Sessions

Strategic Development for a Balanced Investment Program

  • Date: 9/18/2018
  • Track: Pre-Conference

It is always important to periodically step back and review your overall investment program.  This 4 hour pre-conference session will be a comprehensive overview of public funds investing, GFOA best practices, and a discussion of a strategic approach to making investment decisions.  Key elements include a brief economic and market update, risk management, analytic tools, transparency, and communication.

2018 BARS Cash Basis

  • Date: 9/18/2018
  • Track: Pre-Conference
After taking this class, the learner will be able to:
•Explain the purpose of the BARS Manual and why it is required
•Navigate and search the BARS Manual.
•Employ Fund Accounting, including identifying and evaluating Fund Types.
•Use the BARS Chart of Accounts and generate BARS code as prescribed, including:
  •Account Structure
  •Revenue and Other Increases
  •Expenditure and Other Decreases
  •Fund Balance
  •Determine validity of BARS Coding.
  •Apply the Principles of Reporting..
 
Intended Audience:
 Course materials are presented for all levels of governmental accounting expertise; from novice to experienced. 
 
Course description:
 The BARS Cash Basis class is an interactive session that includes lecture, exercises, discussion and small group activities.  Whether this is your first BARS class or the next in a long string of them, get ready for a new experience!  
 
All class materials will be provided.
 
Prior to attending the BARS training, we recommend participants view the Introduction to the BARS Manuals, a free, 46 minute eLearning which is available on the SAO website in the Online Training Library.

2018 BARS GAAP

  • Date: 9/18/2018
  • Track: Pre-Conference

After taking this class, the participants will be able to:
•Navigate and search the BARS Manual.
•Identify and evaluate fund types.
•Use the BARS Chart of Accounts and generate BARS code as prescribed by becoming familiar with:
  •Account structure
  •Revenues classifications
  •Expenditures/Expenses classifications
  •Fund balance classifications.
  •Become aware of recent and upcoming GASB standards.

Intended Audience:
Course materials are applicable for all levels of governmental accounting expertise; from novice to experienced.   

Course Description:  
The BARS GAAP class is an interactive session that includes lecture, exercises, discussion and small group activities.  Whether this is your first BARS class or the next in a long string of them, get ready for a new experience! 

All class materials will be provided. 

Prior to attending the BARS training, we recommend participants view the Introduction to the BARS Manuals, a free, 46 minute eLearning which is available on the SAO website in the Online Training Library.

 

2018 Professional Ethics and Regulations in Washington State

  • Date: 9/18/2018
  • Track: Pre-Conference

All CPAs and CPA-Inactive certificate holders in Washington must complete a Board of Accountancy approved professional ethics course at least once every reporting period.

This course is approved by the Washington State Board of Accountancy as meeting the minimum requirements of WAC 4-30-134(6) which requires four CPE hours in the subject area of professional ethics and regulations with specific application to the practice of public accounting in Washington State.

2018 GFOA CPFO Certification Review Course: Debt

  • Date: 9/18/2018
  • Track: Pre-Conference

Have you ever thought about taking the CPFO exam?  Here’s your chance to take a review course in preparation specifically. WFOA is offering this review course to encourage individuals to become Certified Public Finance Officers (CPFO) and continue their professional development in government finance.

This course is built around the GFOA’s content specifications for the CPFO GAAFR debt exam.  It covers the material related to debt management.  The class will incorporate a lecture and is being taught by Ann Harrity Shawver, CPA, a Public Finance Consultant from Virginia who specializes in public finance.
Here is the link to the GFOA CFPO webpage providing all the information a candidate would want to know about the exam.  http://gfoa.org/cpfo

There will be an exam on November 2, 2018 at City of Port Townsend. You are required to fill out an application form at least two weeks before the exam. Contact Sheila Danielson for more information at (360) 379-4406 or sdanielson@cityofpt.us

Leave laws and employee policies update: sick leave, FLSA, and paid family medical leave

  • Date: 9/18/2018
  • Track: Pre-Conference

This four-hour pre-conference session will update you on what you need to know for a broad range of employer leave, workers compensation, FMLA, and time-off policy issues.  Get updates on implementing new sick leave laws under I-1433 effective earlier this year and state paid family leave scheduled to take effect next year. Discuss FLSA and other important time-off issues from a finance perspective.  Learn best practices for workers compensation and FMLA.   

Current Market Risks and Opportunities

  • Date: 9/18/2018
  • Track: Pre-Conference

This session will cover current trends in public finance investing in Washington.  This will include accountability and transparency, as well as a review of risks and opportunities public entity investors are facing in the fixed income market.  The review will include an economic update and an interactive investment game.

