We are excited to host the seventh annual COLOTRUST Public Funds Seminar in person on Thursday, September 23, 2021, 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 public funds management, finance, and leadership. The overall program knowledge level for this group live seminar is basic, and there are no prerequisites or advanced preparation necessary. Attendees will be awarded up to five CPE credits through the National Association of State Boards of Accountancy (NASBA). Lunch will be provided, and the seminar is free of charge!
Please note: if you attended all four sessions of the COLOTRUST Public Funds Webinar on August 17 and 19, you will only be eligible to receive two credits at this in-person seminar, one leadership credit and one accounting credit.
We will be following the current CDC recommendations as well as all applicable state and local guidance. At this time, attendees who are fully vaccinated will not be required to wear a mask while those who are not fully vaccinated will be required to wear a mask. In concert with the Fossil Trace Golf Course, we will be limiting our capacity to allow for social distancing and 6 feet between each attendee. We ask that you do not attend if you have any COVID-related symptoms 72 hours prior to this event. Given the limited seats available, we recommend RSVPing as soon as possible.
9:30 – 10:30 a.m.
Building a Culture of Excellence
Speaker: Brandon Young | Principal – Applied Leadership Partners
Field of Study: Leadership | CPE Credit(s): One | Program Level: Basic | Pre-Requisites: N/A | Advanced Preparation: Please read this five-minute article ‘A Tale of Two Berets‘ prior to this session
Session Description: This session will address the timely organizational need to adjust to adversity as an organization. While strategy is important, culture is the glue that binds people together. Culture and capabilities must evolve to ensure relevance and effectiveness. Evolving to meet the needs of the time is a sign of strength; holding on to the past is a sign of fear (and that makes sense). Change is scary and costs something from everyone.
Learning Objective: At the end of this session, leaders will emerge ready to have a culture of purpose by building upon the past and growing toward the future. Leaders will understand the power of inviting others into the process of building a culture of excellence that prioritizes effectiveness and sustainability.
10:30 a.m. – 12:30 p.m.
Colorado State Economic & Budget Update
Speaker: Kate Watkins | Chief Economist – Legislative Council Staff
Field of Study: Economics | CPE Credit(s): Two | Program Level: Update | Pre-Requisites: N/A | Advanced Preparation: N/A
Session Description: This course will provide an update on Colorado’s economy and state General Fund budget and will present an overview of the evolving economic and policy landscape impacting state and local governments across Colorado. Attendees will gain insights on the disparate impacts of the pandemic-induced recession on various sectors of the state economy and the emergent trends expected to drive growth moving forward.
Learning Objective: At the end of this session, attendees will gain insights on emergent trends in the state economy and understand the impacts of the pandemic recession on the state. Attendees will also gain knowledge on new legislation and pending ballot measures impacting state and local government fiscal policy.
12:30 – 1:30 p.m.
1:30 – 2:30 p.m.
ESSER Funding – Specific Rules for Compliance Requirements
Speaker: Alex Fink, CPA and Dylan Garrison, CPA | BizOps Controller and Manager, State & Local Government Assurance – CliftonLarsonAllen LLP
Field of Study: Accounting | CPE Credit(s): One | Program Level: Overview | Pre-Requisites: N/A | Advanced Preparation: N/A
Session Description: This session will provide an overview of ESSER funding, specific compliance requirements, and other lessons learned from similar programs responding to COVID-19.
Learning Objective: At the end of this session, attendees will have a greater understanding of the specifics for the ESSER programs, compliance requirements to consider, and specific guidance given by the state and Federal government on handling all types of circumstances experienced through COVID-19 programs to date.
2:30 – 3:30 p.m.
The Importance of Credit Research
Speaker: Patrick Edler, CFA® | Credit Research Analyst, Public Trust Advisors, LLC
Field of Study: Finance | CPE Credit(s): One | Program Level: Overview | Pre-Requisites: N/A | Advanced Preparation: N/A
Session Description: This session will provide attendees with a comprehensive post-mortem on 2020 and the COVID-19 recession. The Credit Team will walk through what makes a black swan event, what alerted the credit team, how they approached the recession, and do a case study on a company.
Learning Objective: At the end of this session, attendees should have a better understanding of what a black swan event is, how the credit team handled the event, and the importance of a knowledgeable credit team.
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.