2021 Spring Conference Sessions

In and Out of Office- Workforce 2021
Alternatives for Tax Exempt Financing
Maryland General Assembly Update
Economic Update
Local Government Budget Outlook

2021 Spring Conference Presenters

Karl Ahlrichs, SHRM-SCP, CSP
Solomon Cadle, Partner, McKennon, Shelton & Henn, LLP
Scott Detar, Director, Bank of America
Davenport
Michael Sanderson, Executive Director, MACo
Andrew Bauer, VP & Regional Exec., Federal Reserve Bank of Richmond
Holly Sun, Administrator, Office of Budget, Howard County Government
Katie Barkdoll, Budget Director, City of Frederick

MDGFOA 2021 Virtual Spring Conference

April 30, 2021

In and Out of Office - Workforce 2021

9:10 am (2 CPE)

Karl Ahlrichs, SHRM-SCP, CSP

What will the future of work look like for the average office worker? In today’s “new normal” post-COVID environment, a remote or partially remote workforce is part of organizational reality. What works? What fails? This facilitated discussion covers the topic from both the human resources viewpoint and from the operational side of the desk.

Alternatives for Advance Refundings

11:10 am (1 CPE)

Jenn Diercksen, FVP, Davenport

Solomon Cadle, Partner, KcKennon, Shelton & Henn, LLP

Scott Detar, Director, Bank of America

A provision in the Tax Cuts and Jobs Act of 2017 eliminated the tax exemption for interest income in advance refunding bonds. This session will provide local government finance officers with alternatives in tax exempt financing of bonds.

Maryland General Assembly Update

1:00 pm (1 CPE)

Michael Sanderson, Executive Director, Maryland Association of Counties (MACo)

This session will provide a recap of the 2021 legislative session of the General Assembly of Maryland and how it will impact government finance officers.

Speaker Bios

Karl Ahlrichs, SHRM-SCP, CSP

Karl Ahlrichs, SHRM-SCP, CSP

Karl Ahlrichs is a national speaker, web presenter and author, often quoted in the local and national media on the people issues in modern organizations.

He has broad experience in Human Resources, Operations and senior level problem solving, working with all industries.

Karl’s experience is perfectly suited to times of great global challenges. He has decades of strategic consulting to all industries, using risk management and good organizational development theories to bypass “best practices” and move directly to “next practices”.

Karl joined Gregory & Appel, an Indianapolis‐based insurance firm, after serving as a founding partner of ExactHire, a human resources services firm. Prior experience was as a Senior Consultant for Professional Staff Management, and Vice President in the Indianapolis office of Marsh & McLennan, and Vice President of Right Management Consultants. At those firms, his clients included IU Health, Suburban Health, Roche Diagnostics, Boeing, Apple, and Frito Lay.

Karl facilitates a weekly COVID web‐based roundtable with advisors, and an invitation‐ only roundtable for CFOs, and for more than a decade he was the Program Chair for the Indiana Society for Human Resources Management annual conference. He is a member of SHRM, and the Association for Talent Development.

Karl has been named the SHRM Human Resource Professional of the Year for the State of Indiana. He has presented at the Annual Global SHRM Conference for more than 20 consecutive years and holds the SHRM‐SCP (Senior Certified Professional) and SPHR (Senior Professional Human Resources) certifications and is a CSP (Certified Speaking Professional) with the National Speakers Association.

Solomon Cadle, Partner, McKennon, Shelton & Henn, LLP

Solomon Cadle

Solomon Cadle is a partner with McKennon Shelton & Henn LLP and a member of the tax team. Solomon focuses his practice on the federal tax law and regulations involving public finance. He has extensive experience serving as bond counsel in 501(c)(3) and municipal general obligation tax-exempt and tax-advantaged financings. Solomon serves issuers and borrowers throughout their tax advantaged financings balancing the requirements of the federal tax law with their specific needs, particulars and goals and tailors a tax advantaged structure that maximizes flexibility for the client while maintaining the tax advantaged status of the financing. Solomon also works diligently with issuers and borrowers in their post-issuance tax compliance matters to ensure the preservation of the tax advantaged status of their financings for as long as they are outstanding, including IRS filings, allocations, remediation, contract revisions and exercising an issuer’s right to enter into a VCAP with the IRS. Solomon has been involved in a variety of projects including hospitals, schools, parking garages, energy facilities, transportation, water and wastewater facilities, and public recreation and open space projects. Solomon is a member of the Maryland Bar and the National Association of Bond Lawyers.