2018 Update from the GASB (Pre-Conference)

  • Date: 9/18/2018
  • Track: Pre-Conference

Hear the latest from the GASB as we explore current and future financial reporting requirements. There are several new GASB pronouncements that will have a profound effect on the financial statements of Washington governments.  These new pronouncements address retiree healthcare benefits, tax abatement disclosures, certain asset retirement obligations, fiduciary activities, and from a practice standpoint there have been several pension implementation issues that were recently addressed.


In addition, there are several projects on the GASB’s current technical agenda that potentially have far reaching ramifications for Washington entities.  These projects include leases, revenue and expense recognition, and the reexamination of the financial reporting model.  Moreover, the GASB is researching several items including notes disclosures and going concern could significantly impact financial reporting in the future.

The Tao of Ta-Da

  • Date: 9/19/2018
  • Track: General Session
Watch What Happens When Work Becomes Play.
We’ve all witnessed the excitement of a three-year-old child. They celebrate finding a ladybug. They celebrate drawing a flower. They celebrate going to the bathroom in the toilet for the first time.
Somewhere along the way, too many adults lose this sense of excitement about our lives and our work. Our tanks are empty. There is no fuel for collaboration, productivity and innovation. When employees and managers are not having fun and enjoying their work, they become “Bye-Bye” people. “Bye-Bye” people don’t care about taking care of the customer, meeting goals, producing results, or having fun.
Employees and managers who have fun at their jobs are more loyal, enthusiastic and passionate. They sell more, communicate more effectively, take better care of customers and produce more sustainable results. And fun increases employee retention.
In Joel's dynamic and motivational keynote presentation, employees will appreciate the value of fun in the workplace and learn how to make the simple choices to have more fun and increase their passion and success.
Seven Lessons Learned:
1. Learn to celebrate work and create a positive environment.
2. Learn to improve teamwork and help all partners find success.
3. Learn the three keys to leading change: be prepared; be focused; be open and flexible.
4. Learn the key to success: staying in the game and keeping your passion.
5. Learn to promote ownership and accountability.
6. Learn to encourage innovation by creating opportunity.
7. Learn to enhance communication.

Crush it at work without sacrificing your health. Career? Health? You CAN have both!

  • Date: 9/19/2018
  • Track: Finding the Balance

Crush it at work without sacrificing your health. Career? Health? You CAN have both!
•Learn to turn on your brain within minutes of getting up
•Discover the keys to being “high performance” all day long
•Understand how eating and staying hydrated can increase alertness on the job and increase energy after work.
•Learn my meal tips for busy and overscheduled people- you can still eat good food that will boost your energy, help you to live longer and possibly help you drop a few pounds.
•Discover why protein is so important and learn simple and inexpensive ways to get more protein into snacks and lunches.

Hot Topics in Leave Laws: Implementing New Sick Leave and Paid Family Leave

  • Date: 9/19/2018
  • Track: General

Washington has adopted two recent changes in paid leave – paid sick leave under I-1433 that took effect in January and new paid family leave that will take effect in two phases in 2019 and 2020.  Get updates on implementing the new laws and how they will work with your jurisdiction’s other leave policies.

2018 Legislative Update

  • Date: 9/19/2018
  • Track: Legislative Update

Learn what happened in the 2018 legislative session and what is in store for 2019. Hear about legislative action on priority issues for local governments, including finance, infrastructure funding, affordable housing and homelessness, and telecommunications.

The Evolution of Payments

  • Date: 9/19/2018
  • Track: Banking

This class will explore Treasury trends for Government entities and how payments are evolving from manual and paper to automated with a variety of new options for making electronic payments: including phone or email.

Budgeting Basics

  • Date: 9/19/2018
  • Track: Budgeting

This session will presume little or no knowledge of the state laws or best practices of local government budget development.  Learn what's required, what's necessary and what's good to include as you help your local government develop its annual or biennial budget.  This interactive session is for beginners but will help those with some experience refresh their skills or branch into budget responsibilities in their organization.

2018 GASB Update

  • Date: 9/19/2018
  • Track: Accounting, Auditing & Budgeting

There are several projects on the GASB’s current technical agenda that potentially have far reaching ramifications for Washington entities.  These projects include leases, revenue and expense recognition, and the reexamination of the financial reporting model.  Moreover, the GASB is researching several items including notes disclosures and going concern that could significantly impact financial reporting in the future

Addressing the Affordability of Utility Rates in a Time of Increasing Costs

  • Date: 9/19/2018
  • Track: Utilities

Communities around the state are receiving increased public feedback about the affordability of utility rates. This presentation will focus on a City of Walla Walla case study aimed at evaluating the reasons for, and feasibility of, expanding its Low-Income utility rate program. Benchmarking results, affordability indicators, and funding alternatives that are broadly relevant to Washington cities will also be considered.

