Municipal Bond Flipping: What You Should Know

State and local governments and agencies expect to be treated fairly when they access the municipal bond market to finance or refinance capital projects. Underwriters should charge a fair price for services provided and the bonds they sell should be priced to sell to buy-and-hold investors. Unfortunately, some underwriters sell primary offerings to investors who then quickly resell or “flip” the bonds for a profit. Sometimes the investor sells the bonds back to the underwriter and the...



Member Spotlight Lynette Batiste

1. What is your current job title? Assistant Finance Director 2. How long have you been in the position? Appointed to position in 2014 3. How did you decide to go into local government finance? Prior to 2006, all financial responsibilities for the City of Riverdale were done in the City Clerk’s office. As the Assistant City Clerk, my primary duties were supervising the accounts receivables clerk, accounts payables clerk, and payroll clerk. In 2006, the City established a finance...



Committee News (Winter 2020)

ANNUAL CONFERENCE COMMITTEE Save the Date! GGFOA’s 35th Annual Conference A Toast to Excellence! October 4th - October 7th, 2020 We hope you will make plans to join us as we celebrate GGFOA’s 35 years of excellence in Braselton, Georgia at the luxurious Chateau Elan Resort October 4th – October 7th, 2020. The newly renovated Chateau Elan is an award-winning winery and resort nestled on 3,500 acres just north of the Metro Atlanta area that will comfortably accommodate...



Legislative Report - January 31, 2020

GEORGIA GOVERNMENT FINANCE OFFICERS ASSOCIATION GOVERNMENT RELATIONS/STRATEGIC PLANNING COMMITTEE 2020 GEORGIA LEGISLATIVE REPORT JANUARY 31, 2020 [2019 – 2020 LEGISLATIVE SESSION] Click here to download the report. Prepared by: Peter K. Floyd, Esq. Partner (Development Incentives, Energy, Infrastructure & Public Finance) Alston & Bird LLP One Atlantic Center 1201 W. Peachtree Street Atlanta, Georgia 30309 (404) 881-4510 peter.floyd@alston.com Carlos A. Encinas,...



President's Letter Fall 2019

Greetings GGFOA Members, I am excited to say that we had another successful conference in Savannah! I am sure you all had a great time learning and exploring the beautiful City of Savannah and its many amenities and attractions. I personally enjoyed the Painting with a Twist class and dining on River Street. I would like to take this opportunity to show gratitude to everyone who makes GGFOA successful. First and foremost, a BIG thanks to each one of you – the members of GGFOA....



At the University of Georgia, GGFOA's positive influence is impactful

This year, the GFOA and GGFOA have partnered with the University of Georgia to create a student chapter. As a Political Science, International Affairs, and French undergraduate student at UGA, I had no experience in finance or management. However, at my first job at the City of Roswell, I worked with Accounts Payable and assisted in budget analysis for the Recreation and Parks department. I had no idea how critical budgeting and finance expertise was to even just one department within a...



Fifty for Fifty-Protecting Public Funds with CDARS and ACS Across the United States

In May 2019, Georgia became the 50th state (plus the District of Columbia) to allow public entities to protect taxpayer funds by submitting the funds for placement through a deposit placement service for non-time deposits. Pursuant to the new law, the Georgia State Depository Board has approved Promontory Interfinancial Network as a third-party service provider to facilitate deposit placement for public entities using ICS, the Insured Cash Sweep® service.1 All 50 states (and the District of...



Annual Conference 2019

GGFOA celebrated its 34th Annual Conference in Savannah where we were challenged to become Anchored in Excellence. If you missed the conference, you missed a good one! The committee is already receiving great reviews from members who attended. We take great pride each year in organizing a powerfully educational agenda, fun optional activities, and entertaining social events. The Conference was held at the Marriott Savannah Riverfront Hotel and kicked off with Cocktail Connections...



Member Spotlight Angelica Alexander

What is your current job title? Finance Director How long have you been in the position? I have been in the position of Finance Director for 3 ½ years, but I’ve been with the Columbus Consolidated Government for over 10 years. How did you decide to go into local government finance? A corporation that I worked for decided to outsource their operations to India and I worked in operations. I decided at that time that I wanted a job with more stability...



Committee News (Fall 2019)

ANNUAL CONFERENCE COMMITTEE GGFOA celebrated its 34th Annual Conference in Savannah where we were challenged to become Anchored in Excellence. If you missed the conference, you missed a good one! The committee is already receiving great reviews from members who attended. We take great pride each year in organizing a powerfully educational agenda, fun optional activities, and entertaining social events. The Conference was held at the Marriott Savannah Riverfront Hotel and kicked off...



President's Letter Summer 2019

Dear Fellow GGFOA Members, Our 34th Annual Conference in Savannah, GA at the Riverfront Marriott will be here before you know it, September 29 – October 2, 2019. The annual conference committee has been working extremely hard to finalize last minute preparations for our conference. The theme this year is Anchored in Excellence. Our conference committee has prepared a jam-packed, exciting agenda for you all! You will have an opportunity to earn a total of 17.4 CPE credits or 14.5 CEUs...



Depression and the Finance Officer

Click here to read the full report on GFOA’s website.