Having trouble viewing this email? Click here for the web version.
GFOA Newsletter
April 7, 2016
Annual Conference Keynote Speakers Announced 

GFOA is pleased to announce that Bruce Tulgan and Richard Florida will be the keynote speakers for GFOA’s annual conference on Monday, May 23, 2016, and Tuesday, May 24, respectively.

Bruce Tulgan founded RainmakerThinking, a research, training, and consulting firm. He is internationally recognized as one of the foremost experts on leadership and performance management in the workplace. Bruce has written 20 books, including It’s Okay to Be the Boss, Managing Generation X, Not Everyone Gets a Trophy: How to Manage the Millennials, and The 27 Challenges Managers Face: Step-by-step Solutions to (Nearly) All of Your Management Problems. His most recent book is Bridging the Soft Skills Gap: How to Teach the Missing Basics to Today’s Young Talent. Bruce’s work has been the subject of thousands of news stories worldwide and he has written for the New York Times, USA Today, Training MagazineHR Magazine, and the Harvard Business Review.


Richard Florida is the world’s leading urbanist. He is director of the Martin Prosperity Institute at the University of Toronto, global research professor at New York University, and co-founder and senior editor of the Atlantic City Lab. He is a writer and journalist, having written several global best sellers, including the award winning The Rise of the Creative Class, and served as senior editor for the Atlantic. Florida is also an entrepreneur, founding the Creative Class Group, which works closely with governments and companies worldwide. A 2013 study from the Massachusetts Institute of Technology named him the world’s most influential thought leader, and Time magazine recognized Florida’s Twitter feed as one of the 140 most influential in the world. (Photo by Lorne Bridgman)

Association News

Advance Registration Discount Deadline Is One Week Away ─ Register Today!

Sign up by April 14, 2016, to take advantage of the advance registration discount on GFOA’s 110th Annual Conference, Sharing Solutions and Strategies, May 22-25, in Toronto, Ontario, Canada. Take a look at this year’s sessions and preconference seminars. Don’t delay – click here for more information and to register today!

Never attended a GFOA annual conference? First-time annual conference attendee scholarships are available for GFOA active government members who have never attended a conference. Fifty scholarships will be awarded per state and province in the order the applications are received. E-mail First Annual Conference for details and an application.

Have just one day to spare? If you’re looking for a great way to train junior staff and save on travel expenses, register them with a special one-day rate on either Monday, May 23, or Tuesday, May 24. They will have access to all conference sessions, meetings, luncheons, and exhibits held on that date.

If you have questions about the conference, go to GFOA’s FAQs or contact GFOA.    

Travel Information and Resources

  • Reserve your housing online through GFOA’s official hotel block.
  • Toronto is Canada’s largest city and the fourth largest in North America, making travel to Toronto easy.
  • Take advantage of a favorable exchange rate.
  • Don’t miss this year’s tours!    
  • All delegates traveling to Toronto from the United States will need a passport. Please plan ahead – obtaining a passport can take approximately 4-6 weeks. Information on applying for or renewing a passport / Information for first-time passport application 
  • U.S. citizens driving to Toronto will need one of the following to get back into the United States: U.S. passport, passport card, enhanced driver’s license, Trusted Traveler Program card (Nexus, Sentri, Fast), U.S. Military ID card (when on official orders), U.S. merchant mariner document (when traveling in conjunction with official maritime business), or form I-872 American Indian Card. Click here for more information.
Take 10 Minutes to Grow Your Professional Network by Helping Us Grow Ours

One of the many benefits of membership in GFOA is the opportunity to connect and network with nearly 18,500 top public- and private-sector finance professionals from across the United States and Canada. The goal of GFOA’s new membership referral program is to broaden the network of all our members. Please take 10 minutes to grow your professional network by helping us grow ours. Click here to submit an application.

Read More.
Federal Reserve Approves Restrictive Rule on High Quality Liquid Assets

On April 1, 2016, the Federal Reserve Board announced that it will adopt a final rule that would classify a very limited number of investment-grade, liquid, and readily marketable municipal securities as high quality liquid assets (HQLA). The Federal Reserve’s action follows its May 2015 to amend the 2014 Liquidity Coverage Ratio rule, which classifies foreign sovereign debt securities as HQLA while excluding investment-grade municipal securities in any of the acceptable investment categories for banks to meet new liquidity standards.

GFOA is working with members of the Senate Banking Committee to introduce legislation like the House-passed HR 2209, and needs your help in reaching out to members of the committee, encouraging them to help us. If your Senate representative sits on the committee, please send them a letter requesting their supporting in introducing this important legislation. A list of members of the committee is available here, and a draft letter outlining the need for this legislation is available here.  