Everyday tips to de-stress and achieve work life balance-improve your sleep, manage stress and have more energy

  • Date: 9/19/2018
  • Track: Finding the Balance

Everyday tips to de-stress and achieve work life balance-improve your sleep, manage stress and have more energy
•Simple tips to lower your stress; while you’re behind the wheel of your vehicle, sitting at your desk or in a meeting
•My top three foods to eat each day to help manage your stress
•Stress management breathing technique of Dr. Andrew Weil-can lower anxiety/chronic stress or disrupt a panic attack
•Discover the key to staying sharp at work and peaceful at home.
•Understand what you’re doing during the day to wreck your sleep at night-and my simple sleep hacks to fix it
•Learn how I maintain my Zen J in the presence of my button pushers!

Preparing to Streamline Your City's Business License

  • Date: 9/19/2018
  • Track: Legislative Update

This year every city with a business license will implement changes required by legislation passed in 2017 (EHB 2005). Find out what the city task force on the model business license threshold developed for cities to implement by January 1, 2019.

  • Learn about model threshold requirements and deadlines
  • Get updates on the options for partnering with BLS for business licenses or FileLocal for license and local tax administration
  • Learn what is on the horizon for the 2019 legislative session on local licenses and taxes

The Future of Faster Payments

  • Date: 9/19/2018
  • Track: Banking

This session will provide you with an overview of changes that are happening in the industry to make payments faster. We will review the various service options, discuss different use cases, and provide an update on all the possibilities that now exist.

Infrastructure Asset Management – Aligning the Finance Department with Asset Management Best Practices

  • Date: 9/19/2018
  • Track: Utilities

Is your organization using Infrastructure Asset Management principles, concepts, best practices and software tools to make clear, strategic, objective and data-driven decisions? We will start off with the presentation with a section on the fundamentals of Infrastructure Asset Management. We will then move to a discussion about aligning asset management best practices with the Finance and Accounting Department. Then we address R&R planning, Asset Financing and end with Finance Reporting--all through the lens of asset management best practices.  The final section will address the CIP and prioritization of projects and how defensible and objective data can drive the prioritization of assets; focusing in on asset criticality and mitigating financial risk in the face of potential asset failure.

Biennial Budget - Apprehension, Curiosity and Experience

  • Date: 9/19/2018
  • Track: Budgeting

If you are considering changing to a Biennial Budget or if you are an entity who has already done so, join us for a lively discusssion on the experiences of biennial budgeting.   You'll hear from a panel comprised of first year Biennial Budgeters as well as veterans in the game.   They'll share the struggles, successes and lessons learned.

Internal Audit - Where does internal audit fit in my government?

  • Date: 9/19/2018
  • Track: Accounting, Auditing & Reporting

Where does the internal audit fit in my government?  This session will help you understand what role internal audit plays in the public sector and thoughts on how to successfully implement internal audit in your organization.

Body and Balance

  • Date: 9/19/2018
  • Track: Finding the Balance

The purpose of this presentation is to help employees learn some basic steps to avoid work related muscle fatigue that can cause achy necks, shoulder and backs. Finding the balance of just how much movement we need to fight off the stress caused by sitting or standing for long periods of time. Participants will gain knowledge in what they can do personally to improve their health and productivity both in the office and at home.

Regulating the Sharing Economy

  • Date: 9/19/2018
  • Track: Legislative Update

Learn about the sharing economy and what means for state and local economies. Find out how jurisdictions are addressing the challenges of these new business models. Discuss what is on the horizon for new models and how your jurisdiction can prepare. Learn about the impacts of Wayfair v South Dakota on Washington's implementation of marketplace fairness and sales taxes on internet sales.

The ERP Implementation Process

  • Date: 9/19/2018
  • Track: Banking

This session will provide a vendor agnostic overview of the ERP Readiness & Implementation process highlighting best practices for various phases of the selection and implementation lifecycle. Join us for a fun and collaborative discussions as we share tips/tricks and lessons learned with your fellow attendees on their ERP journey.

Implementing GASB 75 - Other Post-Employment Benefits

  • Date: 9/19/2018
  • Track: Accounting, Auditing & Budgeting

"Where do I get my OPEB numbers, and what do I do with those numbers once I get them?!"

Join us for this session on implementing GASB 75, the new OPEB standard for financial reporting, featuring a LIVE demonstration from OSA (Office of the State Actuary) of the online GASB 75 calculation tool.

