December 2002                                                                                                                                                 

It is the Newsletter Committee’s goal to provide timely, educational and relevant information to the VGFOA members.  Participation of the VGFOA members in providing feedback, writing relevant articles and/or providing other information to further the goals of the Newsletter Committee is strongly encouraged.  Please visit the VGFOA website at www.vgfoa.org; contact VGFOA Board members or contact Newsletter Committee members for additional information and/or feedback. Newsletter Issues: March, June, September and December.

 

 

                                    

 

 

President’s Message – Joe Casey

 

 

As this is my first article since becoming President in October 2002, I wanted to take the time to thank all of you for your support as we continue to further evolve the VGFOA into the premier governmental finance organization that will hopefully serve you and your staff in becoming leaders in the financial profession. It is also through your involvement that we have assembled a Board that not only represents the varied backgrounds and geographies of the State, but that is also committed in leading their assignments/committees over the next year. After being elected, I identified seven issues for which I hope that the VGFOA Board will accomplish this year on behalf of the organization. They are as follows:

 

While we may not be able to accomplish the full implementation for all seven of these issues, we will work as a Board to best position ourselves to further promote the VGFOA in compliance with our vision and mission statements developed just a few years ago. I want to thank you again for the opportunity to serve you and look forward to working with you over the next year. If you have any desire to get involved please contact myself, Judy Gough or any member of the VGFOA Board and we would be delighted to best utilize your time and efforts.

 

 

 

CALENDAR OF UPCOMING EVENTS

 

 

January 2003

Intermediate Accounting

 

February 24, 2003

GASB 34 Conversion

 

March 19, 2003

GASB 34 Conversion

Roanoke, VA

March 20-21, 2003

Innovations & Technology Conference

Roanoke, VA

April 21-22, 2003

Intermediate Accounting

 

May 4-6, 2003

Spring Conference

VA Beach, VA

May 18–21, 2003

GFOA 97th Annual Conference

New York, NY

 

 

VGFOA Executive Board October 2002 - October 2003

 

 

 


Officers:

                                               

President:                                             Joseph P. Casey, Director of Finance and Management Services, County of Hanover.  Tele#: (804) 365-6015. Email: jcasey@co.hanover.va.us

President-Elect:                                    Larry D. Clark, Assistant County Administrator, County of King George.

Tele#: (540) 775-9181. Email: lclark@kinggeorge.state.va.us

Vice President:                         Phil Grant, Director of Finance, Town of Vienna.

Tele#: (703) 255-6320. Email: finance@ci.vienna.va.us

Executive Secretary-Treasurer:             Judy Gough

Tele#: (866) 208-7025. E-mail: rgough@hoos.net

 


Directors/ Chairpersons:

Awards and Membership Committee:   Jo Ellen Kerns, Senior Budget Analyst, County of Loudoun.

Tele#: (703) 777-0178. Email: jkerns@loudoun.gov

Education Committee:              Rebecca Owens, Finance Manager, County of Roanoke.

Tele#: (540) 772-2020, Ext. 327. Email: rowens@co.roanoke.va.us

Ronald DeWitt, Accounting Manager, City of Newport News.

Tele#: (757) 926-8439. Email: rdewitt@nngov.com  

Newsletter Committee:              Terry S. Adams, Utility Controller, County of Hanover.                                                                                                      Tele#: (804) 365-6016. Email: tsadams@co.hanover.va.us  

Govt. Finance Research Committee:     Mary Carol C. White, Director of Financial & Management Svcs., County of York.              Tele#: (757) 890-3737. Email: white@yorkcounty.gov

Technology Committee:                       Raoul James Kister, Finance Director, Albemarle County Service Authority.                                                                       Tele#: (434) 977-4511, Ext. 107. Email: rjkister@acsanet.com

Past President:                          William E. Johnson, Director of Finance, City of Colonial Heights.

