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GFOA's 2021 Virtual Conference will feature 50+ sessions on various public finance-related topics.

This year marks the beginning of the 117th Congress. Together with a new administration, there are many changes on the horizon for state and local governments related to tax and funding priorities at a federal level. In this session, speakers will provide an overview of current plans, which options are most likely to impact your government, and where finance officers can look for more information. Specific emphasis will be placed on exploring strategies for enhancing infrastructure in communities across the United States and how GFOA's advocacy efforts can keep you connected to the latest developments from Washington, DC.

Senior Policy Advisor

Deputy Assistant Secretary - Intergovernmental Affairs, U.S. Department of Transportation

Emergency Management Specialist, Federal Emergency Management Agency

New Congress, New Administration, New Goals

Debt Management

The COVID-19 pandemic and resulting economic crisis is the latest in a revolving door of events that have had significant impacts for governments and their ability to budget and provide for the continuity of services. Too often governments have relied upon staid long-term financial plans with minor incremental adjustments for annual growth/retraction for revenues and expenditures. With these regular challenges, how can governments better prepare to help identify their budget vulnerabilities and plan for addressing these gaps in order to build financial resiliency? This session will focus on the  importance of stress tests, where to get started, how to choose scenarios, strategies for refining your approach and better using information to make decisions. Making stress tests a regular part of long-term financial planning will have impacts throughout your organization's financial and operational plans.

Director, Baker Tilly Municipal Advisors

City Manager, City of Brownsville, TX

Finance Director, City of Grain Valley, MO

Budgeting for the Unexpected: Leveraging Stress Tests to Promote Resiliency

Budgeting and Forecasting

Join GFOA’s COVID-19 Rescue, Relief and Recovery Panel featuring a national perspective on the fiscal challenges resulting from the ongoing public health crisis, and a discussion to shed light on the policy tools already in place and those being debated at the federal level to ensure a successful recovery.

United States Representative, Indiana 2nd district

Counselor to the United States Secretary of the Treasury, Director of the Office of Recovery Programs

GFOA Past President, Deputy County Manager, Mecklenburg County, NC

Finance Director, Howard County, MD

GFOA President-Elect Town Manager, Berwyn Heights, MD

GFOA President, Finance Director, City of Aurora, CO

Public Finance Director, Indiana Finance Authority

Over the past year, many governments were forced to make an abrupt transition to remote work and successfully implemented technology enabling electronic signatures, online payments, paperless workflows, remote meetings, and more. As governments work to plan for a return to "normal," what will that look like and how can we learn from the technology and process improvements to take the next step towards a more modern government? Speakers will look back and highlight major accomplishments, discuss what they would do differently given the chance, and what it could all mean for the future and our ability to react (or plan) for the next crisis.

Assistant Director - Public Utilities, City of Raleigh, NC

Director of Finance and Treasurer, City of Mississauga, ON

Deputy Chief Financial Officer, San Francisco Public Utilities Commission

We’ve Always Done It This Way: How COVID Forced  Governments to Overcome Resistance to Change

Business Process Improvement

Within their organizations, GFOA believes finance officers should approach their jobs like chefs (innovating, experimenting, and strategizing), rather than like cooks (following a strict protocol to produce a pre-determined outcome).  A finance officer who operates like a chef is well-positioned to lead an organization through different types of challenges, serving as a problem solver to best apply a range of skills across a variety of current demands. In this session, learn how you can change your approach to "cooking” to better leverage your skills, and increase your value to an organization.

Financial Strategy Manager, Town of Cary, NC

Director of Management and Budget, City of San Antonio, TX

City Treasurer, General Manager Finance, City of Guelph, ON

Chefs vs. Cooks:  Applying a Problem Solving Approach to Public Finance

Leadership, Ethics, and Trust

When LIBOR ceases to exist, state and local governments need to be sure that their exposure to the reference rate is also gone. Where can you find your exposure? And when you find it, what should you do about it? This panel will discuss considerations for issuers as you seek to eliminate LIBOR in your financial contracts and other places that LIBOR may currently be used.