 

Beyond the Acronyms & Jargon - Preparing & Communicating a Prioritized Budget Part 1

  • Date: 9/19/2018
  • Track: Budgeting

ABB (Activity Based Budgeting), PBB (Priority Based Budgeting), POG (Priorities of Government), and Budgeting for Results & Outcomes…

You have heard the acronyms and financial jargon – now what does it mean?   Spend two sessions with a variety of your WFOA peers learning about their approaches to moving beyond the “that’s the way we have always done it” budget process.   This session will provide real life examples and experiences from small cities, large cities and counties regarding approaches to citizen engagement/community advisory committee, steps taken towards priority driven budget processes, tools for implementing those process and pitfalls experienced on the way towards success.   

Internal Control Policies over Grants and Grants Management Helpful Hints

  • Date: 9/19/2018
  • Track: Grants

Recommended practices for establishing or updating existing grant policies will be discussed, and helpful hints for grants management will be provided.

Effectively Communicating the Value of Utility Services

  • Date: 9/19/2018
  • Track: Utilities

In order to effectively communicate, it is important to not only push out content, but to also make sure that content is taken in. No matter how effective the original message may have been, the essential question still remains: did the intended audience receive, understand and respond. In this session, we will look at direct and indirect ways of communicating, and talk about intended and unintended consequences, as well as the difficulty in measuring each. Additionally, we will explore the increasingly important role of targeted public relations and the ever-expanding part it plays in helping staff and policymakers manage the public perception of the utility.

Clifton Strengths

  • Date: 9/19/2018
  • Track: Finding the Balance

"What will happen when we think about what is right with people rather than fixating on what is wrong with them?” Don Clifton, the founder of the Gallup Organization is known as the ‘godfather’ of positive psychology. By focusing on our natural talents, we can develop them into Strengths. Leading with our strengths opens tremendous opportunity for personal and professional development and growth.

1 in 33 million. Those are roughly the odds that someone shares the same "top five" CliftonStrengths themes as you. This uniqueness is your edge, your differentiator—and it’s also an indicator of how you might see and experience the world, and the world—you. On your personal journey, you need direction. Your CliftonStrengths reports help you chart your course to accomplish great things using the true north of what you naturally do best. Research shows that your greatest room for overall personal and professional development isn't where you're weakest, but rather where you're strongest. Join us for this session to learn how to discover your strengths and use them to your greatest advantage.

"That is Not Me." Why Credit Card Information is So Easy to Steal

  • Date: 9/19/2018
  • Track: Banking

We'll outline and discuss the steps necessary to secure cardholder’s data and what might you implement to reduce PCI scope?

Accounting for Investments under GASB 72 and 79

  • Date: 9/19/2018
  • Track: Accounting, Auditing & Budgeting

A detailed look at accounting for investments from start to finish.  Session will provide valuable and in-depth investment training while providing the latest updates on GASB as it pertains to investments.  The session will address the application of fair value to investments and other financial instruments under GASB 72 and will share concepts and real-world examples for GAAP and Cash basis entities on recording purchases and sales of investments, reconciling investment accounts, and required note disclosures.

Beyond the Acronymns & Jargon - Preparing & Communicating a Prioritized Budget Part 2

  • Date: 9/19/2018
  • Track: Budgeting

ABB (Activity Based Budgeting), PBB (Priority Based Budgeting), POG (Priorities of Government), and Budgeting for Results & Outcomes…

You have heard the acronyms and financial jargon – now what does it mean?   Spend two sessions with a variety of your WFOA peers learning about their approaches to moving beyond the “that’s the way we have always done it” budget process.   This session will provide real life examples and experiences from small cities, large cities and counties regarding approaches to citizen engagement/community advisory committee, steps taken towards priority driven budget processes, tools for implementing those process and pitfalls experienced on the way towards success.   

Ethics in the Government Industry

  • Date: 9/19/2018
  • Track: Public Image

In an era where it is hard to differentiate between right and wrong, how do you keep ethics at the forefront of your entity?  We will explore what the AICPA Code of Professional Conduct says about ethics in business and the public sector.

How to Get the Most Out of Your Rate Study

  • Date: 9/19/2018
  • Track: Utilities

Rate studies are complicated studies that are done infrequently and have huge implications for the utilities.  Beginning a rate study with the understanding of the preparation and staff time needed will allow the study to go forward smoothly and in a timely manner.  This session will inform attendees of things that they need to know before beginning the rates study process and provide ways to maximize the benefits of the study. 

