A Letter From Our President

I hope everyone is having a productive summer and that you have or will take an opportunity to get away from work and recharge before the summer is over. I want to thank all of you for participating in the virtual Annual Summer Conference this past June. Attendance was nearly 300 and we were gratified that so many participated actively in the conference and stayed with us throughout the day.

Because of the continued persistence of the pandemic, the Board of Directors has decided to make the Fall Conference virtual as well. We also expect that we will need to have the Winter and Spring Conferences virtual as well, but we are holding out hope that we can meet in-person again next June in Ocean City for the Annual Summer Conference. I want to thank CliftonLarsonAllen, LLP for hosting and providing the on-line forum for our virtual conferences this year as they did for the Annual Summer Conference.

The Program Committee has done a tremendous job of assembling an excellent agenda for the Fall Conference including presentations by Michael Mucha, the Deputy Executive Director of the GFOA and Wanda Gibson the Prince George’s County Government Chief Information Officer on Upgrading your ERP Software.

Our Affinity Group’s are also planning their Fall meetings and you have probably already been contacted about the upcoming Tax Affinity Group’s virtual meeting and will shortly hear from the other Affinity Group on their planned offerings for later this year.

As we have for the past few years we are continuing to offer very affordable online training in Cash Management and Banking, Debt Management, Accounting and other courses to support your continued professional development.

Keep safe and we hope to see you virtually at the October 30th Fall Conference.

All the Best,

Joe Beach, President
Maryland Government Finance Officer’s Association


Upcoming Quarterly Conferences

SAVE THE DATES!

January 29, 2021

April 30, 2021

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

We thank those that attended. Look for our emails regarding upcoming Affinity Group Meetings and the Winter Conference

Time to Renew

2020-2021 Membership Renewal / Acquisition

July 1 starts our new MDGFOA Membership year. Have you renewed your Membership? Just LOG IN, and renew.

New to MDGFOA and ready to become an active Member? We cannot wait to have you join us!!

2020-2021 Mentorship Program

Interested in becoming a Mentor or being Mentored? The MDGFOA announces its New MENTOR Program that pairs our more experienced members with those who are somewhat new either to the field or to their respective positions, such as someone who has recently been promoted to management.

Click on the link below, fill out the form and send it to mdgfoa@mdgfoa.org and we will contact you regarding your request

MDGFOA BLOG

Fiscal First Aid- GFOA US & Canada

What is Fiscal First Aid? By: Mike Mucha, GFOA Deputy Executive Director Shayne Kavanagh, GFOA Senior Manager of Research Katie Ludwig, GFOA Senior Manager Jamie Porter, GFOA Program Associate COVID-19 and the associated recession has presented immediate financial difficulties and has also harmed the long-term financial outlook for local governments.   To help local governments deal…

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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?

What is the typical life cycle of an ERP system?From our research and experience, ERP systems need to be upgraded regularly. Most governments hold onto a system for 15-20 years between entire replacement projects. However, poor implementations, or lack of regular upgrades will require a shift much sooner (10-12 years is not unusual).

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What are the tell-tale signs that an ERP system needs to be replaced?

1) Current vendor no longer supporting system 2) Your business processes are fragmented, not consistent, rely on shadow systems or manual work 3) Your original system implementation did not fully implement the planned scope 4) The system itself presents business continuity risk from security issues, lack of internal support, or technology compatibility issues 5) Future…

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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?

Core ERP (finance, procurement, HR, payroll) should be part of one system. It creates too many issues if your split up this “integrated core” Extended functions however, which in the past may have been modules of an enterprise-wide system such as utility billing, permitting, recruiting, etc. can be (and in my opinion should be) evaluated…

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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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Lauren Bierly, Accountant/Auditor for Montgomery County, receives the 2020 MDGFOA Lloyd Jones Scholarship Award

Lauren did not take the normal route to become an accountant. Lauren has a Bachelor of Science degree in Geology from Juniata College and a Masters of Science in Geology from Purdue University. After working in the geology field, Lauren then obtained a Masters in Accountancy from the University of Texas of the Permian Basin.…

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Intermediate Governmental Accounting Seminar slated for Spring 2021

MDGFOA will be hard at work over the Autumn and Winter updating our content for the Intermediate Governmental Accounting Seminar. The GFOA released a new Blue Book over the summer of 2020. As well, new uniform guidelines are rolling out. We will send out notification once a date is scheduled in the Spring for IGAS.

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New Record: Montgomery Earns 50th Award for Excellence in Financial Reporting

Montgomery County earned a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association (GFOA) for its 2019 Comprehensive Annual Financial Report (CAFR). The County has received this award 50 times since 1951 and for 48 consecutive years since 1972 – more than any other County in the nation. The Certificate…

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Governor Hogan Announces Beginning of Stage Three of Maryland’s COVID-19 Recovery, Additional Safe and Gradual Re openings

Find out more here

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Join the MDGFOA as an Associate Partner for our 2020-2021 Membership year. Support our Members in education, create new relationships with potential clients, build upon current business relationships.

Find out more here: MDGFOA 2020-2021 Partnerships

Thank you to our 2020-2021 Annual Partners

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