m i c h i g a n
Connect
m u n i c i pa l
t h e March 2013
C a l e n da r
t r e a s u r e r s
q u a r t e r l y
n e w s l e t t e r
w w w. m m t a - m i . o r g
of
Events
Vo l u m e 6 8
From the President
Important Dates to Remember
Well, we made it through another Michigan winter! If the ground hog is correct, spring should almost be here by the time you receive this newsletter. I hope everyone is doing well and had a healthy and safe winter.
2013 MMTI Basic • Comfort Inn and Conference Center Mount Pleasant, MI April 21-26, 2013
a s s o c i a t i o n
The MMTA Board, as well as committee members, have been working hard planning events for the upcoming year. Please mark your calendars with the upcoming dates:
MMTI Advanced • Comfort Inn and Conference Center Mount Pleasant, MI May 15-17, 2013
• The 2013 Spring Seminar is scheduled for March 22 at the Lansing Best Western Plus in Lansing. This is a new location this year.
• The 2013 MMTI Basic is scheduled for April 21-26 at the Comfort Inn in Mt. Pleasant. • The 2013 MMTI Advanced is scheduled for May 15-17 at the Comfort Inn in Mt. Pleasant.
MMTA in the UP
• The 2013 MMTA in the UP is scheduled for May 31 at the Citizen’s Forum in Marquette.
• Marquette Lakeview Arena Citizens Forum Room Marquette, MI may 31, 2013
• Please check the MMTA website for all the registration information: www.mmta-mi.org.
35th Annual
Fall Conference
• Grand Traverse Resort Traverse City, MI October 20-23, 2013
2014
36th Annual
Fall Conference
• Bavarian Inn Frankenmuth, MI October 5-8, 2014
• The 48th APT US&C Conference is scheduled for August 4-7, 2013 in Houston, Texas at the J.W. Marriott. For more information please visit the APT US&C Website: www.aptusc.org.
• The 35th Annual Fall Conference is scheduled for October 20-23 at the Grand Traverse Resort. Please mark your calendars and remember to register for these events. If you know someone new who would benefit from our educational series, please make an extra effort to encourage them to attend and join our association. As you can see, we have planned a busy year. Thanks to all the Chairpersons and committee members for all the time that you have devoted to making our educational programs such a success.
Jan Steggerda Jan Steggerda MiCPT MMTA President
COMPARATIVE BALANCE SHEET FOR MMTA
PRESIDENT Jan Steggerda, MiCPT Park Township (616) 738-4236
Fund 101 MMTA GENERAL FUND GL Number
PRESIDENT-ELECT Mary Ann Kornexl, CPFA, MiCPT City of Mount Pleasant (989) 779-5381
101-000-002.000
101-000-000.090
NEWSLETTER Margaret Birch, CPFA, CPFIM, MiCPT Waterford Charter Township (248) 674-6217 EDUCATION Barbara Fandell, CPFA, MiCPT City of Ithaca (989) 875-3200
Liabilities
GL Number
MEMBERSHIP Janice Zuhlke, CPFA, CMC, MiCPT City of Saginaw (989) 759-1440
Total 155,902.01
210,028.91
PREPAID EXPENSES 4,809.90
2,600.00
Total 4,809.90
2,600.00
Period Ended 02/29/2012
Description
212,628.91 Period Ended 02/28/2013
Unclassified
101-000-202.000
GL Number
Accounts Payable 159.00
371.27
Total 159.00
371.27
TOTAL LIABILITIES 159.00
371.27
Period Ended 02/29/2012
Description
Period Ended 02/28/2013
Unclassified
101-000-390.000
Fund Balance 91,581.15
109,308.50
101-000-390.100
RESERVED FOR SCHOLARSHIPS 20,325.00
25,511.25
Total 111,906.15
134,819.75
Beginning Fund Balance 111,906.15
134,819.75
LEGISLATION
Diane Purgiel, CPFA, MiCPT Elmira Township (989) 732-4446
210,028.91
TOTAL ASSETS 160,711.91
Fund Balance
DIRECTORS
CASH/CHECKING 155,902.01 Fund Balance and Net Assets
TREASURER Annge Horning, CPFA, CMC, MiCPT City of Tawas City (989) 362-8688 SECRETARY Matthew Horning, CFIP, CPFA, CPFIM, MiCPT City of Ann Arbor (734) 794-6541
Period Ended 02/28/2013
Unclassified
Assets
VICE PRESIDENT Cheryl Rhein-O’Neill, CPFA, MiCPT Oregon Township (810) 664-5971
Period Ended 02/29/2012
Description
Net of Revenue vs Expenditures 48,646.76
77,437.89
Ending Fund Balance 160,552.91
212,257.64
Total Liabilities and Fund Balance 160,711.91
212,628.91
PARLIAMENTARIAN
Janice Sal, CPFA, MiCPT City of Hudsonville (616) 669-0200 IMMEDIATE PAST PRESIDENT Kim McKay, MiCPT City of Rockford (616) 825-5005 ASSOCIATE Director Kimberly Goethe, FVP, CTP Flagstar Bank (248) 312-6964
The 35th Annual
MMTA Fall Conference Will be held at the
Grand Traverse Resort in
www.mmta-mi.org March 2013 page 2
Traverse City, MI October 20-23, 2013
MMTA Basic Institute April 21-26, 2013 | MMTA Advanced Institute May 15-17, 2013
