Tuesday, April 16

Tentative Agenda
Topics and speakers are subject to change

Show your commitment to GFOAT and your career; attend a committee meeting and get involved. The informal nature of these meetings allows you to experience more than one committee.  You can pick the committee that suits you best.

Tuesday, April 16

 7:00–8:00 a.m.
This breakfast buffet is for all conference attendees.
Rio Exhibit Hall B – Lower Level

8:10–9:25 a.m.

 Texas Municipal Retirement System Pension Update
Hear from TMRS staff members on new customer service initiatives they are implementing, the over financial picture of TMRS including how they compare to other state pension plans plus pending pension legislation.
Eric W. Davis, Deputy Executive Director and Debra J. Munoz, Director of Member Services, Texas Municipal Retirement System
Ballroom A

Texas Property Tax Reform and Relief Act of 2019 and your City’s Bond Rating
Hear from rating agency staff, city financial professionals and financial advisors on the potential negative effect passage of the Texas Property Tax Reform and Relief Act of 2019 could have on your city’s credit rating.
Keith Dagen, Director of Finance, City of Richardson, Gera McGuire, VP-Sr Credit Officer/Manager, Moody’s Investors Service and Andrew T. Friedman, Managing Director, SAMCO Capital Markets
Ballroom B

 Accounting for Leases GASB #87
Come get advice on how to become compliant with GASB Statement # 87 and receive advise on how to manage the changes in lease accounting as well as tips on getting ready for implementation.
Lisa Parker
, Senior Project Manager, Governmental Accounting Standards Board  and  Blake Rogers, Partner, Audit & Assurance, Deloitte & Touche LLP
Wedgwood Ballroom

9:40–10:30 a.m.

 Planning for an Economic Downturn
Is your city ready for the next economic downturn? Most economist agree that the current economic expansion cannot continue forever and the next recession may be just a couple of years away. In this session hear from a panel of finance/budget officials on how their city responded to the last economic recession and the innovative tools they are planning on utilizing for the next downturn.
Jennifer Brown, Finance Director, City of Sugar Land
Moderator: Karen Rhodes-Whitley, Budget Director, City of Plano
Ballroom A

Speaking to the Media
Come listen to a professional in public information and get some advice on how to speak to the media.
Jolene DeVito, Police Public Information Officer, City of Carrollton
Ballrooom B

Fiduciary Funds GASB #84
Join us for a deeper dive into GASB 84, the new fiduciary activities standard. This statement reflects a significant change in the standards for accounting and financial reporting for fiduciary activities, and it is effective for fiscal years ending on or after December 31, 2019.
Lisa Parker, Senior Project Manager, Government Accounting Standards Board
Wedgwood Ballroom

10:30–11:00 a.m.
The Arbor Foyer

11:00 a.m.–Noon

 Accounting Fraud and Embezzlement:  Case Studies from the Trenches
Governmental entities are the second largest victims of embezzlement.  This session examines recent events involving the theft of public money and the circumstances that allowed the fraud to occur.  Case studies we will examine include, among others, the 2012 $54 million embezzlement from the City of Dixon by Rita Crundwell.   The events that impacted the small Illinois town of 16,000 residents was the largest governmental fraud case to date, and spanned an astonishing 20 years.  This remarkable story inspired an award-winning documentary, All the Queen’s Horses.
Allison M. McLeod, LL.M., CPA, Attorney at Law
Ballroom A

1:15 p.m.
The Bruce Testa Semi Annual Golf Outing is scheduled for Tuesday, April 16 at the Star Ranch Golf Club, located at 2500 FM 685, Hutto, TX 78634. Tee times starting at 1:15 PM. The cost is $49.00 plus tax per person, which includes the green fee, cart, range and lunch from the all-inclusive buffet. This will be a Florida Scramble (bogey is your friend) and four closets to the pin contest and long drive holes contest for men and women. The golf outing is limited to 40 golfers so sign up right away by emailing Tony Sekaly at tony.sekaly@texasclass.com or call 713-502-8575.

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