Chief Financial Officer, Iowa Finance Authority

Partner, Nixon Peabody LLP

President, Sycamore Advisors LLC

Senior Counsel, Wells Fargo

Where to Find Your LIBOR and What to do About It

Accounting and Financial Reporting

Treasury and Investment Management

Compensation and benefits are critical considerations for recruitment and retention and can exceed seventy to eighty percent of a government's operating budget. This session will cover the benefits and payroll implications of the pandemic, including the recent stimulus bills, CARES, CCA, and ARPA.  Specific topics will include how to deal with remote employees, tax consequences associated with various pandemic-related benefits, Form 1099 rules for grant reporting, needed updates to an agency’s retirement and health benefit programs including deadlines, and required communications to employees and retirees.

Finance Director, Town of Eaton, CO

Executive Director, IPMA-HR

Partner, Pillsbury Winthrop Shaw Pittman LLP

Senior IT Systems Analyst, City and County of Denver - DoIT

Show Me the Money: Trends in Compensation and Benefits Administration

Compensation and Benefits

Governments are continuing to shift away from traditional payable methods, especially checks. As organizations continue to search for ways to minimize internal paperwork and utilize modern payment methods, governments should be aware of options to facilitate streamlining payables functions in the Treasury office. This session will explore digital alternatives to traditional payables options available for the public sector, the policies and procedures necessary to implement them, and what other creative payment alternatives are on the horizon for state and local governments.

Director of Finance, City of Kansas City, Missouri

Assistant Chief Financial Officer, City of North Little Rock, AR

Cutting Your Last Check: Creative Alternatives to Traditional Payment Methods

Join us for GFOA’s Black Caucus 2021 Annual Business Meeting. Established in 1991, the mission of the Caucus is to support the aspirations and achievements of African American public finance officers; to pursue professional development opportunities for Caucus members; and to sponsor projects to assist African Americans seeking careers in government finance. In addition to an update and recap of the Caucus’s activities, attendees will also hear from a guest speaker who will provide career insight.

Senior Accountant, Federal & State Programs, Texas Health Resources

Chief Financial Officer, City of Miramar, FL

Finance Manager, Broward County, Florida
Mobility Advancement Program

Treasurer, City of Atlanta, Georgia

CFO, City of Atlanta, GA

GFOA Black Caucus Annual Business Meeting

It's difficult not to come down with "Shiny Object Syndrome" (SOS), during an ERP implementation software vendors invest billions in their reporting tools, workflow, self-service capabilities, mobile features, advanced analytics, machine learning, and user interfaces and provide an easy fix to solve all of a government's problems. However, implementing process improvements is much less about the technology and more about governance, communications, readiness, and a project culture that values diverse perspectives, working together, and a focused vision for the organization. Attend this session to hear from practitioners and GFOA staff from the Research and Consulting Center to learn effective strategies for process improvement to go along with your next technology implementation.

Performance Management Specialist, City of Olympia, WA

HRP Project Manager - Office of the Controller, City of Los Angeles, CA

Chief Deputy Controller, City of Los Angeles, CA

Senior Manager

SOS:  Focusing on Core Elements of Process Improvement

Every government manages capital assets, but many governments inadequately fund their ongoing maintenance and lack the data needed to manage assets optimally. Failure to manage assets effectively can result in ballooning deferred maintenance backlogs at best and catastrophic asset failure at worst. This session describes how each community can take a more strategic approach to capital asset management, based on case study examples from local governments that are considered leaders in the field. The session will address how the Finance Department should work with other stakeholders, the key competencies you need to build in your organization, and how to remedy common capability gaps.

CEO, Traininer and Consultant, icInfrastrucutre

Executive Manager of Finance, West Basin Municipal Water District, CA

Co-founder, Assetic (a Brightly Company)

Retired Head of Transformation Program Delivery and Asset Management, New York Metropolitan Transportation Authority

Owner, Greg Chartier Consulting

Bye Bye Backlogs: Strategic Capital Asset Management

Capital Planning and Asset Management

Governments use a variety of external advisors and providers to help manage aspects of their investment program. In this session, speakers will discuss how to  determine whether a government may need an investment adviser to assist with planning and portfolio management, how to use broker/dealers to buy and sell investments, and work with banks and other parties to purchase investment products. In this session, governments will gain insights on the roles of these professionals and how, alongside finance officers, an entity’s investment program can be well managed.