Process Improvement using the Toyota Kata

  • Date: 9/19/2018
  • Track: Performance Measures

Can you imagine making hundreds of process improvements every month in your organization? Toyota does not rely on 5-day long “Kaizen events” or highly trained Green/Black Belts to improve its processes. Participants in this workshop will learn the 5-step process improvement coaching kata (teaching routine) that is part of Toyota’s Lean culture and can be immediately implemented by any employees in any organization. This will be a hands-on, audience participation presentation.

Economic Expert

  • Date: 9/20/2018
  • Track: General Session

Michael Feroli, Chief U.S. Economist at J. P. Morgan will come and address the group providing an overview of the state of the US economy and prospects for the remaining of 2018 and possible insight going into 2019!

12 Things that Successful People do Differently

  • Date: 9/20/2018
  • Track: Management/Leadership

Successful people create and pursue practices which they can duplicate and use over and over again.

These practices can be observed and tracked. They can be measured and taught. These practices were learned through studying a wide range of people with consistent and repeat outstanding accomplishments in many areas of their life through their lifetime. Studying these people in ways from reading their books, to watching their interviews, shadowing them in diverse situations, researching them on line and tracking their successes has led to identifying 12 things successful people do to keep them successful.  Join us to learn what those practices are and how you can use them in your life.

How the Fed Affects Investment Rates

  • Date: 9/20/2018
  • Track: Investments

There is a lot of talk about "the Fed" lately.  What exactly is "the Fed" and how does the Fed affect your entity's investment earnings? (Hint: More than you might think).  Jerome Powell is the newly appointed (2/18) Chairman of "the Fed".  Attendees in this class will learn about Jerome Powell and, based on past actions and statements, what actions he is likely to take with future interest rates.  Lastly, we will study the decision of prior Chairmen (and women) of the Fed and assess the affect they had on long-term and short-term interest rates.

Accounting for Capital Asset Infrastructure for Roads and Utilities

  • Date: 9/20/2018
  • Track: Accounting, Auditing & Budgeting

For entities that report GAAP, Part I of this session will cover accounting for infrastructure including topics such as useful life, componentization, accounting for improvements, asset identification and design, a discussion on the modified approach, and records retention requirements for capital assets.

Part II of this session will discuss the recent capital asset system improvements undertaken by Clark Regional Wastewater District, including the redesign of the District’s capital asset system, the steps taken in making the improvements and key lessons learned.

Financial Reporting for Cash Basis - It's more than just the annual report

  • Date: 9/20/2018
  • Track: Small Entities

The majority of local government in WA State account and report "cash basis". The annual financial report is one mechanism used to provide financial information to management and the legislative bodies responsible for the fiscal oversight of their entities but there is much more that is frequently needed. This session will cover those financial areas that should be reported on a monthly and/or quarterly basis that are considered essential to building strong and fiscally sound local government entities. 

It's not a matter of if but when?

  • Date: 9/20/2018
  • Track: Security

"It's not a matter of if but when?"
Cybersecurity in Government
Join this high energy interactive session on Cybersecurity in Government

2018 Basics of Debt Issuance

  • Date: 9/20/2018
  • Track: Debt Management

Before issuing debt there are many factors that a municipality should consider. This session will serve as a "Debt 101", and will give attendees an overview of the milestones in the debt issuance process, the participants involved, an overview of the statutory limitations and other important considerations in the debt issuance process.

If your entity has a project on the horizon which may call for debt, or you would just like to know more about the process, this session is for you! This session will provide attendees basic information that will be expanded on during other sessions in the debt track.

Affordable Care Act Update

  • Date: 9/20/2018
  • Track: IRS

Learning Objectives

Review the Affordable Care Act (ACA) and current updates

Discuss common misinterpretations of the ACA

Discuss the importance of identifying and documenting measurement periods

Outline current reporting requirements including IRC Section 6055 and 6056

Harnessing the Science of Persuasion

  • Date: 9/20/2018
  • Track: Management/Leadership

No leader can succeed without mastering the art of persuasion.  That is also true for those of us who may not be designated leaders yet want our voices to be heard and the ability to influence others.  There is hard science to persuasion and a large body of psychological research suggests there are six fundamental principles of persuasion. Research shows that persuasion works by appealing to a limited set of deeply rooted human drives and needs and it does so in predictable ways. Persuasion is governed by basic principles that can be taught, learned, and applied. Some of us know how to persuade and influence naturally but the majority of us do not. By mastering these principles, students of the science of persuasion can apply them in their personal and work life. Come to this session and learn the 6 principles of persuasion, how they work and how to apply them. The principles are: Liking, Reciprocity, Social Proof, Consistency, Authority, and Scarcity.