Michigan Municipal Treasurer’s Institute The MMTA Board of Directors, Education and Professional Development Committees, are pleased to invite you to attend the Michigan Municipal Treasurers Association Basic and Advanced Institutes. It’s time to mark your calendars to “save the dates”! The objectives of the MMTA are to provide education, information and dedication to the development of our municipal treasury members. Our goal for the Institutes is to offer quality education that meets the basic level of education, skill and knowledge for those new to the profession seeking certification; as well as the more experienced treasurers who want advanced education for recertification. With that in mind, the Institutes are designed to meet the accreditation requirements for education points for the Michigan Certified Professional Treasurer (MiCPT) and Association of Public Treasurers of the United States and Canada's (APT US&C's), Certified Public Finance Administrator (CPFA) and Advanced Certified Public Finance Administrator (ACPFA) certifications. College credit may also be earned.
explore • challenges and best practices from experienced treasurers • legislative issues that are impacting local communities • investment strategies
MMTA Basic Institute – April 21 through April 26, 2013
The Basic Institute is designed to enhance the overall job performance of the treasurer in small and large municipalities and is required for treasurers seeking the MiCPT certification and recommended for those seeking the CPFA certification.
MMTA Advanced Institute – May 15 through May 17, 2013
The Advanced Institute offers continuing education that prepares participants to perform complex treasurer duties and meets the requirements for treasurers seeking to renew the MiCPT and CPFA certifications. The Basic Institute and Advanced Institute will both be held at the Comfort Inn Hotel and Conference Center located on the campus of CMU in Mt. Pleasant. MMTA membership is required to attend and the Advanced Institute is only available for MMTA members who have completed the three-year Basic Institute. The cost for the Basic Institute is $550.00 and the cost for the Advanced Institute is $325.00. Scholarships are available if fees present a problem. To see if you qualify, contact Barbara Fandell at bfandell@ithacami.com or 989-875-3200. The Committees have planned and worked hard on creating these programs and you will not want to miss out! The MMTI not only provides you with quality education, but a valuable network of professional treasurers and friends. The schedules for both Basic and Advanced Institutes will be finalized and posted on the website along with other updates soon. On behalf of all the members of the MMTA Board of Directors, the Education Committee and Professional Development Committee, it is my pleasure to to invite you to enjoy an educational experience you will never forget. Sincerely,
Barbara Fandell
Barbara Fandell Clerk-Treasurer, CPFA, MiCPT MMTA Education Committee Chairperson
www.mmta-mi.org explore...learn...connect... March 2013 page 3
learn
• investment policy & reporting • cash management • generational differences in the workplace
connect • meet treasurers from around the state • learn how to managing stress & burnout • improve your written communication
Leadership and Change Sumitted by Dr. Alan Zimmerman
Don’t look back fondly. Look forward bravely. All progress is the result of change. However, not all change is progress. Just take a look at the way things were in the United States in 1907. It will boggle your mind. • In 1907, the average life expectancy in the U.S. was 47 years old and the top three causes of death were pneumonia, tuberculosis, and diarrhea. Ninety percent of all doctors had no college education. Only 14% of the homes had a bathtub and most women washed their hair once a month, using Borax or egg yolks for shampoo. • Marijuana, heroin, and morphine were all available over the counter at the local corner drugstore. Back then, pharmacists said, “Heroin clears the complexion, gives buoyancy to the mind, regulates the stomach and bowels, and is, in fact, a perfect guardian of health.” • There were only 8000 cars in the U.S. and 144 miles of paved roads. The maximum speed limit in most cities was 10 mph. And the states of Alabama, Mississippi, Iowa, and Tennessee had more people living in each of their states than sparsely populated California. Indeed, the population of Las Vegas, Nevada was only 30! • The average U.S. worker made between $200 and $400 per year and was paid 22 cents per hour. Sugar cost four cents a pound and coffee cost fifteen cents a pound. Only 8% of the homes had a telephone, and a three-minute call from Denver to New York City cost $11.00.
