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December 2012 MiniNews

  • Chandler Asset Management
  • Willdan Financial Services
  • Harris.
  • Cutwater Asset Management
  • PFM Asset Management LLC
  • Bartle Wells Associates

Download the pdf version
*Please note that updates are continually made to the Job Board section of the MiniNews (PDF format) after its original release. Check the Job Board regularly.


President’s Message

By: Laura Nomura, City of Riverside

MY VISIT TO ALASKA

As my term as President winds down, I made my final trip to represent CSMFO at the Alaska Government Finance Officers Association’s (AGFOA) fall conference in Anchorage, Alaska, from November 11-13. Other than it taking me 8+ hours to travel there, between delayed flights and broken airplanes, the rest of my trip was fantastic. I arrived in Anchorage late Sunday afternoon to temperatures in the mid-forties, beautifully cool and crisp. The conference was held at Hotel Captain Cook and AGFOA was expecting a record 93 attendees. Their fall conference is similar to the League of California Cities, where other municipal professionals such as City Planners, City Clerks and New Elected Officials hold their conferences at the same hotel. Representatives from other organizations were also in attendance, including: Marilou Moore, Washington Finance Officers Association; Diana Lokken, GFOA of British Columbia; and Marc Gonzales, GFOA. The two days of training provided attendees with the opportunity to earn 12.5 CPE credits.

With AGFOA President-Elect Glenda Gibson and AGFOA President Walter Sapp.

Over the two days of training, there were many of the basic sessions covering new accounting standards, bond refundings, investment policies, etc.; but there were also some topics that were specific to Alaska that I found really interesting. Just like California, Alaska has its opportunities and its challenges. They have an abundance of natural resources and Alaska is the envy of most other states having an AAA bond rating.Alaska’s challenges include the significant decline in oil flow through the Trans-Alaska Pipeline System. Flow has reduced over the years from 2 million barrels per day to now only producing about 600,000 barrels per day, causing a significant reduction in revenues and deterioration issues due to the lack of flow. Another significant challenge: Alaska has the highest workers compensation rates in the nation. This is mainly due to high medical care costs, which can often be more costly due to remote locations and logistical challenges. Alaska has many of the same challenges as California as it relates to pension reform, as well as attracting new business. It was interesting to hear them talk about the state’s efforts for permitting reform: backlog of permits; choking private sector business; the need to improve systems to be more efficient, etc. Does this sound familiar?

View of the beautiful Alaska landscape from Conference.

Since my trip was a quick turnaround, I sadly didn’t have any time to sightsee. I took advantage of the views of the beautiful Alaska landscape from our windows at the conference and had a chance to walk around downtown Tuesday evening before I left. The snow was falling, which I totally enjoyed, but in the back of my mind I was praying that my flight wouldn’t get canceled (and thank goodness it didn’t).

I would like to thank Walter Sapp and the AGFOA Board of Directors for their hospitality and the quality training. Our partnership over the years has been invaluable, sharing information on our respective organizations, as well as discussing key issues facing municipalities and agencies in our respective states. We were pleased to host President Walter Sapp this past February in Anaheim. I know Pauline Marx, Scott Johnson, and the CSMFO Board of Directors are looking forward to hosting Glenda Gibson, along with our other visiting presidents, in Oakland this coming February.

ELECTION RESULTS

Congratulations to Pamela Arends-King from the City of Tustin, elected as 2013 President-Elect; Margaret Moggia from West Basin Municipal Water District, elected as our new Board member from the South; and Joan Michaels Aguilar from the City of Dixon, elected as Board member from the North. Congratulations Pam, Margaret and Joan! I look forward to working with you in 2013. I would like to thank all the other candidates and the Nominating Committee. Your contributions are vital to the success of CSMFO. Thanks also to our Board members who will be terming off the Board in February: Scott Johnson, City of Oakland; John Adams, City of Thousand Oaks; and Jesse Takahashi, City of Campbell. Your dedication to CSMFO is much appreciated. We will be honoring you and welcoming our new incoming Board members during the 2013 Annual Conference.