Investment of Core Balances and the Value of Maintaining Discipline in Your Investment Program

  • Date: 9/20/2018
  • Track: Investments

Investment managers who began investing after 2006 are seeing their first Fed tightening cycle. Watching the market value of current investment holdings decline and the LGIP yields exceed their portfolio yields can be painful. However, these are the normal patterns of a tightening cycle. Investors need to maintain a disciplined approach. If a governmental entity has core balances it should explore the pros and cons of investing those balances in longer-term investment options.  In this session we will explore the value of prudently investing core balances further out the yield curve, factors to consider in getting started, and the importance of maintaining discipline in the investment process.  

Methods of Bond Sale

  • Date: 9/20/2018
  • Track: Debt Management

This course will focus on the characteristics of and differences between three types of bond sales: (1) negotiated; (2) competitive; and (3) private placements. We will discuss what you need to know to choose the type of sale that will suit the needs of your entity the best, the timing of when the choice needs to be made, and how to proceed with an RFP if either a negotiated or private placement is selected.

Financial Policies for Small to Mid-Size Entities

  • Date: 9/20/2018
  • Track: Small Entities

Local government entities and their policy needs vary considerably due to differences in size, scope of activities, organizational and staffing structures, technology, and the governing body’s values and priorities. Financial policies should be tailored and designed to meet the needs of your entity type and size. The session will focus on core financial policies such as fund balance and reserves, asset management, debt, and investment policies with an emphasis placed on development of policies for smaller jurisdictions.

The Impact of Tax Reform

  • Date: 9/20/2018
  • Track: IRS

Tax reform is now reality. While there continues to be uncertainty surrounding how the various provisions will impact individuals and businesses, it is important to understand some of the key provisions.  In this session we will address the impact of tax reform on governmental and exempt organizations in addition to providing you with information on how tax reform impacts individuals.   It is important for businesses and individuals to understand how they will be affected moving forward and what actions should be taken to strategically plan for and adapt to the changes.

The Practice of Happiness

  • Date: 9/20/2018
  • Track: Management/Leadership

Recently there has been a dramatic upsurge in scientific studies on Positive Psychology and the Science of Happiness, meaning discovering what makes happy people happy.  These studies point to specific ways of thinking and acting that can strongly impact our sense of happiness and peace of mind.  Experiencing lasting happiness requires you to be OK with not being happy in every moment.  Happiness comes as the result of acceptance and letting go of what “we think should be happening” or what “we think we want to be happening” in favor of what is actually happening. The great irony is that by accepting what life gives in the moment: fear, frustration, anger, resentment, etc.…happiness eventually returns.  Is it true that you must be happy all the time?  What are the ways to find the balance? How can we manage the ups and downs?  Join us to learn secrets about the pursuit of happiness that answer these questions and more. 

 

Fixed Income Investing in the Late Business Cycle

  • Date: 9/20/2018
  • Track: Investments

As the business cycle matures, rates are typically rising as the Fed is firmly in the tightening cycle.  This session will explore different options for structuring portfolios during this dynamic.  Also, we will explore how different portfolio strategies have performed in past economic cycles.

Understanding Refunding Bonds

  • Date: 9/20/2018
  • Track: Debt Management

Come learn about the evolving world of refunding bonds!  What is a refunding?  How do refunding transactions work, and under what circumstances would a municipality pursue a refunding?  This session will cover the mechanics of a refunding, best practices related to refundings, and implications for refundings as a result of the Tax Cuts and Jobs Act of 2018.

Bank Loans - Pricing & Structure

  • Date: 9/20/2018
  • Track: Banking

Bank financing can be opaque.  Not anymore.  Take an hour to learn about the many different types of structures available for your borrowing needs - from fixed rate lines of credit to 30 year terms loans.  The mysteries behind pricing will also be revealed.  It's time to get to know what you don't know! 

Internal Controls over Federal Grants

  • Date: 9/20/2018
  • Track: Accounting, Auditing & Budgeting

Federal grants come with a lot of rules to follow.  They also come with an audit requirement that includes reporting on the government’s internal controls over compliance.  This class will discuss best practices for designing and implementing controls over federal programs that will help local governments better manage their grants and stay in compliance.

Property Tax - ballot measures/levy lid lifts

  • Date: 9/20/2018
  • Track: Small Entities

This session will cover the complexities of levy lid lift options and the associated ballot measure to assure that you receive the intended levy amount for the length of time needed.

Employment Tax and Forms Overview

  • Date: 9/20/2018
  • Track: IRS

This session will cover what taxes employers must pay along with required forms filed with the IRS and Social Security Administration. An overview of best practices to reconcile wages with forms filed and accounting records will also be provided.