Finance Director, Chatham County, GA

Senior Portfolio Manager, Hilltop Securities

CFO/Finance & Central Services Division Manager, Anoka County, MN

Who’s Who in Public Investing: Understanding The Role of External Advisors

Without probabilities, the only way to deal with risk is the gut. Unfortunately, research has shown that using your gut feel to manage risk leads to inconsistent, overconfident, and just plain wrong decisions. The Insurance industry, for examples, is based on probabilistic thinking and some of the same concepts that make insurance companies successful can be used to help local governments make better decisions. In this session, you will learn about essential concepts in applying probabilities that will help you see uncertainty in the world differently and help you make better decisions for your organization.

Executive Director, ProbabilityManagement.org

Thinking Probabilistically: The Essential Risk Management Tool

Risk Assessment

The underlying premise of traditional economic development strategies is that subsidies incentivize firms to take actions that they wouldn’t have otherwise taken. For example, the incentive can initiate hiring new employees, locating a business in a particular area, or expanding production. However, research suggests that these incentives are often not as effective as they may seem and we may hope. Alternatively, incentives that are not effective are wasted resources that could have been used to support other public programs. In this session, speakers will examine what makes incentives more or less likely to be effective, how to increase the odds that incentives will work, and which alternatives to traditional incentive-led approaches can better accomplish economic development goals.

Director, Equity Impact, Department of Economic Equity & Opportunity, Harris County, TX

City Manager, City of Sturgis, SD

City Manager, City of Peoria, AZ

Rethinking Local Government Economic Development

Economic Development

With a focus on tasks and transactions, it can be easy to get lost in financial reports, budget documents, cash receipts, and continuing disclosures and not see the larger impact that the Finance Office can have on the community. In this session, speakers will explain the importance of seeing the big picture and understanding how to connect and define the role of finance with the purpose of government and the outcomes it works to achieve. From there, finance officers can emerge as leaders, better coordinate resources, and understand the implications of certain financial policies and actions on overall community values like trust, equity, and engagement.

Well-being Economist, Anielski Management Inc.

Associate Dean, Diversity Equity and Inclusion, School of Data Science, University of Virginia

City Manager, City of Yakima, WA

Know Your Why: Connecting with the Community

Issuers active in the municipal bond market are no strangers to the pressure for providing up-to-date financial information, especially in light of COVID-19. This session will highlight opportunities for voluntary disclosure to the market and how issuers should evaluate the amount and type of information being disclosed. Panelists will also discuss how to leverage your financing team in making those decisions.

Partner, Schiff Hardin LLP

Chief Assistant County Administrator, Contra Costa County, California, CA

Capital Finance Director, State of Wisconsin

Principal Consultant & Founder/NFMA Past Chair, Muni Credit & Compliance Advisors LLC

Will it Ever Be Enough? Considerations for Voluntary Issuer Disclosure

The COVID-19 pandemic has caused many governments to address their technology needs and look for alternatives to existing in-person or paper-based approaches for managing the treasury function. Citizens, vendors, and the government itself can benefit from online technology resources for making and receiving payments. Governments can also utilize broader technology infrastructure systems like enterprise resource planning (ERP) systems to better manage and track various treasury functions. This session will discuss ERP implementation for the treasury function, GFOA best practices related to embracing technology solutions for all treasury operations, and lessons learned from practitioners who have implemented new technologies in the Treasury Department.

Senior Vice President and Market Leader-Public Sector Banking, Bank of America

City Treasurer, City of Grand Rapids, MI

Debt Manager, City of Phoenix, AZ

Leveraging Technology to Help with Essential Treasury Functions

Government is inherently political and with politics comes disagreement, uncertainty, and emotion. However, the nature of our politics has changed in recent years and, with it, the level of risk for government. Political conflict today is characterized by decreasing trust in institutions and deteriorating norms of governance. In this session, we will explore how this risk threatens good public finance and what can be done about it.