 

 

 

 

 

 

 

 

 

2013 ANNUAL CONFERENCE – CALIFORNIA FINANCE…AND ALL THAT JAZZ!

Pauline Marx and Scott Johnson, 2013 Conference Co-chairs, the 2013 Host Committee, and the Program Committee are putting the final touches on the 2013 Annual Conference. Don’t miss out on the $50 early bird discount if you register by January 7, 2013. As usual, the conference is filled with great pre-conference training, general session keynotes, breakout sessions, exhibit hall, and much, much more! For everything you want to know about the conference and visiting the City of Oakland, refer to the conference website.

In closing, I would like to congratulate each of you for your hard work and dedication to our profession. 2012 has been another challenging year for local government, but we all put our heads down and plowed through the issues, one by one. I hope each of you take a well-deserved break over the holidays to enjoy time with your family and friends. My best to you and yours this holiday season and wishing you a healthy and happy 2013!


Executive Director’s Message

By: Melissa Dixon, CAE

December is my favorite month, hands down (and not just because I’m a Capricorn!). The air is crisp and cool, the fireplace is on, and I get to take my sweaters out of hiding. Add in the sparkling lights adorning everything downtown and the ubiquitous holiday music, and I am one happy camper.

It used to be that the month of December was a slow time at work…everyone taking vacations and focusing on parties. That seems to not be the case anymore. Oh the parties are still there, and some vacations, but they’re in addition to the work rather than instead of. I guess this is a side effect of doing more with less!

 

December for CSMFO is an exciting time each year:

  • Membership notices have gone out for 2013–already 37% of you have renewed!
  • We opened registration for the Annual Conference a couple weeks ago; progress for that event is coming along nicely! For all your commercial members, we already have 25 exhibitors signed up–contact us soon to secure your space!
  • The election results  are in, identifying your 2013-14 Board of Directors (not to mention your 2014 President!).
  • Committee appointments for 2013 are in the works.

Speaking of committee appointments, we’d love for you to get involved with CSMFO’s volunteer leadership. Your membership is only as rewarding as you make it! Check out the committees available on our website. In a less direct way, there’s also the possibility of representing CSMFO on the League of California Cities’ Policy Committees. We’re in search of volunteers for the Employee Relations; Environmental Quality; Housing, Community & Economic Development; and Public Safety Committees. They meet 3-4 times each year. If you’re interested in either volunteer opportunity, email me at melissa.dixon@staff.csmfo.org to let me know you’d like to be more involved!

I hope everyone has a happy and safe holiday season, and I’ll “see” you next year!

 


Conference Registration Open!

California Finance……And All That Jazz

February 19-22, 2013
Marriott City Center Hotel and Convention Center
Oakland, CA
Highlights:

  •  Alan Milligan, Chief Actuary, CalPERS
  • Michael Coleman, League of California Cities’ Principal Fiscal Policy Advisor
  • Tim Schaefer, Founder and Principal Owner – Magis Advisors
  • Christopher Thornberg, Founding Partner – Beacon Economics
  • 36 concurrent educational sessions
  • Earn up to 18.5 CPEs
  • Plus network with over 600 peers and vendors

Once again this year, we are pleased to help you with those tight training budgets by offering an early government member’s registration fee for only $325! This reduced fee is only available until January 7, 2013. The member rate then goes to $375 until February 6, 2013.*

CSMFO is continuing their commitment to going “Green” and therefore will NOT be mailing out a registration brochure. Everything you need to know regarding the conference and registration will be available at conference.csmfo.org. For non-members this is your time to join CSMFO. The early registration fee for non-members is $460 until January 7, 2013. But, think about it…..if you join now for $110 and then register for the conference at the early rate of $325 you save $25 and you will be part of the largest government sector professional group in California. So join CSMFO now and start reaping the benefits of membership!

* On site registration fees will be in effect after that date.


