Michael E. Broache, CPA
As some cooler weather held onto April, we gathered for the MDGFOA Spring Conference at the BWI Marriott on April 29, 2016. Our organization would like to thank our members for yet another successful conference as well as all of our partners and exhibitors for helping to make this conference a success.
The conference began with opening remarks from MDGFOA President Marty Jacobs. Following him, our first presentation was Sam Maule, Head of Digital at Carlisle & Gallagher Consulting Group, who spoke about new payment technologies; including fintech (21st Century finance and new form of banking), ATM innovation for consumer convenience, and wire transfers. After a break, Daraius Irani, Chief Economist for ERSI and Executive Director for ARTS at Towson University, discussed a disappointing GDP with consumptions in durable goods, that government spending will not be an economic engine for growth, and the economy will remain weak with no real engines of growth.
Upon the completion of the morning sessions, our members were able to enjoy some quality networking time followed by a delicious lunch. As our group met back for the afternoon presentations, Michael Sanderson, Executive Director at MACO, and David Juppe, Manager of Operating Budget at the State Office of Policy Analysis, informed the audience that there was a lot more legislation with a great deal more topics, that there was a structurally balanced budget but that the structural gap had never left, revenues came in better than forecasted, there was a little more debate over mandated spending, and no serious tax cuts. Following the final break of the day, Jay Wiley, Director of Cyber Security Operations for M&T Bank, gave insight into cyber security with discussions around various threats with a particular emphasis on ransomware and prevention strategies. The final speakers of the afternoon were Raymond P. Bahr, Chief of the Stormwater Program Review Division at MDE, and Jag Khuman, Director at the MD Water Quality Financing Administration, who talked about the stormwater management financial assurance plan requirement that is due in July as well as examples of what information is required in the report and additional information was offered as to loan and grant opportunities.
Please make sure that you register for the MDGFOA Summer Conference as soon as possible in order to secure your seat and hotel room for a vast array of stellar presentations as well as spectacular networking opportunities. It will be held at the Clarion Resort Fountainebleau Hotel in Ocean City, MD on June 22 – 24, 2016. We look forward to seeing you on those sunny shores!
Jason Zimmerman, MDGFOA Board of Directors
Upcoming Quarterly Conference Dates
October 14, 2016
January 27, 2017
April 28, 2017
October 27, 2017
January 19, 2018
April 27, 2018
October 26, 2018
January 25, 2019
April 26, 2019
October 25, 2019
Member: $150.00 Non-Member: $185.00
Click on Map for Hotel Information and Directions
BWI Marriott Clarion Resort Fountainebleau Hotel