Assistant City Manager, City of Staunton, VA

Co-Founder & Executive Director, OpenMind

Elected Clerk, Bingham County, ID

Budget Director, Clark County, WA

The effects of the COVID-19 pandemic have been felt by communities throughout the country. The CARES Act and the American Rescue Plan Act of 2021 both provided $500 billion in funding to state and local governments for rescue and recovery. In this session, we will discuss lessons learned from the already-appropriated funds and discuss the potential for an infrastructure plan on the horizon for state and local governments. Additionally, staff from GFOA's Federal Liaison Center will review where we have been in the 116th Congress and where the 117th will likely take us.

Director, Federal Liaison Center

Year in Washington: 2021 GFOA Federal Update

Procurement

Finance officers can often take comfort focusing on the detailed aspects of numbers, spreadsheets, financial statements, and accounting standards. Formal training to become a finance officer focuses on technical skills and organizations rely on application of those technical capabilities. However, to be truly effective and best serve our organizations and communities, finance officer's need to develop their leadership skills in the same way - training and practice. In this session, speakers will highlight essential leadership skills for finance officers and how you can build these skills through a combination of formal training, ongoing practice, and experience.

County Auditor, Williamson County, TX

Budget Services Manager, County of Fauquier, VA

Collegiate Assistant Professor, Virginia Tech

Deputy County Administrator, Fauquier County, VA

It's Not All About the Numbers:  Important Leadership Skills for the Finance Officer

Small governments provide unique experiences for finance officers, often requiring them to wear multiple hats and balance scarce resources with limited financial capacity. The proximity between finance officers and the residents they serve is also typically less within small communities than larger communities, making things like public trust, transparency and open communication critical.  For this event, the Small Government Forum will provide an update on their activities in 2020, and a preview on what is to come in 2021.  This will be followed directly by three concurrent roundtable discussions on Debt Issuance, Managing Economic Development Projects, and Staff Development within small governments.  These resource round tables will allow public finance officers working in small governments to ask questions, hear from their colleagues, and share their experiences and resources they've used in the past.

Finance Manager/Treasurer, Lake Whatcom Water and Sewer District, WA

Assistant City Manager, City of Rockledge, FL

Chief Financial Officer & Tax Collector, Township of Boonton, NJ

City Administrator, City of Gilroy, CA

Chief Organizational Development Consultant, Berry Organizational and Leadership Development LLC

Administrative Services Director, City of Chaska, MN

Small Government Forum (SGF) Resource Round Table

GFOA recommends that governments receive an independent audit for financial statements and single audits. But how should you select and contract for this essential role? Many governments choose their own independent auditors and in this session, speakers will explore GFOA's best practices for seeking, choosing, contracting, and working with auditors to give taxpayers and other resource providers third-party assurance. In addition, speakers will provide recommendations on how you can best manage this relationship and control the required effort and costs of doing so.

VP of Administrative Services, Fresno City College

Finance and Accounting Manager, City of Red Wing, MN

Appointing the Ump: GFOA Best Practices For Selecting an Independent Auditor

How do you get to know your customer and design your products and services to be customer-centric in a way that doesn’t require a lot of heavy lifting? Learn how to address problems and just make things better without conducting research projects or hiring outside consultants. In this session, learn tips, tricks, and proven methods that you can apply immediately in designing processes with your internal and external customers in mind.

Principal, Behavioral Science, BehavioralSight

Senior Director, Egg Strategy

Mixed Methods Researcher, Facebook

Promoting Trust and Respect with Design Thinking

The acquisition cost of an asset is just a portion of the total cost of owning it. Ongoing maintenance significantly adds to that cost. Moreover, failure to keep up with asset maintenance can result in premature deterioration, an increased risk of failure, and higher total costs. Life cycle cost analysis helps guard against these risks by considering the entire cost of owning the asset over its entire life. In this session, you will see how life cycle costing can help governments make smarter, more cost-effective, and geographically equitable spending decisions, and how you can get started in implementing this approach in your organization.