Maureen L. Donehue Senior Vice President - Wealth Management Financial Advisor Wealth Advisory Specialist 35055 W 12 Mile Road Suite 101 Farmington Hills, MI 48331
Tel 248 358 7027/258 358 5000 Tel 800 283 7084 Fax 248 358 7122
maureen.l.donehue@smithbarney.com
The good news in all of that … there were only 230 reported murders in the entire United States for the entire year of 1907. The point is simple. There’s no sense in arguing about the existence of change, the pace of change, or the direction of the change. It makes a great deal more sense to LEAD it. And whether you’re a CEO, Vice President, Director, Manager, Supervisor, Team Leader, Parent, or Spouse, there are several things you can do to LEAD change more effectively and more positively. 1. Project confidence. Whatever leadership position you might hold, you must remember that people are always watching you. If you project a certain degree Continued on page 6.
Future APT US&C CONFERENCES The Board of Directors of the Association of Public Treasurers of the United States and Canada has announced the following sites for future APT US&C conferences: 2015
2013 Houston, Texas March 2013 page 4
2014 Salt Lake City, Utah
Chicago, Illinois 50th Anniversary of APT US&C
C. Toni Koss Dedicated to helping our communities prosper
MARK YOUR CALENDAR!
38505 Woodward Ave., Suite 1300 | Bloomfield Hills, MI 48304 248.566.4797 | TKoss@ThePrivateBank.com FDIC
JUNE 1st IS THE DEADLINE for submitting applications for the following certifications that are available through the Association of Public Treasurers of the United States and Canada:
www.choiceone.com 888-775-6687
• Cash Handling Certification
Michigan based. Michigan focused.
• Investment Policy Certification
View Today’s Rates ››
• Disaster Preparedness Certification
• CDARS® • Certif icates of Deposit • Treasury Management Services • Liquid Savings Account
• Debt Policy Certification
• Certified Pubic Finance Administrator (both new & maintenance applications)
(888) 254-5417
• Advanced Certified Public Finance
Member FDIC
Administrator Applications and information for all the certification programs are available on the APT US&C website. Please don’t wait until the last minute! All applications must be mailed no later than June 1st to receive recognition at the APT US&C Annual Conference in Houston, Texas on August 4 - 7, 2013 MUNICIPALITIES. MADE IN MICHIGAN. We understand that you are responsible for every facet of administering your Municipality, including making financial decisions. Choosing the right financial institution for your banking needs is easy with Chemical Bank.
Linda Hammer
Treasury Management Specialist
Scott Leesch
Treasury Management Specialist
989.839.5243
231.775.8588
Tammy Kerr
Kate Seaman
Treasury Management Specialist
Treasury Management Specialist
616.785.2575
269.983.8946
ChemicalBankMI.com
March 2013 page 5
Leadership and Change Sumitted by Dr. Alan Zimmerman
Continued from page 4.
