KEEPING STATE FISCAL OFFICIALS INFORMED VOLUME 35, NUMBER 11 | NOVEMBER 2015

NASACT MAKES CHANGES TO EXECUTIVE COMMITTEE & FUTURE ANNUAL CONFERENCE LOCATIONS

Richard Ellis, NASACT’s fi rst vice president, recently • David H. Lillard, Jr., state treasurer of Tennessee announced his resignation as state treasurer of , and the most senior state treasurer on the eff ective November 1 (see related article, page 6). Executive Committee aft er Ellis, will move up He left elected offi ce to take a position as senior from serving as NASACT’s treasurer to become director of compliance and communications at the fi rst vice president. Utah Educational Savings Plan, Utah’s nonprofi t 529 • Lillard will host the 2017 NASACT Annual college savings plan. Conference in Nashville in August 2017 during As incoming president of NASACT, Ellis was his year as NASACT’s president. scheduled to host the 2017 NASACT Annual • Th e contract with the Grand America Hotel Conference in Salt Lake City, Utah. NASACT had in Salt Lake City will be fulfi lled by having previously signed a contract to hold the conference in the 2018 NASACT Annual Conference there. August 2017 at the Grand America Hotel. Debbie Davenport, auditor general of Arizona, On October 28 and November 5, NASACT’s will be NASACT’s president that year. Executive Committee met via conference call to fi ll • , state treasurer of Vermont and the the vacancies that Ellis’s departure created among the next ranking state treasurer on the Executive committee’s offi cers and also to discuss the location Committee, will move up to become an offi cer, for the 2017 conference. Th e Executive Committee serving as NASACT’s treasurer. made the following decisions:

NEW 2015-16 EXECUTIVE COMMITTEE

PRESIDENT FIRST VICE PRESIDENT SECOND VICE PRESIDENT SECRETARY TREASURER IMMEDIATE PAST PRESIDENT Calvin McKelvogue David H. Lillard, Jr. Debbie Davenport D. Clark Partridge Beth Pearce William G. Holland Chief Operating Officer, IA State Treasurer, TN Auditor General, AZ State Comptroller, AZ State Treasurer, VT Auditor General, IL

AUDITOR REPRESENTATIVES COMPTROLLER REPRESENTATIVES TREASURER REPRESENTATIVES Dianne E. Ray, CO John C. Reidhead, UT , VA Stacey E. Pickering, MS Anna Maria Kiehl, PA , IL Steven M. Eells. NJ Thomas L. White, Jr., AL (Vacancy TBD)

NASACT News | November 2015 1 ASSOCIATION NOTES

NASACT ANNOUNCES 2015-16 COMMITTEES Calvin McKelvogue, chief operating offi cer of available at www.nasact.org/comms_groups Iowa’s State Accounting Enterprise and president (members only content, you must be a member and of NASACT, has fi nalized the 2015-16 committees. logged in to the site to view the information). Complete committee rosters and resources are

STRATEGIC COMMITTEES Budget Vice Chair: Debbie Davenport, Auditor General (AZ) Committee on Accounting, Chair: Beth Pearce, State Treasurer (VT) Reporting and Auditing (CARA) Vice Chair: D. Clark Partridge, State Time and Place Co-Chair: Randy Roberts, Senior Comptroller (AZ) Technical Director, Office of the Auditor Chair: Debbie Davenport, Auditor General (AZ) Constitution and Bylaws General (AZ) Co-Chair: Kristopher Knight, Director, Chair: John C. Reidhead, Director, Vice Chair: D. Clark Partridge, State Division of Accounting (DE) Division of Finance (UT) Comptroller (AZ) Vice Chair: Stacey Pickering, State TASK FORCES & Financial Management and Auditor (MS) Intergovernmental Affairs OTHER GROUPS Committee (FMIAC) Hall of Fame Selection FAF/GASB/GASAC Selection Chair: David A. Von Moll, State Task Force Chair: David H. Lillard, Jr., State Comptroller (VA) Treasurer (TN) Chair: Calvin McKelvogue, Chief Vice Chair: Steve McCoy, State Treasurer Operating Officer, State Accounting Vice Chair: Debbie Davenport, Auditor (GA) Enterprise (IA) General (AZ) Vice Chair: David H. Lillard, State Membership Nominating Treasurer (TN) Chair: Anna Maria Kiehl, State Chair: William G. Holland, Auditor Comptroller/Chief Accounting Officer Pension Standards General (IL) (PA) Implementation Work Group Vice Chair: Nancy K. Kopp, State Vice Chair: Beth Pearce, State Treasurer (VT) Chair: Greg S. Griffin, State Auditor Treasurer (MD) (GA) Training & Professional Personnel Vice-Chair: Cindy Jorgenson, Deputy Development Financial Compliance Audit (MT) Chair: Calvin McKelvogue, Chief Co-chairs: Calvin McKelvogue, Chief Operating Officer, State Accounting Operating Officer, State Accounting Center for Governmental Enterprise (IA) Enterprise (IA) and Paul Joyce, State Financial Management Vice Chair: David H. Lillard, Jr., State Examiner (IN) President: David H. Lillard, Jr., State Treasurer (TN) Vice Chair: David H. Lillard, Jr., State Treasurer (TN) Treasurer (TN) Resolutions Vice-President: Calvin McKelvogue, Chief Operating Officer, State ADMINISTRATIVE Chair: Manju Ganeriwala, State Accounting Enterprise (IA) Treasurer (VA) COMMITTEES Secretary: William G. Holland, Auditor Vice Chair: Thomas L. White, State General (IL) Audit Comptroller (AL) Chair: Tori M. Hunthausen, Legislative Treasurer: Debbie Davenport, Auditor General (AZ) Auditor (MT) Strategic Planning Vice Chairs: John Geragosian and Robert Chair: David H. Lillard, Jr., State Ward, Auditors of Public Accounts (CT) Treasurer (TN)

