California League of Bond Oversight Committees

A G E N D A

10:00 – 10:30 am -- Registration

10:30 – 11:00 am
Welcome & the History of CaLBOC
Michael Day, CaLBOC President/Co-Founder

11:00 – 11:30
CaLBOC Legislative Program: Past, Present and Future
David Wolfe, CaLBOC Board Member

11:30 – 12: noon
The Manhattan Beach CBOC Website
An Informing the Public Best Practice
George Reppucci, CaLBOC Board Member
Demonstration in real-time the MBUSD CBOC website. It has Agendas, minutes, audit reports. by-laws, reports, a lease-lease back contract method briefing, contract documents, schedules, Brown Act links, a project video, a live building site webcam, and photos of the Manhattan Beach USD Measure BB Project.

calboc_handouts_20pages.pdf

12: noon – 1:00 pm -- LUNCH
Funded by the members of Kern County Taxpayer Association

1:00 – 1:45 pm
Alternative and Unconventional School Bond Financing Structures
Mark Saladino, Special Guest Speaker
Los Angeles County Treasurer and Tax Collector
Alternative financing structures designed to augment funding over authorized limits, and controversial (and costly) financing structures designed to circumvent tax rate limitations, and the improper use of bond proceeds. Will go over four actual case studies of transactions that were found to be objectionable that were restructured to save local property owners huge amounts of money.  

Saladino-whitepaperbond-letter.pdf

A G E N D A  (continued)


1:45 – 2:30 pm
Forensic Accounting Tips
Alicia Minyen, CPA, CFE, CaLBOC Board Member
Learn methods for detecting waste and illegal misuses of bond proceeds. Capital Appreciation Bonds: Understanding the Universe of CABs and their negative implications on school financing.
UnderstandingCABS_handouts.pdf

2:30 – 2:45 pm  --  Break

2:45 – 3:30 pm
Preserving the Public Trust:
Case Studies in Technical Financial Analysis
Lori Raineri, Special Guest Speaker
President of Government Financial Strategies
Attendees will learn how to discover the bottom line cost of bond financing strategies, as well as foundational flaws in a bond program. Lori Raineri will present case studies which illustrate common financial inefficiencies and the resulting loss of value for taxpayers. Lori will demonstrate financial analysis performed to isolate costs and understand bond financing techniques.

Raineri_handout_14pgs.pdf


3:30 – 4:15 pm
Audits and Oversight
Special Guest Speakers from the California State Controller’s Office
Jeffrey V. Brownfield, CPA, Chief, Division of Audits
Andrew Finlayson, Chief, State Agency Audit Bureau
The State Controller’s Audit authority is directed at ensuring that taxpayer dollars spent at the State and local level are free of fraud, waste and abuse. They ensure that independent auditors performing annual financial and compliance audits of school districts and local governments comply with professional audit standards and ensures that findings are addressed

HandoutsFinlayson.pdf

4:15 – 4:45 pm
Brown Act Basics
Brian W. Carver
Overview and discussion of the Ralph M. Brown Act, California’s open meeting law that governs local agencies.
calboc_handouts_20pages.pdf


4:45 – 5:00 pm
Premier of CaLBOC’s First Training Video
Lori Chinn
“Roles and Responsibilities of the Citizens’  Bond Oversight Committees” the first in a series of training videos.

https://www.youtube.com/watch?v=1zwIEu366N8

5:00 pm  --  ADJOURN

1st Annual Statewide CaLBOC Conference
May 11, 2012

10:00 AM  to 5:00 PM
https://www.eventbrite.com/e/first-annual-calboc-statewide-conference-tickets-2816529315#


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CaLBOC Presenter Bios

CaLBOC_2014bios_2pages.pdf


Presentation Handouts
calboc_handouts_20pages.pdf

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First Annual STatewide Calboc Conference • 2012