Redevelopment Dissolution Meet and Confer: A Statewide Context

By Jim Simon, Principal and Partner, RSG Inc.

“If you had to identify, in one word, the reason why the human race has not achieved, and never will achieve, its full potential, that word would be ‘meetings.” - Dave Barry
As the state oversees the dissolution of 400 redevelopment agencies across California, many jurisdictions have recently concluded their first “Meet and Confer” conferences between the Department of Finance (DOF) and local officials seeking to obtain funding for enforceable obligations or retain housing assets. The implications are significant – as the DOF thus far has received over 466 meet and confer requests in the past two months. Many more are expected as agencies complete and file the remaining Housing Due Diligence Reviews (DDRs), as well as the Nonhousing DDRs (due to DOF by January 15, 2013).

Legal Framework

Prior to June 2012, the dissolution process was governed exclusively by Assembly Bill x1 26, which was devoid of instruction as to how disputes between the DOF and a redevelopment successor agency could be resolved. On June 27, Governor Brown signed into law Assembly Bill 1484 (AB 1484), which in part instituted a formal process for resolving certain disputes between the DOF and successor agencies.
Under AB 1484, a meet and confer process is available to successor agencies after receiving from the DOF’s determination on one of four reviews:

  1. the Housing Asset List which was due to DOF on August 1, 2012, pursuant to Health and Safety Code Section 34176(a)(2);
  2. any ROPS, beginning with ROPS III due to DOF on September 1, 2012, pursuant to HSC 34177(m);
  3. the Housing DDR due to DOF on October 15, 2012, pursuant to HSC 34179.6(e);
  4. the Nonhousing DDR due to DOF by January 15, 2013, pursuant to HSC 34179.6(e).

Following receipt of the DOF’s initial determination, a successor agency that wishes to resolve a dispute with the DOF’s determination must file a formal meet and confer request within five business days; in some cases by specific deadlines (such as November 16, 2012, for Housing DDR disputes). In many cases, the law’s deadlines for submitting the documents for DOF review have been missed (currently approximately 100 successor agencies have not submitted their Housing DDRs according to DOF officials), but it appears DOF continues to administratively extend the opportunity for meet and confer requests. Following the meet and confer process, the DOF issues a final determination letter, the majority of which have not yet been prepared at this time.

Procedural Framework

The DOF’s Redevelopment Dissolution webpage includes guidelines for administration of the meet and confer process. Agencies must complete a specific request form, include pertinent information relative to the request, and be prepared to meet at a specific date and time determined by DOF. The DOF allows successor agencies to meet in person at the DOF’s Sacramento offices or conduct a conference call. DOF estimates that about three out of every four meet and confer sessions have been conducted in person; conference call sessions have been generally limited to brief discussions of simpler items. It is our recommendation in most cases to meet in person given the financial implications.

For the ROPS III meet and confer meetings, the DOF has assigned two teams of six personnel, exclusive of DOF legal counsel, to conduct the sessions which are limited to one hour. In almost every case, the team is different than the one that reviewed and issued the initial determination letter that led to the meet and confer request. For ROPS items – you should be prepared to have all of the pertinent documentation available at the meet and confer process rather than assume that the DOF’s meet and confer team will have this information at the meeting. It has also been our observation that the DOF appreciates a direct approach to the topics being discussed, including highlighting and flagging pertinent sections of supporting documentation, and walking them through the steps necessary to determine your successor agency’s position on why an obligation is enforceable under the definition of state law.

Under a recent Public Records Act request, the DOF has provided many attorneys copies of their internal working papers used to guide DOF analysts in developing their initial findings and determinations, and these documents can also be helpful to framing your discussion.

Finally, keep in mind that while DOF analysts have been heading up the meet and confer process for ROPS items, it is expected that DOF auditors will be responsible for conducting meet and confer sessions on the DDRs and the Housing Asset Lists. Therefore, you should expect to see a different team of reviewers at these meet and confer sessions than whom you met with previously.

