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AGENDA |
Monday, May 2, 2022 |
7:00 a.m. - 5:00 p.m. | Registration |
7:30 a.m. - 6:30 p.m. | Exhibit Hall Open |
7:30 a.m. - 8:30 a.m. | Complimentary Breakfast First Time Attendees and New Members Breakfast |
8:30 a.m. - 8:45 a.m. | Welcome and Opening Remarks |
8:45 a.m. - 9:45a.m. | Opening Keynote Auditor General, Timothy DeFoor Deputy Auditor General for Audits, Gordon Denlinger |
9:45 a.m. - 10:15 a.m. | Break with Exhibitors |
10:15 a.m. - 11:30 a.m. | Concurrent Sessions Trends and Strategies in the Municipal Bond Market 2022 David Unkovic, Esquire, McNees Wallace & Nurick LLC Timothy Frenz, Managing Director, Janney Montgomery Scott Zachary Williard, Managing Director, PFM Financial Advisors So much is happening in the bond market, from rising interest rates, to Cinderella bonds and other ways to address refundings, to interest in and focus on ESG bonds, to recent SEC enforcement actions. This panel, including an investment banker, a financial advisor, and a bond counsel, will review these and other recent developments. How to Use Costs to Leverage Proposals in Bargaining Collective bargaining in the private sector is dominated by consideration of the “cents per hour” impact of the collective bargaining proposals that are on the table, but that is often not the case in public sector bargaining. Most collective bargaining proposals carry an economic cost, but those costs are sometimes overlooked, are not readily apparent, or are never even calculated by public employers. This session will address ways that public employers can analyze the costs of bargaining proposals and collective bargaining provisions to obtain cost-savings or to control further spending. Proposed legislation that would require public notice of collective bargaining settlements, a disclosure of cost information, and potentially even public bargaining will also be addressed. |
11:30 a.m. - 12:00 p.m. | Please Visit Our Exhibitors Before Lunch Begins |
12:00 p.m. - 1:00 p.m. | Luncheon |
1:00 p.m. - 1:50 p.m. | Concurrent Sessions Governmental Pensions: A Plan-Centric Approach to Liability Driven Investments Sarah Palmquist, Director, Sterling Capital Management Brad Barrett, Director, Sterling Capital Management Shane Burke, Executive Director, Sterling Capital Management Governmental pension plans face enormous challenges with increasing pension debt and unfunded liabilities. Sterling Capital Management, an independent subsidiary of BB&T, now Truist, will present a plan-specific approach to investing pension assets in accordance with a plan's unique liability profile. A panel discussion will include insights into how to use actuarial data to create meaningful and actionable steps to improve the pension portfolio asset allocation and overall plan outcomes. Steps After the Audit Staying in touch after the audit ends will ensure your organization stays on track for next year's engagement. Topics covered will include what types of information to communicate with your auditor between audits, areas of focus as the board/management reviews the audit, and potential areas in which your organization can improve. |
1:50 p.m. - 2:10 p.m. | Break with Exhibitors |
2:10 p.m. - 3:00 p.m. | Concurrent Sessions Tips for Sharing Financial Stories with Your Board Many government finance officials are frequently asked to present on complex financial issues for their boards, which can be comprised of members with diverse industry experiences. This presentation will cover how finance officials can leverage presentation tools, analytics, and more to break down common public finance topics for their stakeholders and boards. ARPA Update (American Rescue Plan Act) Dave Mitchell, Esquire, Partner, Campbell Durrant, P.C. Overview and update on the ARPA (American Rescue Plan Act) funding, requirements, compliance and related reporting. This could also include how to do the lost revenue calculation and potential uses of funds. |
3:00 p.m. - 3:20 p.m. | Break with Exhibitors |
3:20 p.m. - 4:10 p.m. | Concurrent Sessions Rates Go Up, Rates Go
Down - You Just Need to Have a Plan Similar to the 2008 financial crisis, the COVID-19 pandemic triggered Federal Reserve (Fed) action and, with it, introduced low interest rates. What did we learn from last time that could help us presently? How are things different? This session will dust off strategies and lessons from the credit crisis, including a review of players like the Fed and its role in the interest rate environment. GASB - Building an Action Plan for GASB 87 GASB-87 represents a significant change in lease accounting standards. After completing this course, you will be able to:
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4:10 p.m. - 4:30 p.m. | Break with Exhibitors |
4:30 p.m. - 5:20 p.m. | Concurrent Sessions Blockchain and Digital Currencies Aggressive monetary and fiscal policies to combat COVID19 have ushered the consensus view that high inflation is inevitable. Thinking about inflation through the lenses of the labor market has served well in the past, but the dynamics that are currently driving prices have materially changed. The risk for higher inflation is at its highest level in years, but M2 money supply and US dollar pressures remain relatively subdued. Details will be given as to why the current economic backdrop does not present an inflationary threat similar to that in the 1970s. A framework of inflation metrics will be outlined that allows practitioners to identify signs of sustainable price pressures on a cyclical and secular basis. A good understanding of the factors that drive inflation will help in formulating an appropriate risk management strategy at the balance-sheet and portfolio level. Session will provide an overview of the advantages / disadvantages to the technology and the general impact on adoption. We will conclude with an overview of several high level blockchain initiatives / activities going on in the financial sector. How to Spend it: Best Practices for Capital Improvement and Manage Federal Funds Managing capital improvement planning has taken center stage with ARPA and Infrastructure funding and a renewed focus on growth and development for many cities and counties. Capital improvement planning is work often done on separate spreadsheets and off the side of desks, but it’s becoming fundamental to the long-term growth and strategies of cities and counties. In response, leading finance teams are building more efficient, compliant, and transparent workflows. From documentation, to determination, to contract management, reporting and transparency, these cities and counties are creating new, efficient processes to ensure that funds are properly allocated, spent, managed, and reported. Join this session to learn how to:
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5:30 p.m. - 6:15 p.m. | Reception with Exhibitors |
6:15 p.m. - 8:15 p.m. | Reception Dinner |