Spring 2015 • Volume 30
GOVERNMENT FINANCE
INSIDE
President’s Report/
..................................................... 1, 2
Spring Conference
.......................................................... 3
CPE Reports & Classes
.......................................................... 4
GFOA National Conference
.......................................................... 5
Fall Conference
.......................................................... 6
Membership News
.......................................................... 6
Scholarships
.......................................................... 6
Treasurer’s Report
........................................................... 7
Budget Awards Program
.................................................. 7, 8, 9
Board of Directors &
Committees ............................ 10
OFFICE OF THE PRESIDENT
O F F I C E R S A S S O C I AT I O N O F S C
by B R ETA RH E N E Y, 2015 GFOA S C P RE S I DE N T
GREETINGS MEMBERS & FRIENDS,
This newsletter begins our new year for
There were some changes on the agenda
2015. Last year, the Organization made a lot
that were not completed within the last year
of positive changes. One change was the
and thus have carried over into the next year.
hiring of Associations Plus to assist the Board
A project that was spearheaded by Dennis
with the administrative functions, along with
Locke last year that will carry over into this
their knowledge of running conferences for
year is the revision to the Policies and Proce-
organizations of our size and greater. You
dures. The Policies and Procedures are set by
can learn more about Associations Plus by
the Board and provide direction for running
visiting their website, http://www.associa-
the Association, as allowed by our By-Laws.
tionsplus.com/. Another major improvement
is our website, http://gfoasc.org/ . If you have
not visited the website lately, please do so
and provide us with your feedback. The site
is greatly improved and easier to manage and
update. For the 2014 fall elections, we used a
new voting system that was easy and more
efficient than the process we used in the
past. Another great enhancement is a new
feature on the website that allows payments
to the organization to be made online via a
credit card. This service is offered through
Point and Pay and their website is http://
pointandpay.com/.
Last year, as President-Elect, I began to re-familiarize myself with our current By-Laws.
As our governing document, it also needs to
be revised occasionally; therefore, in our first
board meeting this year I requested forming
a special committee to review and propose
any needed changes. Everyone agreed and
commissioned the committee to complete
the project in time to present to the membership for vote by the Spring Conference.
This is currently in the works and the Board
is reviewing the suggested changes. Once
the Board reaches consensus on what we
feel our new governing document should
cont’d
page 1
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
OFFICE OF THE PRESIDENT cont’d
contain, we will post the proposed By-Laws on the
Each year we appoint committees as defined in
website and put it to a vote of our members at the
our By-Laws. The list of Standing Committees and
Spring Conference. Upon completion of this project,
related Chairs with their contact information is
we can then complete the revision of the Policies
noted on the last page of this newsletter, along
and Procedures. This document does not require
with your current Board. In addition to these, we
membership vote, but will be posted on our website
currently have two Special Committees that are
upon its completion. As the Board of Directors
included. We encourage those of you that have not
meets each month, we continually look for ways to
worked on a committee to consider doing so next
improve GFOASC.
year. The By-Laws list all Standing Committees and
We have a few GFOASC events we would like for
you to support. Please place these dates on your
calendar to attend. First, is the GFOASC 2015
Annual Spring Conference that will be held
their purposes. It is important to note that some
appointments may extend beyond one year. Your
participation is extremely important to make the
Association a valued resource to our membership.
Monday, May 4, 2015 in Columbia, South Carolina
Please feel free to contact any board member with
at the Columbia Metropolitan Convention Center.
your thoughts and suggestions. We are here to
Jeff Palen, is serving as conference chair, and is
serve you.
working diligently with his committee members to
Kind regards,
provide an informative agenda. Registration is now
open on the website and the final agenda will be
provided soon. The 2015 GFOASC Annual Fall
Breta Rheney
Conference is planned for October 18th – 21st,
2015 GFOASC President
2015, in Myrtle Beach with Jennifer Broughton,
President-Elect serving as the conference chair.
Jennifer began her work last December and is well
on her way after having several committee meetings since February. Stay tuned for email blasts and
updates on the website for more information. We
are also offering three CPE classes in June, July and
August. Ian MacLean, CPE Continuing Education
Chair, has registration open for June and July and
will have August available very soon. Please visit
the website for specific information regarding the
classes and registration.
page 2
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
SPRING CONFERENCE
by J EFF PA LEN, 2015 GFOASC Spring Conference Chair
The GFOASC Spring Conference will be held on Monday, May 4th at the Columbia Metropolitan Convention
Center near Gervais Street in downtown Columbia. The theme of the conference is “Investing In Our
Employees, Investing In Our Future”. In order to address the professional development for all of our members,
our agenda will provide a broad range of topics starting with our Keynote speaker, Dr. Bruce Yandle.
Our other general session speakers will be Dr. Scott Little and Glen Ward. Concurrent topics will include a
GASB update, Department of Education audit, reporting tools for SCEIS, financing alternatives, a panel discussion on “Investing in our Employees” and more.
We encourage your attendance to renew and to make new connections that will allow you to take your
abilities both professionally and personally to a higher level. We look forward to seeing you at the 2015
GFOASC Spring Conference.
