A LETTER FROM THE PRESIDENT- April 2021

Dear Colleagues, If you are like me you are ready to get back to the Old Normal. I am afraid though that is not going to be possible. The new normal, post-pandemic normal, whatever else you care to call it is a reality that we will all have to adjust to. The Maryland GFOA Spring Conference is intended to help get us ready for the new world of office working for government finance professionals.

We will hear from Karl Ahlrichs who provided the Ethics Presentation at the last Summer Conference. Mr. Ahlrichs will discuss what works and what doesn’t from a human resources and operational perspectives with teleworking and hybrid arrangements.

We have an excellent line up of other speakers including a panel of municipal finance industry experts who will discuss alternatives to Tax Exempt Advanced Refunding’s. The repeal of this type of refunding’s in the 2017 Tax Reform legislation has created financial challenges for state and local governments. The panel will provide their insight and experience on options to consider that may also provide debt service savings.

There’s more including a presentation from R. Andrew Bauer, an executive with Federal Reserve Bank of Richmond on the ongoing economic recovery and the impact of changes in federal fiscal policy, a panel on the Local Government Outlook, and a recap of the recent General Assembly session from MACO’s Michael Sanderson.

Again, I want to thank the Program Committee for providing an excellent line up of speakers and for our Sponsors who have continued to support the Maryland GFOA despite all of the difficulties and limitations of the Pandemics.

I hope to see you all virtually at the Spring Conference.

 

All the Best

Joe Beach, President

MDGFOA


Upcoming Quarterly Conferences

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April 30, 2021- VIRTUAL

October 29, 2021

CORONAVIRUS RESOURCE / POLICY SHARE

Policies regarding the Coronavirus from our membership for your resources

Send us your Press Release and we will post it to our Coronavirus Resource page mdgfoa@mdgfoa.org

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Summer Conference

June 17, 2021 Virtual

Watch for details!!

(registration is not currently open for this conference)

Budget

Budget and Fiscal Policy Affinity Group

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June 3, 2021      12:30 pm - 2:30 pm

Registration opening soon!

MDGFOA BLOG

Distinguished Budget Presentation Winners Announced

Distinguished Budget Presentation Award winners though March 31, 2020, are now listed. Click here to view the award winners. Also, a special congratulations to the following jurisdictions who have received the award for 35 years or more: Cadillac, MI (37), Farmington Hills, MI (37), Montgomery County, MD (37), Cambridge, MA (36), Gladstone, MO (36), Roanoke,…

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Anne Arundel County Receives Budget Award

Annapolis, Md (March 19, 2021) Today, County Executive Pittman announced that Anne Arundel County has received the Distinguished Budget Presentation Award from the Government Finance Officers Association for its Fiscal Year 2021 budget. The award is based on nationally recognized guidelines and demonstrates a commitment to meeting the highest principles of governmental budgeting.

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TD Bank presents….

Please join us on February 16 at 2:00 p.m. for this virtual event, Our Evolving Economy Amid COVID-19. This webinar led by Tom Gregory will feature key insights from TD Bank’s Director and Senior Economist, James Marple, and TD Bank’s Head of Government Affairs, Jim Johnson on important topics including overarching economic updates, how the…

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A Letter From Our President

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Fiscal First Aid- GFOA US & Canada

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Many best practice articles suggest putting your best staff on the ERP implementation project, and then backfill for their ongoing day-to-day responsibilities. Do you find this practical; from your experience have you seen this actually carried out?

Yes. I think that it is practical and necessary to put your “best” on the project. The alternative is putting your “less than best” people on the project and setting up the system in a way that doesn’t set up that foundation for future success. We recommend that you don’t completely remove those individuals from…

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What is the typical life cycle of an ERP system?

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ERP- There seems to be a trend moving away from single integrated system (which may be good for some tasks and less than adequate for others) to selecting best-in-class and develop integrations. Thoughts on this trend?

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ERP- In my experience training always seems to fall flat in implementations – is there any proven fix to this issue?

Don’t limit training to only the system. Remember these are change projects and users must understand why they doing tasks in the way that is now required. Train on business process, train on chart of accounts, train on policies that are different. Also, assume training doesn’t end with go-live.

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