Tele#: (804) 520-9261. Email: johnsonw@colonial-heights.com

State Representative:                            Shelley Carmichael, Assistant Director of Finance, County of Stafford.

Tele#: (540) 658-8692. Email: scarmichael@co.stafford.va.us

 

 

Need the legislative information?

 

www.vaco.org – Virginia Association of Counties

www.vml.org – Virginia Municipal League

www.state.va.us – Commonwealth of Virginia

http://www.vipnet.org/portal/government/index.htm – Code of Virginia

 
 

 

 

 

 

 

 

 

 


Fall Conference Update – Joe Casey:

                                               

 

                                                                                                                       

VGFOA COMMITTEE REPORTS

 

 

 

 

AWARDS & MEMBERSHIP COMMITTEE – Jo Ellen Kerns:

 

Our organization will again give a $1,500 scholarship to a VGFOA member to attend GFOA’s Advanced Government Finance Institute to be held in the summer of 2003.  If you are interested in attending the Institute and would like to apply for the scholarship, complete the 2002 application form which you will find on the GFOA website at www.gfoa.org/forms/.  Send this and a cover letter to Jo Ellen Kerns at the County of Loudoun, 1 Harrison Street 5th Floor, Leesburg VA. 20177 by March 1, 2003.  The Awards Committee and the Executive Board will review the applications at the March 2003 Innovations Conference in Roanoke and the winner announced at the May 2003 conference at Virginia Beach. Ari Sky of Loudoun County was the 2002 scholarship recipient and found the Institute very educational and fun also.

 

On another note, please take time to go to the VGFOA website and verify that your information is correct.  If it is not, please email me or Judy Gough, our Executive Secretary, with the correct information.  It is vital for our organization to maintain our ability to communicate with each member.  For anyone interested in joining VGFOA, until the VGFOA membership application form is online, please email Judy Gough for the form.

 

 

 

 

EDUCATION COMMITTEE – Rebecca Owens & Ron Dewitt:

 

It has been a fairly eventful year for the VGFOA educational activities.  Our committee in association with Professor Bruce Chase of Radford University sponsored nine classes and seminars that covered a variety of topics.  These included Introductory and Intermediate Accounting classes, GASB 34 Hands-On Conversion seminars, GASB 34 MD&A training sessions, and a Leadership Development Seminar.  These events were well attended, received positive evaluations, and were financially self-supporting.  Participation and feedback from events held in the Hampton and Stanton areas indicated that regional classes are welcomed by our membership.  This year has also seen our committee add several new members and develop a larger pool of volunteer class instructors.

 

Under direction of the VGOA Board and in association with Professor Chase, our committee developed a proposed state certificate program.  Intended to promote professional development and recognition in our state, the program broadens the scope of our training into other areas of governmental financial management and is designed as an encouragement and preparation for participation in GFOA’s national certification program.

 

Plans for the upcoming year include classes on accounting and GASB 34 related topics and contingent on Board approval, startup of the proposed state certificate program.  These events will be posted on the calendar section of the VGFOA’s web page (vgfoa.org).  The education committee welcomes ideas and suggestions from our general membership.  If you have any, contact our committee co-chairs or members.  Names and numbers of our committee members are available on the VGFOA web page.

 

 

    

 

GOVERNMENT FINANCE & RESEARCH COMMITTEE – Mary Carol White:

 

GASB News…

 

Since GASB No. 34 is effective in three phases, the GASB is issuing two version of the Codification of Governmental Accounting and Financial Reporting Standards and the Original Pronouncements until all implementation deadlines have been met.  The Statement 34 version fully integrates the provision of Statements 34, 35, 37, and 38.   The Non-Statement 34 version includes an appendix incorporation the provision of Statement 34 and related pronouncements.  To order visit www.gasb.org or call 800-748-0659.

 

The GASB has posted an error correction for Statement No. 39 on its website.  Statement No. 39 documents that were shipped before June 3, 2002 included the error.  Rather than ship new documents, GASB request users insert the correction by hand.  For more information on the correction visit www.gasb.org.

