54 th CMTA ANNUAL CONFERENCE Shari L. Freidenrich, CPA, CCMT, CPFA, ACPFIM Orange County Treasurer WHERE THE MAGIC BEGINS.

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Presentation transcript:

54 th CMTA ANNUAL CONFERENCE Shari L. Freidenrich, CPA, CCMT, CPFA, ACPFIM Orange County Treasurer WHERE THE MAGIC BEGINS

”I only hope that we never lose sight of one thing – that it was all started by a mouse..” Walt Disney

WHERE THE MAGIC BEGINS

My Top Five Fiscal Challenges for Local Agencies AB 109 – State Realignment Dissolution of RDAs PTAC Lawsuit Local Government Bankruptcies Federal Reserve – Short-term rates

Other Challenges for Local Agencies TAG Program Government Sequestration Build American Bonds Subsidy Dodd – Frank Act GASB 67/68 – Pension Reporting Money Market Funds – Floating NAV?

Insert 2012 Cover

Economic Indicators

“Behind the Magic” Mickey Mouse Main Street buildings Ride Lines Cars Land

My Top Five “Behind the Magic” Common Sense Changes Maintain Public Funds objectives - SLY Streamline your Operations Reduce costs without impacting staff Improve service to citizens Market low cost service options

The APT Top Five Programs Cash Handling CPFIM / ACPFIM Accreditation Educational manuals Certification programs CPFA certification (similar to CCMT)