8.4. SR 01-03-1994
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flk River
ITEM 8.4.
TO:
FROM:
MAYOR AND CITY COUNCIL ,_ (\
LORI JOHNSON, FINANCE DIRECTOR~~
DATE: DECEMBER 27, 1993
SUBJECT: APPROVAL FOR ATTENDANCE OF
NATIONAL GFOA CONFERENCE
As you know, the 1994 budget includes funds for staff training
and for department heads to attend a national conference. In
the past, department heads have received Council approval prior
to attending a national conference. In that regard, I would
like to request authorization to attend the Government Finance
Officers National Conference which will be held in Minneapolis
on June 5-8.
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Since the conference is to be held locally, the only expenses
for attending will be the cost of registration, mileage, and
very limited meal expenses. The registration cost is $250 if
paid by January 28. The 1994 budget includes $1,500 for the
national conference for the Finance Department. Since this is
a one time opportunity for additional staff members to attend a
national conference, I would like authorization to register
Joan Frick, Senior Accounting Clerk, and Brenda Ebner,
Accounting Clerk, for the conference. The cost of sending
additional staff to the conference will be far under the amount
budgeted for the national conference. Although the conference
starts on Sunday, I would request that Joan and Brenda attend
during normal working hours so no overtime pay would be
necessary. In addition, someone from the Finance Department
will be available at City Hall at all times.
I have attached a preliminary list of some of the sessions that
will be held at the conference. As you can see, there is a
wide variety of topics to be covered, many of which would be
beneficial to all finance staff. Since there is seldom
training available that is applicable to finance staff, many
finance directors are sending additional staff members to this
conference. I have been working with the Minnesota GFOA on
organizing this national conference and feel that it will be a
very good conference.
In summary, I am requesting approval to attend the National
GFOA conference in Minneapolis and to also register Joan and
Brenda. The early registration fee of $250 per person must be
paid by January 28 or registration increases to $295 per person.
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P.O. Box 490 · 13065 Orono Parkway · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425
PRELIMINARY TOPICS FOR CONFERENCE
SESSIONS AND ROUNDTABLES
GFOA's 88th Annual Conference
June 5 - 8,1994 . Minneapolis, Minnesota
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Accounting, Auditing and Financial Reporting
Sessions:
. Out with the old? - Developing a new financial re-
porting model
· New horizons for pension accounting
. Accounting changes for proprietary funds
. A new approach to contributions and subsidies
. Who am I? - Practical guidance on defining the fi-
nancial reporting entity
. Introducing the 1994 GAAFR
. Certificate program update
. So you want to be an intemal auditor!
. A preparer's guide to note disclosure
. Choosing wisely - How to select accounting soft-
ware
e . GASB Update
· New directions in Canadian governmental ac-
counting
· Managing fixed assets - Beyond financial report-
ing
. A changing profession for a changing world - Ac-
counting in the 21 st century
. Surviving the Cure. - Accounting for disasters
. Insurance accounting - Practical guidance for
governments and pools
. State of the art - Governmental accounting at the
state level
. Service efforts and accomplishments - Where
and when?
. Cost accounting or costly accounting
Roundtables:
. Calculating and reporting arbitrage
. Popular financial reporting
. Obtaining the CAnFR
. Applying for the Certicate of Achievement
Budgeting and Financial Planning
Sessions:
. Using a popular budget to get the word out
. Implementing program budgets: techniques. pit-
falls and benefits
. Enterprise fund transfers: how much is enough?
. Cutting budgets without impeding performance
· Restructuring government
. Assessing your revenue potential
. Streamlining the budget review process
. Preparing an award-winning budget document
. Integrating performance measurement into your
budget
Roundtables:
· Tips for budget reviewers
. Beyond cost-of-service: utility rates for the 90s
. Selecting performance indicators
Cash Management and Investing
Sessions:
Investment strategies for the 90s
. An introduction to derivatives
· Evaluating investments for bond and COP pro-
ceeds
. Selecting an outside investment manager
. Economic update and outlook
. Centralizing revenue collections
. Internal controls for cash management
. Security pricing in changing interest rate environ-
ments
. Privatizing the treasury function
(over)
Roundtables:
. Evaluating and developing investment policies
· Portfolio return, measurement and reporting
. Paying for banking services
Capital Finance and Debt Administration
Sessions:
· Disclosure: why and how?
. Evaluating the pricing of municipal bonds
· Complying with arbitrage requirements
. Public finance around the world
· What's new in debt financing
· Negotiated selling in a competitive environment
. Developing policies and plans for infrastructure
replacement
· Public-private parterships to finance capital infra-
structure
. The role of the finance officer in economic devel-
opment
Roundtables:
. What do you need to know from your underwriter
· Selling the bond issue
· Paying for capital costs of unfunded mandates
Computers and Technology
Sessions:
. Client-server technology in government finance
· The impact of technology on cash management
. Geographic information systems (GIS): A tool for
finance officers
. Riding down the information highway
Roundtables:
. The computer software acquisition process
Management and Intergovernmental Relations
Sessions:
-
Washington Update
Total quality leadership
. Women in the workplace
. Local government oversees
. Government and the media: A relationship that
can work
Roundtables:
. State and local government finance: research
and practice
· International exchange opportunities
. Sharing the wealth: contributing to GFOA
publications and research
Pensions and Other Benefits
Sessions:
. Defined Contribution Plans: Slippery slope or sal-
vation
-
. Health Care Reform: What it means to state and
local government employers
Politics of actuarial process and funding decisions
. Hard facts about soft dollars: directed brokerages
. Retiree health care
. Pension plan qualifications: The IRS is getting se-
rious
· Sink or swim: New portfolio options
. Family and medical leave: What are govern-
ments supposed to do?
. Designing pension systems
Roundtables:
. Health care options for small governments
. Pension obligation bonds
. Flexible work schedules: Job sharing and others
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