President, Water Finance Research

Life Cycle Costing: Promoting Long-Term Thinking and Equitable Distribution of Resources in Asset Maintenance

Since the issuance of GASB Statement No. 14, The Financial Reporting Entity, approximately forty years ago, nineteen subsequent statements - up to and including GASB Statement No. 97 - have affected what legal entities compose a governmental financial reporting entity, and how each should be included.  In this session, speakers will explain the current authoritative guidance and share their practical experience about properly identifying and incorporating all kinds of  component units (CUs), including fiduciary CUs and CUs with their own CUs into a primary government's financial reporting entity.

Director of Finance, City of Elmhurst, IL

Director, Quality Control, Sikich LLP

In or Out?  Understanding the Latest Guidance on the Finance Reporting Entity

With the onset of COVID-19 some employees, now working remotely, opted to move out of large urban metros areas into smaller towns. This migration led to a financial impact in both areas. How did these small towns address a large and unplanned demand for service?  What was the impact on tax revenues, property values, and the economy? Speakers will explore what this means for those areas if the trend continues. Going forward, all finance officers can learn from these experiences and how to better prepare for the next large change in their communities.

Upon completion of this session, attendees will be able to:

Understand impacts from recent shifts in community populations stemming from the growing remote workforce.

Develop expectations for how their jurisdiction may be affected by shifts to and from rural/urban localities.

Identify what challenges and obstacles their municipality could be facing should these trends continue or accelerate.

City Manager, City of Kalispell, MT

Zoom Towns: The Impact of Remote Work on Our Communities

New accounting and financial reporting for fiduciary activities has required governments to revisit virtually every preexisting fiduciary fund to determine if it meets the new, higher threshold for fiduciary activities established by GASB Statement No. 84 and related implementation guidance. In this session, you will hear from those who have completed these determinations and those who audit them on lessons learned.

Comptroller, Fairfax County Public Schools, VA

Public Service Associate Faculty, University of Georgia - Carl Vinson Institute of Government

Partner, National Public Sector Technical Leader, Plante Moran

Deputy Finance Director, Macomb County Government, MI

Trustworthy: Implementing GASB Statement No. 84, Fiduciary Activities

While providing state and local governments with critical funding for COVID-related expenditures and to offset revenue loss from the economic shutdown, the federal government has also created an evolving set of rules and regulations for recipients to follow. In this session, speakers will hopefully demystify available guidance on COVID-related grants to help you prepare financial statements, including the schedules of expenditures of federal awards (SEFA).

Finance Director, City of San Antonio, TX

Partner, Plante Moran

Who CARES? Single Audit and Reporting Implications of the CARES Act and Other Federal Grants for COVID

Finance officers are stewards of their community, helping to allocate resources and manage implementation of programs and services. Increasingly, conversations on results have included an equity lens. What is equity and what does it mean for public finance? In this session, hear from finance officers on how they have embraced equity into their operating vernacular, built and continue to build an awareness around implicit bias, and recognize the challenges in focusing on the topic. In addition, speakers will provide guidance to help you include an equity focus in your organization - when to introduce equity, how to best communicate equity issues, and why it matters.

Executive Director, Budget Services, Atlanta Public Schools

Director of Finance/Treasurer, San Diego County Water Authority

Strategic Workforce Equity Coordinator, City of Dubuque, IA

Director of Human Resources, Pierce County, WA

Time to Talk Equity: When, How, and Why to Have the Discussion

The focus of GFOA's Women's Public Finance Network (WPFN) is to foster the careers of women in public finance through education, networking, and mentoring opportunities. Join WPFN for its annual business meeting as we celebrate on the past year, welcome the 2021-2022 officers, and meet fellow women and allies in public finance.

Assistant County Administrator, Richland County, Columbia, SC

Special Projects Manager, Collier County Clerk of the Circuit Court & Comptroller, Naples, FL

Finance Director, City of North Little Rock, AR

While governments are not always viewed as leaders when it comes to technology adoption, that is not always true. Over the past year, many have been able to quickly adapt to the changing landscape. Going forward, governments are presented with new opportunities for changing service delivery, modernizing operations, becoming more efficient, or delivering new ways to connect with citizens.  In this session, speakers will share their insights on emerging technologies for the finance officer, strategies for moving forward, and how best to prepare the organization for adoption.