 

Introduction to Lean

  • Date: 9/20/2018
  • Track: Management/Leadership

Does it feel impossible to get your work? Or to get it done well or on time? Is it actually impossible to take on more work or a project that you know would be extremely valuable because you don't have the time? Lean can help!

This class will provide an introduction to Lean - its purpose, basic principles, tools, and application.

SAO Roundtable

  • Date: 9/20/2018
  • Track: Accounting, Auditing & Budgeting

A roundtable discussion of current and future topics presented by the Office of the Washington State Auditor. Session handouts will be provided during the session.

Restricted Resources

  • Date: 9/20/2018
  • Track: Small Entities

Local Government, in particular cities and counties receive several resources that are restricted to specific types of use.  This class will review these restricted revenues, discuss how and when you can use them and what legislative changes may have occurred that will impact your ability to use them. 

It's the Market, Stupid

  • Date: 9/20/2018
  • Track: Investments

In this wind-up conversation we discuss the macro factors that can influence the pricing, volatility, liquidity, and relative value of fixed income markets that are pertinent to Washington State Government Investors.

Now What? Post-Issuance Compliance Procedures

  • Date: 9/20/2018
  • Track: Debt Management

Many municipalities have adopted procedures to comply with bond covenants relating to tax exemption and continuing disclosure, including required periodic training. This panel will assist municipalities in reviewing and complying with adopted procedures.

Planning for the Next Recession

  • Date: 9/20/2018
  • Track: General

The economy runs in cycles and it has been a decade since the Great Recession.   The best time to start planning for the next economic downturn is while the economy is good.    This session will cover GFOA best practices, ideas for fiscal policy, and experience from past recessions so that you can prepare your organization for the next downturn.

IRS Form 1099 Reporting: What You Need to Know

  • Date: 9/20/2018
  • Track: IRS

This session will describe the function of the IRS Form 1099, filing requirements, deadlines, and related complexities.

Lean Culture

  • Date: 9/20/2018
  • Track: Management/Leadership

Improve your workplace culture using Lean!  This session will focus on mindset, leadership and environment to create a better workplace.

Investing with Accountability, Confidence, and Transparency

  • Date: 9/20/2018
  • Track: Investments

Public fund investing is becoming more challenging and investment officers are continually seeking tools to empower their investment program and improve their process.  This session will review three key elements to help meet these goals: Accountability, Confidence, and Transparency - ACT Investing.

Session objectives:

  • Accountability: Establish rules to manage your investments while providing support for the investment decision making process.
  • Confidence: Understand the investment purpose and strategy, which will lead to confident investment decisions.
  • Transparency: Clearly document all elements of the investment program that adhere to industry best practice standards.

2018 Single Audit Update

  • Date: 9/20/2018
  • Track: Accounting, Auditing & Budgeting

This course will highlight information related to the application of the Uniform Guidance by local government entities when spending federal funds and its use in audits by the Office of the Washington State Auditor. 

Maintaining your Awareness of Purchasing and Contracting Requirements

  • Date: 9/20/2018
  • Track: Small Entities

This class will cover some of the complex requirements in public purchasing and contracting. If not used regularly, these requirements can be overlooked when a procurement is needed.  The class will provide a review of purchasing requirements, A&E selection, and public works bids and contracts. 

Accounting for Debt

  • Date: 9/20/2018
  • Track: Debt Management

Certified Public Accountant Eva Lindgren (EKL Accounting Solutions, PLLC) will lead 
this session on accounting for debt on both a GAAP and cash basis.

Business Use of Vehicles and Commuter Rules

  • Date: 9/20/2018
  • Track: IRS

Does your employee drive their own vehicle while working for you? This session will unpack related reporting and reimbursement requirements. 

Apples and Oranges: How to Prepare Targeted Requests for Proposals to Optimize your Selection and Contracting Process

  • Date: 9/20/2018
  • Track: General Government

Perhaps you have reviewed dozens of proposals or even sat in on a few zany consultant interviews. But did you ever prepare the original request for proposal, or read the RFP before it was issued? Or, have you ever wondered why some proposals read like soulless boilerplate while others were well-crafted and focused to your specific needs? Were you ever curious why a proposal stated the same details in three different places? This session will give you some tips and guidelines into how you can prepare a quality RFP with the goal and intent of receiving better, more competitive proposals. We will look at what consultants see and how they interpret RFP language--even some of the things they like and don't like about client RFPs. We will also address what purchasing agents should consider when organizing and developing RFP language. And finally, if you ever wondered why consultants keep asking clarifying questions about what "a page" means...we will answer that, too. If you have stories and anecdotes to share regarding your own RFP develop experiences, this is a great time to share.