of confidence … if you look and talk like you believe in the change … the other people around you will get on board with you. Be the change you want to see in others. The opposite is also true. As Robert J. Maricich, CEO and President of Century Furniture Industries, points out, “To lead in an environment of ambiguity, you must defeat anxiety in yourself so that you don’t risk infecting the people around you.” Remember, attitudes are contagious. Just make sure yours is worth catching. 2. Shun the ruts and climb the limbs. To some extent, we all like the ruts we’re in … if for no other reason than the fact that they’re familiar or comfortable. Oh sure, the ruts may not be all that great, but we’re used to them. So the rationale goes … WHY rock the boat? WHY indeed? Because all progress is the result of change. If you want anything at work, in your life, or in your relationships to get better, then you’ve got to leave your old familiar ruts. You’ve got to stop doing things the way you’ve always done them and hoping things will get better. They won’t. As J. Paul Getty, the founder of the Getty Oil Company, said, “In times of rapid change, experience could be your worst enemy.” By contrast, to improve anything, you’ve got to go out on a limb once in a while, because that’s where the fruit is. As Sir Francis Bacon wrote so eloquently, “If we are to achieve results never before accomplished, we must employ methods never before attempted.” Of course, when you lead change by example, when you take more risks, you may fail. But that’s not all bad. People at work and people at home will actually respect you more if they see you taking risks and failing once in a while than they would if they never saw you taking any risks. If they only see you playing it safe … because you’re afraid of change … they may pity you, but they won’t respect you. In fact, in the process of climbing out on a limb, you may discover wonderful things about yourself and your potential. As poet T.S. Eliot observed, “Only those who will risk going too far can possibly find out how far one can go.” And corporate spokesperson Jason Vines says, “You don’t know where the edge is unless you are willing to go over it once in a while.” 3. Ask the “make it easier” question. There are very few change leadership strategies that will work in every situation. However, there is a question you can ask employees (or even your teammates and kids) that will help them make the desired change. For example, the senior management at one company had made the decision to switch the software used by one of the departments. The employees in that particular department, naturally, weren’t happy about the turmoil it promised to bring them … the time it would take to learn the new software and the difficulty it would create in trying to meet project deadlines in the meantime. Just as the employees started to grumble, their supervisor made things easier by sitting down with them and asking, “Okay, what are you going to need to make this new software work for you?” This simple question changed the employees’ perception of the situation and got them thinking in positive terms of how to make the best of the transition. They started to discuss the necessary training and task shuffling instead of fretting. They began to take charge of those aspects that most affected them. And handing over control … or offering to help … is a major part of leading any change. Action: Look for an opportunity to ask the “make it easier” question. Find a person who is struggling with change and ask how you can make it easier for him or her to get through the change. About the author: Dr. Alan Zimmerman is a full-time professional speaker who specializes in attitude, motivation, and leadership programs that pay off. For your own free subscription to Dr. Zimmerman’s weekly ‘Tuesday Tip’ newsletter, go to http://www.DrZimmerman.com.
March 2013 page 6
The Association of Public Treasurers of the United States & Canada (APTUS&C) has undergone an exciting transition over the past several months. You may have noticed that our headquarters has moved from Maryland to Colorado. This is the result of a major change in the way the association is managed. For many years, the association had an office in the Washington, D.C. area, staffed by three association employees. The cost of operating this office was a major source of the overall overhead cost for the association. In August of 2012, the Board resolved to investigate the possibility of closing the office and transitioning to a management structure in which the association would be managed by a professional association management firm. A committee was appointed to write and issue a request for proposals (RFP), evaluate the results, and make a recommendation to the Board. The committee received 20 responses to the RFP. Although the committee received many excellent proposals, it was unanimous in its decision to recommend The Third Eye Group (TEG) as the association’s management company. The Board approved the contract with TEG in December. The APTUS&C Board is excited to have this contract in place, and very excited about the future of the association. Our new Executive Director is Nicole Singleton, who is a principal member of TEG. She comes to us with 20 years of experience in association management. She is a member of the
American Society of Association Executives, and she holds graduate degrees in both Business Administration and Applied Communications. Since December, there has been a whirlwind of activity as Nicole and the Board have closed the Maryland office and transitioned the operation to the Denver, Colorado area. It has been a monumental task. Please bear with us as we make this transition. We have come a long way, but we recognize that the transition is not yet complete. If you have any issues with membership services, please let us know immediately by contacting our new headquarters using the contact information below.
Association of Public Treasurers of the United States & Canada 2851 S. Parker Road, Suite 560 Aurora, CO 80014 E-mail: info@aptusc.org (720) 248-2771 phone (866) 681-2797 toll-free (303) 755-7363 fax Meet Nicole Singleton and her team at the 2013 Annual Conference in Houston, Texas, August 4-7.
Julie M. Gust Managing Director, Public Funds jgust@talmerbank.com p: 248.498.2882
Don Jensen Managing Director, Public Funds djensen@talmerbank.com p: 810.989.2604
2301 West Big Beaver Road | Suite 525 | Troy, MI 48084 p: 800.456.1500 | www.talmerbank.com
March 2013 page 7
Join Us for MMTA in the UP friday, may 31, 2013
March 2013 page 8
MMTA in the UP friday, may 31, 2013
Registration Form MMTA in the UP
friday, may 31, 2013
Registration
$65 Early Bird Registration
Registrations must be U.S. postmarked by May 10, 2013.