Meet and Confer Status

A few facts from the DOF regarding the quantity of meet and confer requests received as of November 22:

  1. ROPS III: 235 requests for meet and confer, none of which have received final determinations. The DOF has stated to us that they intend to issue all final determinations on these during the first two weeks of December.
  2. Housing Asset List: the DOF received 96 meet and confer requests, of which only six were finalized prior to the DOF suspending these meetings pending completion of time-sensitive ROPS and DDR reviews. The DOF has told us that they anticipate scheduling the remaining meet and confer sessions in mid-January, which may overlap with other (ROPS/DDR) disputes.
  3. Housing DDR: As of last week, the DOF has not received all Housing DDRs, which were due to the DOF by October 15, 2012. The DOF has received approximately 270 Housing DDRs and is awaiting receipt for about 100. (If your agency has not yet filed the Housing DDR, it is important to inform the DOF of the expected date of completion in writing.) Of the Housing DDRs received and reviewed thus far, the DOF has received requests for meet and confers from 135 successor agencies; these meetings have already begun in some cases. The DOF has 30 days to complete these meet and confer sessions, although with the delays in preparing these reviews, one could expect that this process will extend beyond these statutory limits.

Issues and Insight

This article has highlighted some of RSG’s impressions of the meet and confer process based on our work with several dozen successor agencies throughout the state. Additionally, CSMFO recently conducted a survey of members seeking input on this topic, and 14 jurisdictions provided their thoughts. Together, some of the salient perspectives on this process include the following:

  1. Recognize that the burden of proof lies on the successor agency, and that the meet and confer process is deliberately setup by the DOF to provide an independent assessment of the facts.
  2. Assemble packets to leave behind at your meetings; well-organized, tabulated and highlighting pertinent facts. RSG has created diagrams, timelines, and summaries to facilitate understanding.
  3. Do not expect an immediate response or reaction to your requests at the meeting. The DOF staff has been regarded as business-like, pleasant, and engaged, but that does not mean you should press for a determination on the spot.

Conclusion

Though the redevelopment dissolution process is fraught with difficult realities for local agencies, it is in your agency’s best interest to focus on how to make your meet and confer case as clear and understandable as possible. Use the meet and confer process as the opportunity to “connect the dots” without venting frustration over what has been done to lead up to this point, and you may have the best opportunity to get through.


Continuing Disclosure – ‘Tis the Season

By Danielle Wood, NBS, Associate Director

‘Tis the holiday season, but it’s also time to think about continuing disclosure! Please read on for details on this important responsibility.

THE RULE – Securities and Exchange Rule 15c2-12

Rule 15c2-12 requires obligated persons, also known as “issuers,” to enter into a written continuing disclosure agreement for the benefit of municipal securities holders to provide annual financial information and operating data of the type included in the official statement, and audited financial statements to the Electronic Municipal Market Access database (EMMA). In addition, certain notices of material events are also required by the rule.
IMPROVED REPORTING – Top 4 Ways to Improve Your Reporting Process

1. Timeliness:
File your annual report as soon as the data is available. The Continuing Disclosure Certificate sets the date for filing the annual report. Often times this date is more than six months after the close of the fiscal year, e.g. the report filing date is in December or later, while the data being provided is based on June 30 information. When possible, attempt to file your annual reports as soon as accurate data is available; in many cases this may be months before the actual provisions required in the Continuing Disclosure Certificate.

2. Frequency:
Update the annual report information when appropriate. A perfect example of this would be delinquency reporting or development status updates. These two items are almost always included in the annual reports, but most often are not updated during the year. Set internal targets for updates. If current data is consistently updated before the next annual reporting requirement, don’t hesitate to provide an update to the annual report via EMMA.

3. Completeness:
Audit the information you are providing. The Continuing Disclosure Certificate lists what should be included in the content of the annual report. Often the data requested may not be obtainable at the time of writing the report. If the current data requested is not accessible, make it common practice to include the most current data available. In addition, once the exact data requested becomes available, provide an update to the annual report via EMMA.