Michael Sanderson, Executive Director, MACo

Michael Sanderson, Exec Director, MACo

Michael Sanderson is the Executive Director of MACo, the Maryland Association of Counties. MACo represents county governments on policy and fiscal issues in Annapolis and serves the county elected officials across the state. Michael has been with MACo for 24 years, and just hit the ten-year mark as the Director. Michael also co-hosts the Conduit Street Podcast, which covers state policy and politics across Maryland. He's got a long history with state and local fiscal issues and is pleased to be a frequent MDGFOA presenter.

Andrew Bauer, VP & Regional Exec., Baltimore Branch of the Federal Reserve Bank of Richmond

R. Andrew Bauer, VP & Regional Exec., Baltimore Branch of the Federal Reserve Bank of Richmond

Andrew Bauer (Andy) is a Vice President and Regional Executive for the Baltimore Branch of the Federal Reserve Bank of Richmond. Andy serves as the lead external facing officer for the Richmond Fed in Maryland, the District of Columbia, and West Virginia. In this role Andy provides support to the Bank’s monetary policy responsibilities and leads the execution of Bank’s external engagement strategy. He regularly speaks about national and regional economic conditions and Federal Reserve policy to business, professional and trade associations, community groups, and the media. Prior to becoming Regional Executive, Andy worked as a Senior Regional Economist at the Richmond Fed. Before joining the Richmond Fed in 2006, he worked as an economic analyst in the macroeconomic policy group in the Research Department at the Federal Reserve Bank of Atlanta. Andy serves on the board of the Greater Baltimore Committee and the Maryland Council of Economic Education and is a former affiliate assistant professor at Loyola University. He received a Ph.D. in economics from Emory University and a B.A. from American University. Prior to becoming regional executive, Bauer worked as a senior regional economist at the Richmond Fed. In that capacity, he was responsible for monitoring and analyzing macroeconomic and regional economic conditions and spoke regularly about the economy and monetary policy. Before joining the Richmond Fed in 2006, he worked as an economic analyst in the macroeconomic policy group in the Research Department at the Federal Reserve Bank of Atlanta. Bauer serves on the board of the Maryland Council of Economic Education, is an instructor at the Maryland Banking Association's Banking School and is a former affiliate assistant professor at Loyola University. Bauer earned his doctorate in economics from Emory University in 2007 and a bachelor's degree from American University in 1994

One Year Later: Are We Nearing the End?

2:05 pm (1 CPE)

R. Andrew Bauer, VP & Regional Executive, Baltimore Branch of the Federal Reserve Bank of Richmond

This session will give an overview of recent trends in the economy and what to expect for the remainder of 2021. The presentation will cover the underlying dynamics of the recovery and include a discussion of the impact of recent fiscal policy on consumers and businesses. An assessment of the outstanding risks to the economy, including the current state of the pandemic, will also be presented.

Local Government Budget Outlook

3:10 pm (1 CPE)

Holly Sun, Administrator, Office of Budget, Howard County Government

Katie Barkdoll, Budget Director, City of Frederick

Stanley Earley, Budget Director, Prince George's County Government

Even as COVID-19 vaccines become more widespread, County and municipal budgets will feel the effects for years to come. This session will discuss what local government officials can expect to see in their budgets in the years to come, both from an expenditure and revenue perspective.

Agenda at a Glance

9:00 am- Welcome

9:10 am- Session I

10:50 am- Break

11:10 am- Session II

12:00 noon- Lunch Break

1:00 pm- Session III

1:50 pm- Break

2:05 pm- Session IV

2:55 pm- Break

3:10 pm- Session V

Registration Fees
Member $60.00
Non-Member $75.00

Registration Assistance
Should you have any issues with our online registration portal for the 2021 Spring Conference, please contact us at mdgfoa@mdgfoa.org and we will assist you immediately.