$80 Regular Registration
Registration Deadline is May 24, 2013 Cancellation Policy: Cancellation requests must be in written form and received by May 27, 2013 in order to be eligible for a refund of the registration fees(s).
Name:_____________________________________________________________________ First name preferred on name tag:_______________________________________________ Representing:________________________________________________________________ Title:______________________________________________________________________ Address:____________________________________________________________________ City: ____________________________________ State: _______ Zip:__________________ Phone:_____________________________________________________________________ Email:_____________________________________________________________________
Check here if this is your first MMTA function.
MMTA Accepts Credit Card Payments: Credit Card #:___________________________________________ Expiration Date:_________________________________________ Address and Zip Code on credit card:_________________________ Complete and mail or fax this form to:
Bruce Malinczak, MMTA Database Coordinator PO Box 87156 ∙ Canton MI 48187 ∙ Fax: 734-394-5139 Bruce.Malinczak@canton-mi.org
March 2013 page 9
2013 Annual Conference
March 2013 page 10
Why Attend?
F
unds for travel and training are often the first to go when times are tough. So why will hundreds of treasury management officers attend the APT US&C 48th Annual Conference in Houston? Here are some compelling reasons: • It is the one time during the year when, for just a few days, you can immerse yourself in information that you can take home and immediately apply to the treasury and financial issues with which your government is struggling. • Shortages in staff, time, and resources are challenging our profession to re-think everyday practices and delivery methods. The APT US&C Conference is packed with opportunities to learn new practices and successful strategies you and your government can use and cannot get at a single event anywhere else. • To keep ahead of the curve and be ready for the next big fiscal challenge, you need to constantly hone your professional skills and knowledge. At the Conference, you will learn about the latest developments in your area of expertise. So why do so many treasury management officers attend the APT US&C Annual Conference? Because they can’t afford not to attend. Take control of your professional development and learn how to do more for your government with fewer resources. Register today!
It is possible to earn continuing professional education (CPE) credits and CPFA points at the APT US&C’s Annual Conference. Additional CPE credits and CPFA/ACPFA points can be earned by attending additional training programs. APT US&C is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417, www.nasba.org.
March 2013 page 11
Concurrent Sessions Investment Management Track These sessions are designed to bring public funds managers the latest developments in the area of investing public funds, and will be valuable to managers of all experience levels. Topics will range from basic investing for public funds managers to more sophisticated portfolio management strategies. Just a few of the topics previously covered in this track include: How to Maximize Interest Income and Maintain Flexibility and Liquidity; Model for Determining Fixed Income Securities vs. Daily Pools; Agency Debt Markets; and the Fate of GSEs.
Cash Management Track The Cash Management Track is designed to cover the latest cash management practices. Attendees will receive training and information on developing internal policies and procedures to manage cash in an efficient and organized manner. A few of the topics previously offered in this track are: The Cost of the Status Quo Economic Sector Solutions; Efficient Disbursement Management; Latest Developments in Electronic Payment Processing; and Aggregate, Automatic, Accelerate Your Receivables.
Information Technology Track The APT US&C conference will provide training, demonstrations, and the latest trends in information technology through a variety of educational sessions and interactions with exhibitors. Learning to leverage technology to enhance accountability and accuracy, and improve performance is critical to managing financial resources. Just a few of the topics previously covered in this track include: Data Security; Outsourcing Information Technology; Going Green in the Workplace; and Cyber Crime.
Debt Management Track The Debt Management Track will address the appropriate uses, types and levels of debt. Attendees will learn about bond structure, principles of debt finance, and the latest GASB pronouncements. Just a few of the topics previously covered in this track include: Municipal Bond Market Update: From an Issuer’s Perspective; Capital and Economic Development Financing; and Tax-Exempt Bonds: IRS Compliance.
March 2013 page 12
Preliminary Schedule of Events Sunday, August 4, 2013 8:00 a.m. to 4:00 p.m.
CPFIM Program (Beginner Level)
8:00 a.m. to 5:00 p.m.
Board of Directors Nominating Interviews
2:00 p.m. to 5:00 p.m.
