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GFOA Newsletter
August 11, 2016
Plan Now to Attend GFOA’s 111th Annual Conference in Denver

Registration for GFOA’s 111th Annual Conference, May 21-24, 2017, at the Colorado Convention Center, will open in the fall on GFOA’s website. 

Suggest a Topic. GFOA’s call for topics is now open. If you have an idea on a session or speaker, please complete the call for topic form. Sessions will be announced as the program is developed this fall. The final conference program will be available in early 2017.

For information on what to do while in Denver, visit GFOA’s conference microsite
Association News
Post-MCDC, Now What? Learn about Recent Municipal Bond Disclosure Issues at August 17 Internet Training

GFOA’s Internet training course, Debt Management: Update on Continuing Disclosure Requirement, will be held August 17, 2016, from 2 to 4 p.m. (Eastern). Learn what you need to know to update and implement appropriate debt management disclosure policies and procedures. Speakers will discuss recent SEC enforcement activities, including the MCDC initiative and how this relates to what issuers should be paying attention to regarding their own disclosure decisions. The session will also highlight case studies and GFOA best practices.

Read more and register today! If you have any questions about the training, e-mail GFOA Training.

Read More.
New CPFOs Announced

The following individuals earned the Certified Public Finance Officer (CPFO) designation in summer 2016:

William Ford, Assistant Finance Director, Metro, Oregon; Jessica Hansen, Deputy Finance Officer, Douglas County, Oregon; Barbara Horlacher, Accountant II, Hanover County Public Utilities, Virginia; John Hulsey, Public Service Assistant, Carl Vinson Institute of Government, Georgia; Russell Royal, Financial Manager, Gwinnett County Board of Commissioners, Georgia; and Ann Shawver, Assistant Professor of Accounting, Radford University, Virginia.

There are now 661 individuals who have obtained the CPFO designation.

Read More.
News Links
Public Pension Funds Increasingly Look to Infrastructure Investments

U.S. pension funds are increasingly making infrastructure investments, according to Reuters. For example, the California Public Employees’ Retirement System recently bought a 10% stake in a private Indiana toll road with a troubled history, “the first U.S. transportation investment for the nation’s largest public pension fund.” Canada, Australia, and the United Kingdom have long favored infrastructure investments, and now, “as an era of strong returns in stocks and bonds is believed to be winding down, more U.S. public pension funds are looking to buy real assets for their portfolios, seeking cash-generating, stable investments in a low-interest environment.” The number of institutional investors with stakes in infrastructure has more than doubled since 2011 to more than 2,750 from 1,300, according to the article, and the top 10 public pension funds have quadrupled their infrastructure commitments over the past five years, investing a total of $17.7 billion in investments over the past five years.

Read More.
Summer Reading: Books to Help You Set Your Career Goals

If you’re looking for some career-oriented reading on your beach vacation, you might want to check out some of GovLoop’s recommendations:

Read More.
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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.


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