We are excited to host the fifth annual COLOTRUST Public Funds Seminar on October 24, 2019, at the Fossil Trace Golf Course in Golden from 9:00 a.m. – 4:00 p.m. Join us for an informative day of learning; this is a great opportunity to enhance your knowledge of managing public funds, governmental accounting, and leadership. The overall program knowledge level for this group live seminar is intermediate, and there are no prerequisites or advanced preparation necessary. Lunch will be provided, and the seminar is free of charge! There are limited seats available, so save your spot today.
Registration & Breakfast
9:30 – 10:30 a.m.
The Big Issues Facing Colorado’s Local Governments
Speaker: Sam Mamet, Retired Executive Director – Colorado Municipal League
Field of Study: Leadership | CPE Credit(s): One | Program Level: Basic
Short Description: This session will examine the big issues facing local governments in Colorado, led by one of the preeminent and most respected observers of state public policy. This session will ask you to think past the day-to-day business of your own world and look at the emerging public policy challenges affecting counties, municipalities, school districts, and special districts. Topics will include fiscal policy, infrastructure, citizen engagement, and TABOR.
Learning Objective: Attendees will be asked to ponder the subjects covered as relating to their own local government and how they can become more involved in developing solutions and approaches to significant matters connecting local governments with each other and with the state itself.
10:30 – 11:30 a.m.
Anticipating and Managing Short-Term Credit Risk During a Recession
Speaker: Kevin Berents, Head of Credit – Public Trust Advisors, LLC
Field of Study: Finance | CPE Credit(s): One | Program Level: Intermediate
Session Description: This session will provide attendees with the framework to understand, evaluate, and manage money market credit risks. A brief review of the interpretation of important macroeconomic indicators will segue into a more robust discussion of the analytical tools used to manage money market risks with a focus on security selection.
Learning Objective: At the end of this session, attendees will gain a stronger understanding of the importance of macroeconomic indicators and the impact of both idiosyncratic and systemic risks in the money markets.
11:30 a.m. – 12:30 p.m.
How to Communicate With Your Stakeholders (Panel)
Speakers: Scott Wright – Chairman of the COLOTRUST Board of Trustees; Mayor Stephanie Piko – Mayor of Centennial; Heather Deckard – Controller at Parker Water & Sanitation District
Field of Study: Finance | CPE Credit(s): One | Program Level: Overview
Short Description: In this session, a panel of government officials will discuss their best practices for communicating with stakeholders. Topics will include communication management, public perception, how to determine the right level of communication, how to avoid oversharing, transparency, and more. We will also examine how finance professionals are communicating with their stakeholders, what they want to know, and what information does and does not belong on your website.
Learning Objective: At the end of this session, attendees should be well equipped to confidently and appropriately communicate with stakeholders.
12:30 – 1:30 p.m.
1:30 – 2:30 p.m.
Complying with GASB Statements No. 40, 72, 79 and Why We Care
Speaker: Allison Slife, Principal – CliftonLarsonAllen LLP
Field of Study: Accounting | CPE Credit(s): One | Program Level: Intermediate
Session Description: This session will walk through governmental accounting standards for cash and investments including GASB Statement No. 40, 72, and 79 and its relevance to your governmental organization. This session will include examples of these accounting standards and required disclosures in Colorado government financial statements.
Learning Objective: At the end of this session, attendees should be able to understand the history and “the why” around the governmental accounting standards for cash and investments, discuss GASB 40, 72, and 79 and walk through examples of these accounting standards in Colorado government financial statements.
2:30 – 3:30 p.m.
Colorado State Economic and Budget Update
Speaker: Kate Watkins, Chief Economist – Colorado State Legislature’s Nonpartisan Research Agency
Field of Study: Economics | CPE Credit(s): One | Program Level: Update
Short Description: This session will provide an overview of the most recent economic and revenue forecasts for the state of Colorado and expectations for the state budget in coming years. Additionally, this session will address the evolving fiscal policy landscape for state and local governments including impacts from the measures on the 2019 ballot and constitutional requirements under the TABOR and Gallagher Amendments.
Learning Objective: At the end of this session, attendees will be able to understand the current state budget situation in the context of a dynamic economic and policy environment and apply this knowledge towards planning for local governments.
3:30 – 4:00 p.m.
CPE credits will be distributed via email within one week of the seminar. Presentations will be available for download and distributed via email.