Committee Meetings
5:00 p.m. to 6:00 p.m.
6:00 p.m. to 9:00 p.m.
New Members’ Welcome Reception Sunday Evening Social Event
Monday, August 5, 2013 7:00 a.m. to 8:00 a.m. 8:00 a.m. to 9:00 a.m.
Continental Breakfast (Board of Director & Committee Chair Breakfast Meeting)
9:00 a.m. to 10:00 a.m. 10:00 a.m. to 10:30 a.m.
Opening Session Keynote Speaker
10:30 a.m. to 11:20 a.m.
Break with Exhibitors Concurrent Sessions
11:30 a.m. to 1:00 p.m.
Treasurer-to-Treasurer Workshops
1:00 p.m. to 3:00 p.m.
Awards Luncheon
2:00 p.m. to 4:00 p.m.
CPFIM Program Testing (Beginner level)
3:00 p.m. to 3:50 p.m.
Concurrent Sessions
4:00 p.m. to 4:30 p.m.
Break with Exhibitors
4:30 p.m. to 5:20 p.m.
Concurrent Sessions
6:00 p.m. to 8:00 p.m.
Monday Evening Social Event
March 2013 page 13
Preliminary Schedule of Events (continued) Tuesday, August 6, 2013 6:30 a.m. to 7:30 a.m.
Fun Run/Walk
8:00 a.m. to 9:00 a.m.
Partnership Recognition Breakfast
9:00 a.m. to 10:50 a.m.
Concurrent Sessions
11:00 a.m. to 11:30 a.m.
Break with Exhibitors
11:30 a.m. to 12:20 p.m.
Concurrent Sessions
1:15 p.m. to 5:15 p.m.
Additional Training Programs
6:00 p.m. to 8:00 p.m.
Tuesday Evening Social Event
(May include: Cash Handling, Internal Controls, Debt Policy, Fund Balance Reserve, and Advanced CPFIM)
Wednesday, August 7, 2013 7:00 a.m. to 8:00 a.m.
Full Buffet Breakfast
7:00 a.m. to 9:00 a.m.
ACPFIM Program Testing (Advanced)
8:00 a.m. to 9:50 a.m.
Concurrent Sessions
10:00 a.m. to 10:30 a.m.
Annual Business Meeting
10:30 a.m. to 11:00 a.m.
Morning Break
11:00 a.m. to 11:50 a.m.
Concurrent Session
12:00 p.m. to 1:00 p.m.
Past Presidents’ Luncheon
1:00 p.m. to 4:50 p.m.
Concurrent Sessions
3:00 p.m. to 4:00 p.m.
Board of Director’s Meeting
6:00 p.m. to 7:00 p.m.
President’s Reception
7:00 p.m.
March 2013 page 14
Installation of Officers & Directors
Preconference Seminars Certified Public Funds Investment Manager (CPFIM) Accreditation Program
T
he CPFIM is a nationally-recognized accreditation focused on the investment of public funds. Participants will learn basic level skill, tools, and fundamental concepts of investment portfolio management. The course is designed for participants who have limited knowledge of cash management and public funds investing, and those looking to expand their knowledge base on the fundamentals of investing public funds. Who should attend: state and local government treasurers, business managers, investment officers, cash managers, finance officers, and employees who serve in similar roles. A continental breakfast, boxed lunch, and afternoon snack will be provided.
Additional Training Seminars Five APT US&C training programs may be offered on Tuesday afternoon and registration includes purchase of the manual. An afternoon snack will be provided during the additional training programs. The Guide to Internal Controls - The program features APT US&C’s NEWEST manual, which compliments our successful internal controls checklist. The checklist has been updated and incorporated into a training manual to assist attendees with the importance of proper internal controls and how to apply the checklist to their public entities. Cash Handling Certification - Improve your entity’s cash handing skills by becoming a certified cash handler. Once you complete the certification process, you can train your staff and improve your organization’s cash handling operations. APT US&C’s cash handling Seminars have been presented to more than 5,000 cash handlers throughout the United States.
