than before.” For example, bike lanes are now transporting 46% of all people in targeted congested areas, while using just 30% of the available road space. 
arrow
Read More.
Behavioral Economists Suggest Four Ways to Motivate Employees

“People want to feel like they’re contributing…they want a sense of purpose, a sense that work itself has an impact”—that’s the conclusion a professor of behavioral economics and psychology at Duke University came to after conducting a series of experiments aimed at unlocking the roots of intrinsic motivation. In addition to showing workers how their products or services help people, organizations “should give workers insight into its operations, and let them participate, through town hall meetings and other events,” according to Government Executive (via Quartz). They also need to:

  • Show trust in their employees—relying on regulations and procedures to standardize operations can “reinforce that idea the workers are replaceable cogs in a machine.” Trust and autonomy allow employees to flourish.
  • Challenge employees—“workers derive more meaning from work that is difficult than from jobs that are easy or rote.”
  • Rethink the organization’s reward system—cash bonuses, according to the article, say “you know the right thing to do, but you’re not interested.” A better reward is something more enduring that shows a genuine interest in workers’ long-term health and growth.
arrow
Read More.
Send to a Friend  |  GFOA Website  |  Contact Us  |  Unsubscribe

Editor: Marcy Boggs  |  Executive Director/CEO: Jeffrey Esser

The GFOA Newsletter (ISSN 1051-6964) is published weekly by
the Government Finance Officers Association of the United States and Canada.
Correspondence regarding editorial and/or business matters should be sent to
GFOA, 203 N. LaSalle St., Suite 2700, Chicago, IL 60601-1210. Phone - 312/977-9700 FAX - 312/977-4806.

 


Informz for iMIS