Sr. Managing Partner for Government Strategy, Workday

Associate Partner, IBM

Director, State & Local ERP/EPM Strategy, Oracle

Founder & CEO, Munera Inc.

Director of Financial Systems, City of Atlanta, GA

Senior Manager, Public Policy & Smart City Partnerships, Rubicon

ERP Systems and Technology

As with nearly all public services, police have been asked to do more with less and forced to assume roles and responsibilities outside of their core area of expertise. While these issues are not new, awareness and visibility of police misconduct is at an all-time high and has fueled public demand for change. How can finance officers work with their peers in public safety to implement reforms? All governments need to look at how police departments are funded and understand the role that line item budgeting, repeated budget cuts, and misalignment of funding and results has contributed to the current situation and the calls for change. In this session, speakers will address how to make improvements to how governments budget for police, build strong relationships in your organization, better engage the community, and work towards improving public trust.

Chief of Police, Village of Oak Park, IL

Retired Deputy Director/Consultant, Houston Police Department

Rethinking Police Budgeting: Practical Approaches for a Better Community

Balancing a budget most often means cutting services. Almost all governments have faced pressure to raise additional revenue or cut services when the community is most at need. Focusing on values during the budget process can align service provision to community needs.  In this session, find out how other governments have been able to better align funding with community values, improve outcomes for the most in need, remain fiscally sustainable, and improve public trust.

Finance Director, City of Richmond, VA

CEO, Co-founder, ResourceX (Resource Exploration)

Director of Finance and Budget, City of Dubuque, IA

Deputy County Administrator for Administrative Services, Hanover County, VA

Director of Business Services, School District of Fort Atkinson, WI

Value Based Budgeting: Establishing Values Before Difficult Times

Municipal bond issuance remained strong throughout all of 2020 despite the pandemic. For example, the issuance of taxable bonds increased drastically in the last year due in large part to recent tax law changes and favorable market conditions. If you are considering accessing capital in the future, attend this session to hear from speakers what factors you would be considering to determine pricing, structure, and type of security. Speakers will also discuss their recent experience and share lessons learned for all state and local government issuers.

Managing Director, Stifel

Director, Hilltop Securities

Assistant Director of Debt & Strategic Planning, City of Chesapeake, VA

Effective collaboration between finance officers and  engineers is essential to implement your capital program and build and maintain the infrastructure that is necessary to a thriving community. Collaboration encourages thoughtful planning, well-designed projects, and cost effective solutions. Yet, finance officers and engineers often have different ways of approaching challenges and this can impede collaboration. This session examines how  finance officers, engineers and other local government leaders, can improve results, build better relationships, and help build more sustainable organizations.

County Engineer, Champaign County, IL

Finance Officers are from Mars, Engineers are from Venus

During this annual session, speakers will provide a comprehensive overview of the key developments in accounting, auditing, and financial reporting that affect state and local governments. Topics include recently promulgated standards and upcoming implementations with related practice issues, as well as developments related to current GASB projects likely to affect preparers and auditors in the near future.

Guitar with words Austin Texas 2022 and GFOA's Logo

2021 Virtual Conference Sessions: Risk Assessment

Browse by topic:

Sessions for Monday, July 12

No risk assessment sessions for July 12

Sessions for Tuesday, July 13

No risk assessment sessions for July 13

Sessions for Wednesday, July 14

No risk assessment sessions for July 14

Sessions for Thursday, July 15

No risk assessment sessions for July 15

Sessions for Friday, July 16

Thinking Probabilistically: The Essential Risk Management Tool

Sessions for Monday, July 19

Political Risk and its Consequences

Sessions for Tuesday, July 20

No risk assessment sessions for July 20

Sessions for Wednesday, July 21

No risk assessment sessions for July 21

Sessions for Thursday, July 22

No risk assessment sessions for July 22

Sessions for Friday, July 23

No risk assessment sessions for July 23