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GFOA Newsletter
September 22, 2016
Add Your Photo to Your GFOA Membership Profile

GFOA encourages you to add your photo to your membership profile. It’s a great way to easily locate colleagues and to put a face with a name to those colleagues you have not yet met. Just follow these instructions:

  • Log in to your member account.
  • Click “Account” in the top menu section.
  • Scroll down to the “Your Picture” section and click the pencil symbol –the “Edit” tool—on the right of the screen.
  • Select the picture file to upload, and then click “Save & Close.”

You can use .GIF, .JPG, .PNG, and .BMP files, and the maximum file size allowed is 3 MB.

While you’re signed in, we also encourage you to confirm that your contact information is up to date—simply click the edit tool in the section you need to update. A couple of tips:

  • If you’ve forgotten your username, please e-mail GFOA Logins instead of creating a new account. A new account will not be linked to your membership record, which means that any purchases or registrations will be processed at the higher, non-member rate.
  • If you’ve forgotten your password, you can reset it here.

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

Association News
There’s Still Time to Register for GFOA’s Better Budgeting Web-Stream EventJust Two Weeks Away

GFOA’s first annual Better Budgeting web-stream event is fast approaching, on October 6, 2016, at 2 to 4 p.m. (Eastern). (If you can’t attend in October, there will be an encore presentation on January 12, 2017, also from 2 to 4 p.m.) The course is designed to help those who are on the front lines of local budgeting meet the practical challenges they face, combining lectures, panel discussion, and examples to communicate and reinforce the key policies and critical procedures presented.

Click here for more information and to review an agenda. Earn 2 CPE credits with your participation. If you have any questions about the training, contact GFOA.

Save with group discounts. Please type your information on the October Group registration template or January Group registration template and save it to your computer. Then e-mail the file to GFOA Training along with your registration form, or fax it to GFOA.

There’s still time to to register. Download the brochure and registration form or register online.

Read More.
GFOA Training is Coming to Long Beach in January

Get a jumpstart on your 2017 training schedule by signing up to participate in one or more of the following training seminars at the Westin Long Beach, January 23-27, 2017. Take advantage of the early registration discount when you sign up and pay in full by December 23, 2017.

Group discount. Register with three or more colleagues for the same seminar to get 10% off each registration fee. (To receive the group discount, registrations must be received and paid together. The discount cannot be applied to online training registrations.)

Register today. Submit a training registration form or sign up online using GFOA’s e-store.

A block of rooms has been reserved for GFOA attendees at the Westin Long Beach. Click here for more information about special GFOA group rates.

For ideas on what to do while in Long Beach, go to Visit Long Beach. If you have any questions about GFOA training, contact GFOA.

Read More.
Upcoming Webinar: Using Electronic Tools and Platforms to Enhance Treasury Function Processing

Learn about ways to use electronic programs to assist with treasury management tasks in the finance office at GFOA’s September 28 webinar, from 2 to 4 p.m. (Eastern). Speakers will discuss ways to accept electronic payments from taxpayers and other customers, and how to implement internal processes for enhancing the way treasury offices can use technology tools to help with disbursements. The webinar will also cover credit card PCI compliance rules, ways treasury functions can be woven into a government’s broader ERP system, and best practices addressing the use of payment cards. 

Read More.
Interested in Working at GFOA?

Are you interested in promoting best practices and improving the policies, processes, and management of state and local government finance? GFOA is seeking a public finance associate for its research and consulting center. Past experience with a local government is preferred, as this position will take on many roles to help the organization achieve its mission in supporting finance officers and local governments, including acting as a program/project manager, researcher, consultant, and subject matter expert. Click here to find out more.

GFOA is also seeking a senior associate in its Federal Liaison Center in Washington, D.C. The primary duties of this position include legislative and regulatory advocacy on behalf of GFOA members, and the ideal candidate will have experience in state or local government finance or federal advocacy on behalf of state and local government. Among other duties, this individual will lead GFOA’s coalition and grassroots advocacy efforts in the areas of public pensions, Internet sales tax and federal preemption legislation, and health-care reform, in addition to supporting the center director on legislative and regulatory advocacy related to tax reform, infrastructure investment and federal appropriations, and budget legislation. Click here to find out more.

News Links
Stifel and SEC Reach Deal Over Wisconsin School Investments

Stifel Financial Corp’s brokerage unit has reached a deal with the SEC to resolve claims that it misled five Wisconsin school districts about the risks of putting $200 million in investment products that were involved in the financial crisis of 2008, Reuters reports (via the New York Times). “The financial terms were not disclosed, but the deal would include the defendants paying a penalty, forfeiting their ill-gotten gains, and admitting to certain facts,” according to the legal filing.

“The SEC sued Stifel and Noack in 2011, saying they misled five Wisconsin school districts about the risks of investing in synthetic collateralized debt obligations, which are tied to mortgage-backed securities or credit default swaps and were at the heart of the financial crisis eight years ago,” Reuters reported. According to the SEC, the investments were a complete failure, causing the districts to suffer more than $200 million in losses as the investments declined in value in 2007 and 2008, amid the housing market downturn and financial crisis.

Stifel denied wrongdoing, and contended in court papers that there was no evidence that the defendants had any intent or motive to defraud the districts, Reuters reported.

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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