Government Finance Officers Association of South Carolina
2015 Spring Conference
Columbia Metropolitan Convention Center
Monday, May 4, 2015
GFOASC
P.O. Box 8840
Columbia, SC 29202
www.gfoasc.org
Register by completing
this registration form.
Send your check and
form to the address listed
above. Include your
member number on the
check. You can also pay
on the website with a
credit card.
______________________________________________________________________________
Name
______________________________________________________________________________
Name for Badge
______________________________________________________________________________
Agency/Company
______________________________________________________________________________
Address
______________________________________________________________________________
City, State, & Zip
______________________________________________________________________________
Phone
Fax
______________________________________________________________________________
Email
Circle member or non-member rate
Cancellation notices must be received in writing by GFOASC via
fax 803-252-7799 or email
[email protected].. Registration cancellations received on or
before Monday, April 20, 2015,
are eligible for a refund. Refunds
will be processed in the next payment cycle. Registrants CANCELING AFTER April 20, 2015
AND
CONFERENCE
NO
SHOWS are liable for the full
amount due. No refunds will be
issued for cancellations received
after April 20, 2015.
Early Bird (through 4/20/15)
Regular (from 4/20/15—05/03/15)
On-site or after (on & after 05/04/15)
Member
Regular Associate
Non-Member
Regular Associate
$ 95.00
$195.00
$110.00
$240.00
$110.00 $130.00
$210.00 $260.00
$130.00 $160.00
$230.00 $290.00
Amount Enclosed: _______________________
Check or PO #______________________________________________________
I am a CGFO
Diet restrictions__________________________________________________
Re gistration includes all conf erence materials, continental
breakf ast, refreshment breaks and lunch.
GFOASC FEIN Number: 57-0810232
page 3
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
REMINDER CGFOS!
by A NGI E M CI NCHO K
Your 2014 CPE Reports were due on February 28, 2015. If you have not yet submitted, please mail
your completed report, supporting documentation and the $15 late fee to:
GFOASC
Certification Records
PO Box 8840
Columbia, SC 29202
You can also pay the late fee with a credit card on our website. Attach a copy of your receipt with
your documentation. Your information will not be accepted until the late fee is paid.
Interested in becoming a Certified Government Finance Officer in South Carolina? Watch the
GFOASC website for upcoming information on the 2015-2016 Certification Program.
CPE CLASSES
FOR MORE INFORMATION, please email [email protected]
BY I A N M ACLEA N
GFOASC will be offering three CPE courses throughout the summer at Midlands
Technical College. These classes are available for (4) hour CPE credits or (8) hour credits,
depending on your preference.
This year’s classes will cover topics such as, effective habits of government finance
officers, changes in the A-133 and COSO models, fraud risks and the Insurance Reserve
Board. Breakfast and lunch will be provided if an (8) hour credit course is taken, lunch
will also be available for any one taking a (4) hour credit course for an extra $10.
For full details please visit the GFOA website at http://gfoasc.org/continuing-education/.
page 4
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
109TH ANNUAL
GFOA NATIONAL CONFERENCE
by MAT T EVANS – STAT E R EP R ESENTAT I V E
NATIONAL GFOA 2015 ANNUAL CONFERENCE
Join fellow finance professionals to gain practical advice and learn effective techniques to meet the continuing challenges
facing the public and private sector during GFOA’s 109th annual conference.
The conference will take place on May 31-June 3, 2015, at the Pennsylvania Convention Center in Philadelphia, Pennsylvania.
This year’s theme is INNOVATION AND RESILIENCE. Registration for the conference is open on GFOA’s website.
Sign up early and take advantage of discounted registration fees.
If you plan to attend the national conference and would like to be included in a gathering of all South Carolina attendees,
please email me at [email protected]
NEW THIS YEAR
The GFOA will be awarding 50 SCHOLARSHIPS PER STATE or province in the amount of the full-conference
registration fee to first-time conference attendees who are national GFOA active government members. Scholarships will be
awarded in the order they are received. If you are interested in applying for the scholarship, e-mail [email protected].
CONTACT INFORMATION
Applications and additional information are available under “Student Opportunities” at www.gfoa.org
Scholarship Committee Government Finance Officers Association 203 North LaSalle Street, Suite 2700 Chicago, IL 60601-1210
(312/977-9700)
page 5
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
2015 FALL CONFERENCE
“TOGETHER TOWARDS TOMORROW”
by JENNIFER B RO UGHTO N – FA LL CO NFER ENCE C H A I R
The 31st Annual GFOASC Fall Conference will be held
I am looking forward to seeing all of you there. Please watch
October 18-21, 2015, and we will be returning to the Marriott
the Web site for more details as they become available
Grande Dunes in Myrtle Beach. The Fall Conference committee
(www.gfoasc.org). If you have ideas or suggestions, please visit
has started meeting and planning, and they have many exciting
the site and let us know—we are happy to hear from you!
events planned. I hope you all will plan to attend. This conference
DON’T MISS THIS GREAT CPE AND
NETWORKING OPPORTUNITY!
offers a great value with an average of 16 units of CPE.