Read More.
Don’t Miss GFOA’s June Training Seminars in San Francisco 

GFOA is bringing three of its most popular training seminars to the Hyatt Regency San Francisco Airport, June 14−17, 2016. Sign up for one or more of the following courses:

Save 10% on the registration fee when you sign up and pay in full by May 23. Submit a training registration form or sign up online using GFOA’s e-store. Get 10% off each registration fee when three or more colleagues register for the same seminar. (To receive this discount, please mail, fax, or scan and e-mail the registration forms and payments together. This discount cannot be applied when registering online.)

Click here for hotel information. For ideas on what to do while in San Francisco, go to San Francisco Travel. If you have any questions about the training, contact GFOA.

Read More.
Spring into Action
Save 25% on GFOA Publications During the Month of April

Whether you are new to the finance profession or a career veteran, GFOA has the resources to help you meet your professional goals. Check out “must-own” publications including Governmental Accounting, Auditing, and Financial Reporting (GAAFR), the GAAFR Supplement, and GFOA’s popular Elected Official’s Guides.

GFOA publishes books on governmental accounting, auditing, and financial reporting; capital finance and debt administration; financial management and budgeting; public retirement and benefits administration; and treasury and investment management.

Download the publication order form to mail, fax, or scan and e-mail to GFOA. Enter promotional code GFOASpring on the order form. (The offer expires on April 30, 2016. This discount cannot be applied when ordering online using GFOA’s e-store. The offer only applies to new publication orders and cannot be combined with any other discount.) If you have any questions, e-mail GFOA Publications.

Read More.
MSRB Requests Comments on Regulatory Approach to Bank Loan Disclosure

On March 28, 2016, the Municipal Securities Rulemaking Board (MSRB) announced that it is seeking public comment on a regulatory approach that would require municipal advisors to disclose information about the bank loans and direct purchases of their municipal entity clients to the MSRB’s Electronic Municipal Market Access (EMMA) website. GFOA has significant concerns with this proposal (please click the link below for details) and will submit comments on this proposal to the MSRB; we invite GFOA members to do the same. Comment letters are due on May 27 and can be transmitted to the MSRB through this link. GFOA members can access full text of the short regulatory proposal here.  

Read More.
New Feature Added to GFOA Membership Profile

GFOA members will now be able to add a photo to their membership profiles. This is a great way to easily locate colleagues and to put a face with a name for those colleagues you have not met yet. If you would like to add a photo to your profile, please follow the below instructions:

  • Log in to your member account.
  • Click on “My Account” in the top menu section.
  • Scroll down to the “Your Picture” section and click on the “Edit” tool (pencil symbol) on the right of the screen.
  • Select the picture file to upload and then click on “Save & Close.”
  • The file formats allowed are .GIF, .JPG, .PNG, .BMP, and the maximum file size allowed is 3 MB.

While you’re signed in, we encourage you to confirm that your contact information is current. Simply click the edit tool in the section you need to update. If you’ve forgotten your login information, please e-mail GFOA Logins instead of creating a new account. If you create a new account, it will not be linked to your membership record, and any purchases or registrations will be processed at the higher non-member rate.

Should you have any questions about your profile, contact GFOA Membership.

Read More.
New CPFOs Announced

The following individuals earned the Certified Public Finance Officer (CPFO) designation in spring 2016: Elena Adair, Finance Director, Alameda, CA; Julie Ciesla, Finance Director, Itasca, IL; Jonathan Edwards, Senior internal Auditor, La Crosse County, WI; Kelly Grinnell, Finance Director, Victoria, MN; and Dongmei Li, Financial Program Manager, Montgomery County Government – Montgomery County Employee Retirement Plan.

Read More.
News Links
Bike Share Programs Are Popular but Often Require Subsidies

Bike share programs are no longer a novelty, having been established in approximately 80 U.S. cities, including smaller cities such as Birmingham, Alabama, and Fargo, North Dakota. And another 100 cities are studying, planning, or constructing their own bike share programs, according to Stateline. To run a successful bike sharing program, the article suggests tips such as balancing a desire to reach into new parts of cities with the need to supply enough bikes and stations in dense downtown areas to make service convenient and reliable. Also, cities should think of these programs as public transportation systems that cost money – they usually require some kind of outside funding.

Read More.
Get an Early Start on Succession Planning

The barriers small to mid-size cities face in succession planning include “insufficient staffing, preoccupation with short-term activities, a lack of funding and executive support, restrictive merit system rules on hiring, insufficient marketing efforts, lack of confidence in planning techniques, and resistance to change,” according to OpenGov.com. As a result, chief finance officers need to get an early start on their knowledge transfer plans. The author suggests creating a virtual central repository of key financial, performance and economic information, as well as more general advice. 

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