March 2013 page 15
Fund Balance Policy Certification – This is APT US&C’s NEWEST certification. In conjunction with establishing a debt policy, rating agencies are looking for fund balance reserve policies. Debt Policy Certification – Utilizing APT US&C’s Debt Policy Manual, this program assists you in certifying your organization’s debt policy by establishing debt financing policies for your organization while considering today’s tighter regulations and laws. Advanced Certified Public Funds Investment Manager (ACPFIM) Accreditation Program – After completion of the CPFIM, APT US&C recommends successful completion of the ACPFIM. The first module of the ACPFIM identifies and explains some of the more complex investment choices available to the public funds investor including: Treasury Inflation Protected Securities (TIPS), Mortgage Backed Securities (MBS), step-up agencies and agency floating rate securities. The second module of the ACPFIM illustrates how to analyze your current investment portfolio with Excel and other software tools. After your portfolio has been analyzed for current and potential risks, we will discuss repositioning to mitigate risk.
Hotel Information J.W. Marriot Located in the Galleria area of Houston, attendees will find themselves at home among the rich comforts and luxuries of the four diamond J.W. Marriot. With firstclass accommodations and state-of the-art facilities, the J.W. Marriot offers guests a chance to fully relax in order to focus entirely upon their learning objectives. Single Deluxe (1 person) - $109.00 Double Deluxe (2 person)- $109.00 Reservation deadline is July 11, 2013. For reservations call (800) 228-9290 and mention “APT US&C� for the group discount. Sleeping room rates do not include a 17% state and local tax. Tax rates are subject to change. Reservations require a one (1) night deposit (including tax) with a major credit card. Deposits are refundable if notice of cancellation is received by the Hotel Reservation Department at least three (3) days prior to the expected arrival date. Guest check-in is 3:00 p.m. and check-out is 12:00 p.m.
March 2013 page 16
Transportation The J.W. Marriot is conveniently located just 16 miles from the William B. Hobby (HOU) Airport. Super Shuttle services are available to take attendees to the hotel at the estimated cost of $25. If you are planning to drive, take Airport Blvd. to 45 North to 610 West/North. Exit Westheimer and turn left. The hotel is past the second stop light (McCue St.) on the right before Sage Road.
Easy to Get There 16 minutes from the William B. Hobby Airport
Super Shuttle Service Reservations: (281) 230-7275 - Estimated at $25
Rental Car Hertz Rental Car is located in the William B. Hobby Airport (HOU).
Taxi Service Taxi service is available at the William B. Hobby Airport (HOU). Estimated taxi fare is $45.
March 2013 page 17
Area Attractions The sheer size and variety of Houston ensures that everyone will find something to do and love. Whether one wants to see historic sites, take in a ballgame, or do some shopping, they will find Houston provides many options to suit their interests while offering an atmosphere unique to Texas.
Minute Maid Park Home of the Houston Astros, Minute Maid Park offers visitors an experience unlike anything else in Major League Baseball. Come see the Houston Astros in their first year in the American League and enjoy the variety of unique foods reflecting the best of Texan cuisine. Take in the unique dimensions and sights of the field topped off with a train within the park itself.
Galleria Shopping Complex Spanning more than 2.4 million square feet, the Galleria Shopping Complex is a destination for tourists from all over the world. With over 400 stores and restaurants, the Galleria has something for everyone as guests will find themselves choosing between shopping, dining, swimming and even ice skating. With the finest in both retail and dining, the Galleria offers a first class experience sure to impress anyone.
The Battleship Texas Serving from 1914 to 1948, the USS Texas is the only remaining US vessel to serve in both WWI and WWII. Guests are able to see the incredible history of the USS Texas first hand as they are invited to tour the ship, walking its decks and halls while hearing about the incredible history of the battleship. Changes in technology are readily apparent as guests observe the immense changes that were made to the ship over the course of its 34 year tour of duty. The USS Texas is a rare chance to see the convergence of military and engineering history first hand and should not be missed.