4. Readability:
Provide the facts as clearly as possible. Most Continuing Disclosure Certificates request information that will also be included in the audited financial statements. However it is important to make sure this information is easy to find and not just referenced in another report. Investors use these reports to make quick decisions and often do not have time to read through long reports looking for information that should have been easy to see in the Continuing Disclosure Annual Report. If possible, include information in tables and extrapolate information from other reports when possible.

Providing timely, accurate and useful continuing disclosure information is your responsibility.

For questions regarding Continuing Disclosure Services, please contact Danielle Wood (dwood@nbsgov.com), Tim Seufert (tseufert@nbsgov.com) or call NBS at 800.676.7516.


Internal Controls Over Employees Collecting Cash

By Kevin Harper, Kevin W. Harper CPA & Associates

Organizations that collect significant amounts of cash go to great lengths to keep their own employees from stealing from them. Internal controls over employees collecting cash are often visible in big box retail stores, movie theaters, parking lots and golf courses. Governments can learn many things from these organizations that can help them protect their cash. The most important internal controls at the point-of-cash collection revolve around three primary concepts:

  • Make sure every sale is rung up on a cash register – It is critical for every sale to be rung up on a cash register because entry of the sale becomes the initial accounting record. That initial accounting record needs to be reconciled to the amount of cash collected at the end of each shift. Requiring employees to provide a receipt to every customer is a way to assure the sales are rung up.
  • Reconcile the amount of cash collected to a predicted amount – The amount of cash should also be reviewed for reasonableness compared to an independent source. For example, a retail store will compare cash collected to reductions of inventory, and a movie theater will compare to the number of tickets issued.
  • Make sure employees know that strong internal controls exist – It is important for employees to know that internal controls in place are strong enough that they would likely be caught if they decided to steal.

Every day, you see examples of internal controls that organizations use to protect themselves from theft by their own employees, although you may not always recognize them:

  • Receipt checkers – Those retired men and women who greet you when you walk into a big box store and look at your receipt when you walk out, are there primarily to make sure you are not stealing the merchandise you take from the store, right? Wrong–shoplifters hide what they don’t pay for. The receipt checkers are there primarily to check receipts to make sure clerks are ringing up all goods at the cash register. If no receipt is given, or if all goods are not included on the receipt, it usually means the clerk is pocketing the amount not rung or not charging friends.
  • Free if no receipt – Have you noticed those signs at fast food restaurants and golf courses that say if you don’t receive a receipt, notify the manager and your purchase is free? It is a way to get customers to inform management if employees are stealing. Cash registers automatically generate a receipt for each sale rung up, so lack of a receipt usually means the employee has not rung up the sale.
  • Movie tickets – Why do you have to buy a ticket at the booth and then walk a few steps and give the ticket to a ticket-taker? Wouldn’t the theater save a lot of money (and you a hassle) if they would just take your money and let you in? These procedures create a way to check that the clerk at the ticket booth is turning in all money collected. The theater reconciles the number of tickets collected with the cash collected.
  • Parking attendant – Last month I dropped my monthly parking pass while exiting the parking garage. The gate closed before I drove out. My pass would not reopen the gate so I notified the parking attendant. He informed me that he had no ability to open the gate without ringing a sale. I was trapped until a manager could be located. If the attendant was able to open the gate without ringing a sale, he would have the ability to collect cash, open the gate and pocket the cash.

Internal controls like those described above are necessary when large amounts of cash are handled because, unfortunately, a large percentage of employees will steal if they believe they won’t be caught. Government operations that collect significant cash need enough visible internal controls to assure their employees know someone is paying attention.


Be a Host for CSMFO’S Accounting and Fiscal Policy Classes

Do you want to be more involved with CSMFO? Consider hosting one of our classes in 2013!

In case you didn’t know, CSMFO offers Introductory, Intermediate Governmental Accounting and Fiscal Policy Training classes throughout the year. Each class is taught separately by highly respected instructors.