 

 

 

 

WE NEED YOUR HELP!  Committees are being formed and we need your help.  Please consider serving on a VGFOA Committee.  There are five committees within our organization and all members and associate members are welcomed and encouraged to participate.  Please refer to the directory above for Committee Chairpersons’ contact information or contact Judy Gough.  We look forward to hearing from you! 

 

 

 

 

 

Coming Soon…Implementation of the VGFOA Certificate Program.  This program will provide training in key areas for finance professionals working in state and local governments in Virginia.  Candidates must be members of the VGFOA to participate.  Successful completion of the program within a five-year period will qualify the individual for a Virginia Government Finance Officer Certificate.  Watch for future newsletters and emails for more details.    

 

Mark your calendars now for the 2003 VGFOA Spring Conference in Virginia Beach on May 4th through May 6th.   The program is being developed now.  Please contact Phil Grant at finance@ci.vienna.va.us with topic or general suggestions or recommendations.   

 

 

 

 

 

You can now register on line at www.gfoa.org for the GFOA 97th Annual Conference.  The 2003 conference will be held May 18th – 21st in New York City.  There will be more than 75 concurrent sessions and discussion groups for finance professionals.    

 

 

 

 

 

 

 

Oops!  Many of you may have noticed that you recently received an invoice for dues for calendar years 2001 and 2002.  Yes, there was a delay in our billing and we are attempting to catch up with the recent invoice.  We plan to invoice for the 2003 dues in July of 2003, which should be another fiscal year for most of our members.  The good news is that the rate will remain the same low $35 for 2003.  We apologize for the inconvenience and feel free to contact with Joe Casey or Judy Gough with any questions. 

 

 

 

 

 

2003 LOCAL GOVERNMENT BOND SCHOOL

 

Hosted by:                  THE COUNTY OF HENRICO

Date:                           April 17, 2003

Time:                          8:00 A.M. – 4:30 P.M.

Location:                    Henrico County Training Center

                                    7701 East Parham Road

                                    Richmond, Virginia 23294

 

Registration deadline is April 12, 2003.  For more information call (804) 501-5200.

 

 

                                               

 “BACK- PAGE”

This section represents a collection of various items submitted by the members that may be of general interest to all members. Included in this would be job opportunities; accomplishments and awards to members or their entities; general comments or viewpoints that you are willing to share; GFOA news; and updates on former members. Please feel free to e-mail any short narrative that you would like to include.

 

 

James L. Allmendinger has been appointed to serve as Director of Finance for Rockingham County.  The department provides accounting and financial reporting services for the County and School Division.  Mr. Allmendinger came to Rockingham from the Winchester area, where he previously served as a citizen member of the Frederick County Finance Committee.  He is a certified public accountant.

 

Congratulations to Larry Clark on his appointment as Assistant County Administrator for King George County.

 

Judy Gough has retired her position with Albemarle County after 29 years of service.  Fortunately, she has not retired from the VGFOA and we will continue to benefit from her experience and service. 

 

Mary Lechner has left local government to accept a position with the federal government in the Transportation Security Agency.  

 

 

 

 

EMPLOYMENT OPPORTUNITIES:

 

 

PADCO, a leading Washington DC based international consulting firm, is currently recruiting 10 former or current municipal finance practitioners for an upcoming procurement effort in South Africa.  The assignment will be for 10- 24 months.

 

All candidates should have at least 5 to 10 years of municipal finance experience at the city/county/state level with expertise in budgeting and financial management, reporting, accounting procedures, and in capacity building to improve creditworthiness to encourage private sector participation.  Please e-mail CVs with cover letter to recbdu@padcoinc.com. Attn: South Africa.  Fax to 202-337-9512. www.padcoinc.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Terry S. Adams, Newsletter Chairperson

Virginia Government Finance Officers Association

P. O. Box 470

Hanover, Virginia 23069