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GGFOA 2018 Annual Conference

News and Events

Committee News Updates (Fall 2018)

ANNUAL CONFERENCE COMMITTEE The conference committee is scheduled to meet on Friday, January 11, 2019. CAREER DEVELOPMENT COMMITTEE Hello GGFOA Friends! Save the Dates for Wednesday’s News You Can Use Webinars January 30, 2019 – Rushton and Company March 20, 2019 – J.P. Morgan Chase May 1, 2019 – Mauldin and Jenkins Don’t Forget the GGFOA Library of Resources Webinars – Members have free access to all previously recorded Wednesday’s...



President's Letter

GGFOA Members, What a great conference! This was our second time at Stone Mountain, and I believe everyone enjoyed it even more this time around. Whether you played a round of golf, took a hike, or just sat around the pool, the scenery and weather were perfect! We broke records again this year with 479 attendees, 33 sponsors, and 52 exhibitors. Karine Brooms and the conference committee provided an excellent conference this year for our membership. I want to thank all the exhibitors,...



Strategic Planning and the Budget

Perhaps one of the most important policy decisions a governing body considers each year is the approval of the annual operating and capital budget. Equally important; however, is the process of developing and preparing the budget for review and approval. The intricacies of budget development may vary from organization to organization; however, strategic planning should be the starting point in the process. We as finance professionals should never forget that strong budgets have their roots...



OPEB Challenges: Learning from the U.S. Postal Service

Estimates suggest the U.S. Postal Service would need to contribute as much as $3.7 billion annually until fiscal year (FY) 2021 to address its unfunded other post-employment benefits (OPEB). Like most states and most of the federal government, the Postal Service traditionally funded OPEB on a pay-as-you-go basis, paying expenses in the year incurred. This changed in 2006 when Congress passed the Postal Accountability and Enhancement Act to prefund the Postal Service’s growing OPEB...



How Treasury Management Can Create Value

With all the exciting technology available for making your company more productive and efficient, it can be easy to overlook the back office when it comes to upgrading. But smart companies are taking another look at how they handle their treasury management processes, not simply to reduce costs but also to create value. “Middle market companies really need to develop their expertise when it comes to treasury management,” says Marilyn Landis, president of Basic Business Concepts, Inc., a...



Sensitivity-How confident are you in your financial projections

A lot of organizations develop long-range financial projections to manage their financial resources over a projected future planning period. Financial projections are based on a number of assumptions relative to either the likely growth or decline in revenue sources, operating expenditures, the estimated cost of funding the capital improvement program, future interest rates, and other variables. The assumptions used for projecting future operating revenues and expenditures are typically...



33rd Annual Conference

GGFOA celebrated its 33rd Annual Conference and is already receiving great reviews! The conference committee takes great pride each year in organizing a powerfully educational agenda, fun optional activities, and entertaining social events. This year was no exception. The 33rd Annual Conference was held at the Atlanta Evergreen Conference Resort Center. The conference kicked off with the President’s Reception Sunday evening. The attendees were entertained by Nick Bryant, a solo...



Member Spotlight: Donna England

1. What is your current job title? Finance Director 2. How long have you been in the position? About 10 ½ years. I began working for the City in April 2008. 3. How did you decide to go into local government finance? My education and work experience is in accounting, however when my children were younger I worked for the school system in order to have similar hours. When my son started college and my daughter was two years away from college, I heard about an opening in the City of Ball...



Georgia's Uniform Chart of Accounts for Local Governments in Georgia-Why It Matters

Georgia law requires local governments to use the Uniform Chart of Accounts for Local Governments in Georgia. A uniform chart of accounts provides for consistency in recording transactions and comparability in the preparation of audited financial statements. The chart of accounts can also facilitate recording of financial information that will inform decision making. The focus of governmental accounting and financial reporting is accountability. As we all know, most of the revenue that...



Stay Informed: Help Your Government Prepare for the Next Recession

Although states' economies have improved overall in 2018, just 20 have enough financial reserves to weather the first year of another economic recession, according to a recent report by S&P Global Ratings. Although it's impractical for governments to ever be 100 percent prepared with sufficient reserves to completely shoulder a downturn, budget officials can arm themselves with the necessary tools and strategies to stay afloat. CSLF's upcoming class in treasury and investment management...



Summer 2018 President's Letter

Dear Fellow GGFOA Members, Our 33rd Annual Conference in Stone Mountain at the Evergreen Marriott Conference Resort is just a few months away, September 30 – October 3, 2018. The annual conference committee has been working extremely hard to prepare for our conference. The theme this year is RACE to the Top (Revenue-Accounting-Customer Service-Excellence). Registration opened the first week in July. If you are interested in learning more about the conference, please visit our Annual...



Background Checks & Fingerprinting For Non-Criminal Purposes

GMA recently offered a series of regional workshops which included a section on the requirements for obtaining background checks for noncriminal purposes such as alcohol license and employment purposes. The Georgia Bureau of Investigation issued a new ruling in 2015 on the defined guidelines pertaining to the use, retention, security, description, and dissemination of Criminal History Record Information (CHRI) obtained for employment or licensing purposes as authorized by state or federal...