The Accounting classes are appropriate for individuals that have some accounting background, but may be new to the government sector or for employees who have recently assumed responsibility for financial and accounting reporting.  The classes are also appropriate for anyone interested in brushing up on basic government accounting skills. Once a basic understanding of accounting concepts is reached, these concepts can easily be applied to the unique requirements of the governmental area.

Host Site Requirements for the Accounting classes include:

  • A minimum of 20 registrants
  • Seating for 60 participants with tables and chairs
  • 1 rectangular table up front for speaker
  • Table and chair in back for registration
  • ***Room open and available at 8:00 a.m. for set-up (*** 7:30 a.m. for Intermediate classes)
  • Parking alternatives for up to 60 participants, preferably free parking
  • A computer with a remote to advance PowerPoint slides
  • A port to allow for a USB flash drive
  • A screen and projector

The host site will need to provide lunch (with beverages) and light morning/afternoon refreshments for the attendees.  The host site will be reimbursed actual costs up to $15 per attendee, including the instructor, by CSMFO.

The Fiscal Policy Training classes are offered as ½ or 1 day sessions. Good times come and go, but your values shouldn’t – which is what fiscal policies are all about. Setting clearly articulated fiscal policies builds a strong foundation for protecting your agency’s long-term fiscal health. As recent economic events have shown, no agency is immune to economic downturns. But agencies with clear fiscal policies in place with a tradition of following them have a significant strategic edge over those that don’t. Policies make tough decisions easier by providing guidance both when times are good by preventing problems to begin with, as well as when the inevitable tough times do arrive.
Host Site Requirements for the Fiscal Policy Training classes include:

  • A minimum of 10 registrants
  • Seating for 60 participants with tables and chairs
  • 1 rectangular table up front for speaker
  • Table and chair in back for registration
  •  ***Room open and available at 7:30 a.m. for set-up (*** 12:30 p.m. for afternoon sessions)
  • Parking alternatives for up to 60 participants, preferably free parking
  • A computer with a remote to advance PowerPoint slides
  •  A port to allow for a USB flash drive
  • A screen and projector
  • Location convenient to lunch options for attendees (preferred).

The host site will NOT need to provide lunch or refreshments for the attendees.  Attendees are on their own for lunch.

For all classes, the host site gets two free attendees.  Unless otherwise provided by the Hosting Agency, one of the attendees will be designated to registering participants, checking room set-up, assisting the presenter, assisting with food, and assisting with set-up as needed.

CSMFO will handle the online registrations and fees for the classes.

CSMFO and the host site will be responsible for marketing and promoting the courses.  The host site is strongly encouraged to market and promote the courses to local agencies and chapters to maximize attendance.

If you are interested and able to host any of the classes in 2013 or for more information, please contact Margaret Moggia, Chair of the Career Development Committee at margaretm@westbasin.org.

 


CSMFO MiniNews Committee Member Feature

Alexander Smith Picture

Name: Alexander Smith

Agency: California Joint Powers Insurance Authority
Committee: Administration Committee, Vice Chair

Q: How long have you been in the municipal finance profession? Why did you choose this profession?
I have served California school districts and local government agencies for nine years in the field of risk finance. I believe it is more accurate to say that the profession chose me.

 

Q: How long have you been a CSMFO member? Served on a CSMFO committee?
I have been a member of CSMFO for three years, and I have served on the Administration Committee for one year.

Q: What committee are you a part of now? Why did you become involved with CSMFO’s committee(s)?
I currently serve on the Administration Committee. I became involved because I’ve always valued CSMFO and its people. I have benefited professionally from CSMFO’s educational resources and programs, and one of the ways I give back is by contributing time and energy to the Administration Committee.

Q: How did you come to be involved in the leadership of CSMFO?
I received kind words of encouragement from many people to become more involved, especially from Laura Nomura. Observing Laura’s commitment to CSMFO and its success has inspired me to make a more significant contribution myself.