March 2013 page 18
2013 Annual Conference Course Registration Form
March 2013 page 19
Course Registration Form NAME (as it will appear on badge): _____________________________________________ TITLE/POSITION _____________________________ ORGANIZATION/COMPANY: ____________________________________________________ PHONE: ________________________________ ADDRESS: ______________________________________ CITY: ________________________ STATE: ___________ ZIP: ___________________ E-MAIL ADDRESS (REQUIRED): ___________________________________________________________________________________________ FIRST TIME ATTENDEE: _________YES __________NO
Conference Registration Fees Conference Registration Fees: (Please circle one)
Early Registration
Regular Registration
Late Registration
(Postmarked and paid by 5/1/13)
(postmarked and paid by 7/1/13)
(Postmarked and paid after 7/1/13)
Public Sector APT US&C Active Member (Includes the Sunday, August 4, 2013, committee meetings, concurrent track sessions, and day and evening meals)
$395
$495
$545
Public Sector Non-APT US&C Member (includes the Sunday, August 4, 2013, committee meetings, concurrent track sessions, and day and evening meals)
$495
$595
$645
One-Day Pass (includes concurrent track sessions and day and evening meals)
$175
$200
$225
Additional Training Program Registration Additional Training Fee: Additional training program fees are separate from Annual Conference registration and fees. Circle the seminar(s) of your choice
APT US&C Active Member
Non-APT US&C Member
Certified Public Funds Investment Manager (CPFIM) Accreditation Sunday, August 4, 2013
$175
$260
Advanced Certified Public Funds Investment Manager (ACPFIM) Accreditation Tuesday, August 6, 2013
$175
$260
Cash Handling Seminar Tuesday, August 6, 2013
$65
$75
Fund Balance Reserve Policy & Debt Policy Tuesday, August 6, 2013
$65
$75
Guide to Internal Controls Tuesday, August 6, 2013
$65
$75
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Schedule of Events To better serve our members, APT US&C would appreciate your response to the events you are planning to attend. Once at the conference, you may change your session, however, admittance to meal functions will be by ticket only. You must indicate which meal functions you will be attending or you will not be given a ticket. This is a tentative schedule: speaker, topics, and evening events are subject to change.
Sunday, August 4th
Monday, August 5th
Tuesday, August 6th
5:00 pm – 6:00 pm New Members’ Welcome Reception
7:00 am – 8:00 am Continental Breakfast
8:00 am – 9:00 am Partnership Recognition Breakfast
6:00 pm – 8:00 pm Sunday Night Social Event
11:30 am 1:00 pm Treasurer-toTreasurer Workshop 1:00 pm – 3:00 pm Awards Luncheon
6:00 pm – 8:00 pm Tuesday Night Social Event
6:00 pm – 8:00 pm Monday Night Social Event
Wednesday, August 7th 7:00 am – 8:00 am Buffet Breakfast 10:00 am – 10:30 am Annual Business Meeting 12:00 pm - 1:00 pm Past Presidents’ Luncheon 6:00 pm – 11:00 pm President’s Reception and Installation Banquet
Guest Registration Print name(s) of additional guest(s) ____________________________ First Name
____________________________ Last Name
____________________________ First Name
____________________________ Last Name
____________________________ First Name
____________________________ Last Name
____________________________ First Name
____________________________ Last Name
Total Fee (All fees in U.S. funds) Conference Registration: Additional Training Program(s) Registration: Sub Total: ____________________________ $150 per guest, to include all breakfasts, breaks, luncheons, evening events, and Reception/Dinner $25 per guest, Awards Luncheon $20 per guest, Monday Night Social Event $25 per guest, Tuesday Night Social Event $60 per guest, Installation Reception/Dinner Total Fees: ____________________________ March 2013 page 21
On-line Payment http://www.aptusc.org/
Method of Payment
Payment by Check Payable to “Association of Public Treasurers of the United States and Canada� Mail to: APT US&C, 2851 S. Parker Road, Suite 560 Aurora, CO 80014 Payment by Credit Card Fax to: (303) 755-7363 OR scan the completed form and e-mail it to: info@aptusc.org Mail to: APT US&C, 2851 S. Parker Road, Suite 560 Aurora, CO 80014 VISA
MasterCard
Name on Card: _________________________________________________________________________ Card Number: ____________________________________________ Expiration Date: ______________ Signature: _____________________________________________________________________________ Refund Policy: All cancellations must be in writing and postmarked prior to July 15, 2013. These are subject to a $100.00 service charge. Refunds will not be issued on cancellations postmarked after July 15, 2013. To accommodate our delegates, substitutions will be accepted from the same city/firm up to July 15, 2013. After this time, a charge of $20.00 will be applied for any substitution. A $20.00 cancellation fee will be applied to guest cancellations postmarked on or before July 15, 2013. No refunds will be issued for guests on cancellations postmarked after July 15, 2013. Note: Each public or private representative must register as a conference participant and may NOT attend as a guest. All other individuals must register if they wish to attend conference meals, sessions, and social events.
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