All the Queen's Horses

  • Date: 9/21/2018
  • Track: General Session

**DOCUMENTARY SCREENING**

How could one woman steal $53 million dollars without anyone noticing?

Rita Crundwell stole $53 million across two decades while in office as the City Comptroller of Dixon, Illinois a small U.S. town with a population of just 16,000. She used the funds to build one of the nation’s leading quarter horse breeding empires all while forcing staff cuts, slashing police budgets and neglecting public infrastructure. While Crundwell was stealing, the City of Dixon was borrowing a significant amount of money to keep the city afloat. After a close colleague turned whistle-blower finally uncovered Crundwell’s fraud scheme and alerted the Mayor in 2012, the FBI arrested Crundwell making her the largest municipal fraud perpetrator in United States history. Directed and produced by Kelly Richmond Pope, Ph.D., CPA, CFE, ALL THE QUEEN’S HORSES is the riveting story of how a pillar of the community could so callously execute a scam of such magnitude.

Cash Flow Confidence

  • Date: 9/21/2018
  • Track: Investments

Investing cash starts with knowing when you need cash. Increasing clarity of cash projections is the first step to optimizing investment results. Gain insight through real life experiences to improve inter-department communication and tactical analysis.
Session Objectives:

  •  Identify the connection between optimizing cash and minimizing risk
  • Compare methods commonly used for projecting cash
  • Learn how to improve practices to enhance internal communication

Why does Fraud Happen?

  • Date: 9/21/2018
  • Track: Fraud

In this interactive session, we will explore how fraud happens. Based on research and interviews with convicted white-collar felons and whistle-blowers, researcher and filmmaker Dr. Kelly Richmond Pope will discuss several recent cases and explore the question of how and why fraud continues to happen

Mastering Team Leadership with the Five Behaviors of a Cohesive Team

  • Date: 9/21/2018
  • Track: Leadership

Would you like to:

  • Improve team performance and generate better results?

  • Raise the level of engagement on your team?

  • Foster more productive relationships between members of your team?

  • Increase the effectiveness of your team communications?

This session will introduce you to the concepts that will help your team become more productive and—more fun!

Data Tools and Resources for Local Governments

  • Date: 9/21/2018
  • Track: Accounting, Auditing & Budgeting

Come find out the latest tools and resources available through the Office of the Washington State Auditor Performance Center. See what’s new with current data tools that are useful for analyzing and managing your financial resources and learn about future development plans.


Since this is an interactive session, no handouts are provided.

Public Funds Investing Made Easy

  • Date: 9/21/2018
  • Track: Investments

Public Funds Investing can be easy.  Let's take the mystery out of it... This jargon free class begins at the "kindergarten" level.  Slowly we'll progress from diagramming a typical bond to laying out the cash flows.  We'll answer the question, "Is it better to buy a bond at a discount or premium"? (Careful, it is a trick question!)

Have you ever wondered if there is a "Build In Penalty" for liquidating a bond early? We'll demonstrate what happens if the investor needs to sell a security before maturity.  We'll also diagram a callable US Government Agency bond and explain how a bond issuer decides whether or not to call a bond.  We'll get a lot done in 50 minutes...

If you have ever had that nagging feeling that your public funds could be working harder but couldn't' get through all the "investment jargon", this is the class for you! 

Mastering Team Leadership with the Five Behaviors of a Cohesive Team

  • Date: 9/21/2018
  • Track: Leadership

NOTE:  This session is a repeat of the prior session so that everyone has a chance to attend!

Would you like to:

  • Improve team performance and generate better results?

  • Raise the level of engagement on your team?

  • Foster more productive relationships between members of your team?

  • Increase the effectiveness of your team communications?

This session will introduce you to the concepts that will help your team become more productive and—more fun!

Case Studies - Fraud Protection and Detection

  • Date: 9/21/2018
  • Track: Fraud

This session will focus on case studies and lessons learned. The Office of the State Auditor will also discuss methods of detection and the importance of effective internal controls for fraud prevention.

Front-line Liability Issues Overview

  • Date: 9/21/2018
  • Track: Risk Management

This training focuses on the leading personnel problems that result in claims and/or litigation.  Clear Risk Solutions' experience defending entities in court lends a sophisticated understanding of liability-related issues.  The training underscores basic information as it relates to: sexual harassment, employee discipline, use of force, intimidation and bullying, employee rights, negligent hiring or negligent retention, negligent supervision, retaliation, deliberate indifference, and due process.  This overview is valuable training for both supervisors and employees interested in learning to minimize liability in their workplace.