Q: What are your goals for the committee for the coming year, and how do they relate to the overall organization’s goals?
My goal for the coming year is to continue to play a supportive role to my colleagues on the Administration Committee: Steve Heide, Carrie Corder, Bob Biery, and Jesse Takahashi. I want to contribute to the team effort as we evaluate new revenue opportunities for the organization, review contracts and policies, and analyze budgets and financial statements. CSMFO’s mission to promote excellence in financial management is central to the committee’s work. One of the goals that I am particularly excited about is developing dashboard graphics that will help the Board of Directors and other stakeholders to see clearly how expenditures relate to established priorities.


Coaching Corner

“Pension Reform Answers” – available at www.csmfo.org/coaching

On November 15, an estimated 200 local government finance professionals participated in the CSMFO teleconference: “Answering Your Questions about Pension Reform.” If you missed it, you can listen to the recording to learn how PEPRA affects:

  • new hires/legacy members
  • compensation cap
  • cost sharing
  • employer paid member contribution
  • PERSable compensation
  • side funds
  • working after retirement
  • retiree health
  • and more

You will find the questions asked and a digital audio recording of the answers from the expert panel at the “Live Audio & Archives” tab of www.csmfo.org/coaching.

Q&A Session Panel

  • Pamela Schneider, Executive Staff Director, Senate Committee on Public Employment and Retirement
  • Karon Green, Chief Consultant, Assembly Committee on Public Employees, Retirement, and Social Security
  • Alan Milligan, Chief Actuary, CalPERS

Don’t have time to listen in your busy day? You can download the audio of this and any of dozens of other sessions to your mp3 player, or subscribe to the free podcasts of “CSMFO Streaming Media” on iTunes.

Special thanks are due to volunteer Mary Bradley, Senior Advisor, Career Development Committee, who did an outstanding job in pulling together the expert panel, and along with Brian Stott, HR Director at the City of Fremont, who organized the questions from CSMFO members and asked them on your behalf.

Enjoy the many ways that CSMFO supports the profession.

Don Maruska, Master Certified Coach and author “Take Charge of Your Talent”
Director, CSMFO Coaching Program
See “Coaching Corner” at www.csmfo.org/coaching


Welcome New CSMFO Members!

  • Michael O’Brien, Accounting Supervisor, Claremont
  • Jennifer Bryant, Finance Manager, Helix Water District
  • Kim Balingit, Account Manager, East Bay Regional Park District
  • David Sumner, Audit Manager, East Bay Regional Park District
  • Edward Enriquez, Assistant Controller, Riverside
  • Chris Minoudis, CFO, IMRI
  • Megan Shepard, Accountant II, Lincoln
  • Kristy Trinidad, Accountant 2, Lincoln
  • Tiffany Barnett, Accountant, Hemet
  • Frank DiCrisi, Senior Vice President, Corporate Affairs Atlantic-Pacific Processing Systems, Inc
  • Fausto Hinojosa, Managing Partner, Price, Paige & Company
  • Brad Wasson, Revenue Manager, Sacramento
  • Dawn Holm, Budget Manager, Sacramento
  • Paul Melikian, Director of Finance & Admin Services, Reedley
  • Nancy Weiford, CFO, Southern California Regional Rail Authority
  • Rachel VanderVeen, Adminisrative Officer, San Jose
  • Chrissy Earnhardt, Administrative Services Manager, Truckee
  • Deepa Gopalan, Senior Accountant, San Carlos
  • Alisa Cutchen, City Treasurer, Huntington Beach

Education Opportunities

Strengthen Your Financial Management Skills (Two Half-Day Training Programs) – January 14
Power of Fiscal Policies / Long-Term Financial Planning

 


Chapter Updates

South Bay & Central LA & CMTA Division 2 Holiday Lunch – December 6
What Lies Ahead for Sales & Use Tax

  • Doug Jensen, Senior Vice-President, Client Services of MuniServices

 

Channel Counties Chapter Meeting – December 13
The California Public Employees’ Pension Reform Act of 2013 (PEPRA) – What We Know and What We Don’t

  • Oliver Yee, Liebert Cassidy Whitmore