MEMBERSHIP NEWS
by CA RRIE JO HNS O N, M e mbe rsh i p Commi tte e C h a i r
HAVE YOU PAID YOUR 2015 GFOASC DUES?
You should have already received an email from Associations Plus in regards to your membership.
If you haven’t, please contact Hannah at [email protected].
It is important to keep your dues up to date in order to take advantage of the EARLY BIRD MEMBER PRICING
of Conferences and member rates of the CPE classes.
SCHOLARSHIPS
THE 2015 MEMBERSHIP TYPES AND RATES ARE ON THE WEBSITE, http://gfoasc.org/become-a-member/.
by Kristina Junkner, Scholarship Committee Chair
SOUTH CAROLINA
The GFOASC offers TWO ACADEMIC SCHOLARSHIPS each year.
• T HE WILLA S. BELLAMY SCHOLARSHIP, in the amount of $1500,
will be awarded to a college student who attends a public four-year college or university.
FOUNDING FATHERS SCHOLARSHIP, in the amount of $1000,
• THE
will be awarded to a college student who attends a public two-year college or university.
The Association also awards the
Zook Certification Program Scholarship which covers the costs of
• Katherine
registration fees and books for the five certification courses. The applicant must be a
member (regular or agency) of the GFOASC.
These scholarships are awarded at the GFOASC Sping Conference.
Submission Deadline: Application deadline is April 5, 2015.
The committee is currently reviewing all submissions received by the deadline and the
winners will be awarded at the 2015 Spring Conference.
INFORMATION
Please visit www.gfoasc.org to learn more about each of these to download an application.
You may also email any questions to [email protected]
page 6
TREASURER’S REPORT
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
by Matthew Norman, CGFO
STRONG REVENUE CONTINUES
As of February 28th, 2015, the Association has $133,609.27 in the bank.
We were able to close out calendar year 2014 with over $27,000 in
earnings for the year. Associations Plus has done an outstanding
job in helping GFOASC coordinate the invoicing and accounts
receivable processes, which played a large part in us having such
a strong year.
All of the 2015 membership dues invoices should have been
sent out in January and February, and we have seen a lot of those
payments already.
Just as a reminder, all past and current membership dues must be paid in
order to maintain the CGFO certification.
As always, if anyone has any questions about the Association’s finances,
please feel free to contact me at [email protected].
BUDGET AWARDS PROGRAM
by L ARRY M . SA PP, CGFO
THE GFOA established the Distinguished Budget Presentation Awards Program (Budget Awards Program)
in 1984 to encourage and assist state and local governments to prepare budget documents of the very highest
quality that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting
and the GFOA’s best practices on budgeting and then to recognize individual governments that succeed in
achieving that goal. Documents submitted to the Budget Awards Program are reviewed by selected members
of the GFOA professional staff and by outside reviewers with experience in public-sector budgeting.
For more information visit http://www.gfoa.org/budgetaward
Larry M. Sapp, CGFO, Chief Financial Officer,
Hilton Head PSD
cont’d
page 7
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
BUDGET AWARDS PROGRAM cont’d
page 8
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
BUDGET AWARDS PROGRAM cont’d
page 9
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
2015 BOARD OF DIRECTORS
BRETA R. RHENEY, CPA – President
[email protected] .gov
JENNIFER BROUGHTON – President-Elect
[email protected] .gov
DENNIS R. LOCKE, CGFO – Immediate Past President
dlocke@cityofspar tanburg.org
JESSIC A LEE – Secretar y
jlee@scpr t.onmicrosoft.com
MATTHEW NORMAN, CGFO – Treasurer
[email protected]
KRISTINA JUNKER, CPA, CGFO – Director
kjunker@greenvillesc .gov
DONNITA SMITH, CGFO – Director
dsmith@cityofspar tanburg.org
SHEILA SMITH – Director
[email protected]
LORI J. THOMAS, CGFO – Director
[email protected]
MATT EVANS, CGFO – State Representative
[email protected]
STANDING COMMITTEES & CHAIRS
EXECUTIVE: Breta Rheney — [email protected]
NOMINATING: Dennis Locke — [email protected]
MEMBERSHIP: Carrie Johnson — [email protected]
PROGRAM: Ian MacLean — [email protected]
CERTIFIC ATION: Angie McInchok — [email protected]
FINANCIAL REVIEW: Kevin Yokim — [email protected]
SCHOLARSHIP: Kristina Junker — kjunker@greenville .sc.gov
PROFESSIONAL ETHICS: Stacey Hamm — [email protected]
SPRING CONFERENCE: Jeff Palen — [email protected]
FALL CONFERENCE: Jennifer Broughton — [email protected]
POLICIES AND PROCEDURES: Matt Evans — [email protected]
NEWSLETTER: Vicki Bowles — [email protected]
SPECIAL COMMITTEES & CHAIRS
POLICIES AND PROCEDURES REVISION: Larr y Sapp — [email protected] & Carrie Johnson — [email protected]
BY-LAWS UPDATE: Larr y Sapp — [email protected]
GOVERNMENT FINANCE OFFICERS
THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF SC
Spring 2015 • Volume 30
page 10