NASACT News | November 2015 2 NEWS FROM WASHINGTON

VOTERS SELECT AUDITORS/TREASURERS IN THREE STATES

While 2015 is an “off ” election year, three states had Louisiana: Incumbent State Treasurer John Kennedy state auditor and state treasurer seats up for grabs this was unopposed in the general election. month: Mississippi: Incumbent State Auditor Stacey Kentucky: Th e Bluegrass State will have two new Pickering retained his seat, defeating Joce Pritchett, NASACT members. Incumbent State Auditor Adam a civil engineer. Incumbent State Treasurer Lynn Edelen was defeated by State Representative Mike Fitch also retained her seat, defeating Reform Party Harmon. Th e state treasurer seat was being vacated candidate Viola McFarland. by term-limited Todd Hollenbach, and the new state treasurer will be attorney .

FIND COMPLETE MEMBER INFORMATION IN THE ONLINE DIRECTORY NASACT has a comprehensive member directory available online at www.nasact.org/af_memberdirectory.asp. To request a hard copy of NASACT’s printed directory, email Glenda Johnson at [email protected].

Changes to your contact information may be emailed to Pat Hackney at [email protected].

GAO INVESTIGATES STATE’S SUPPLEMENTAL PAYMENTS

Th e U.S. Government Accountability Offi ce recently “By increasing providers’ Medicaid payments, released a new report examining potential incentives and requiring providers receiving the payments for states to make excessive supplemental payments to supply all or most of the nonfederal share, we to certain Medicaid providers who fi nance the found that states claimed an increase in federal nonfederal share of the payment. matching funds without a commensurate increase For over a decade, GAO has released reports fi nding in state general funds. For example, we found that that complete and reliable data are lacking on the tens in one state a $220 million payment increase for of billions in Medicaid supplemental payments states nursing facilities in 2012 (which was funded by a oft en make, hindering transparency and oversight. tax on nursing facilities) resulted in an estimated Th is new report, entitled “Medicaid: Improving $110 million increase in federal matching funds; Transparency and Accountability of Supplemental no increase in state general funds; and a net Payments and State Financing Methods,” looks at payment increase to the facilities, aft er paying the improving transparency and oversight from GAO’s taxes, of $105 million.” work related to certain supplemental payments states GAO concluded the report by noting that the make to providers, and states’ fi nancing of the non- fl exibility states have in how they pay providers federal share of Medicaid. and fi nance the nonfederal share has enabled states Within certain limits, states can make supplemental to make excessive payments to certain providers payments to providers in addition to their regular and allowed states to shift costs to the federal claims-based payments and receive federal government. GAO also found that Congress and matching funds. To fi nance the nonfederal share the Centers for Medicare & Medicaid Services need of Medicaid payments, states can use funds from better information and more tools to understand local governments and providers, within federal who receives non-disproportionate share hospital parameters. One of the key fi ndings of the report (non-DSH) supplemental payments and in what is that states are increasingly relying on providers amounts, and to determine the extent to which they and local governments to fi nance Medicaid and that are ultimately used for Medicaid purposes. the data needed for program oversight is lacking. Th e full GAO report can be found at www.gao.gov/ Specifi cally, the report notes: assets/680/673493.pdf.

NASACT News | November 2015 3 NEWS FROM WASHINGTON

HOUSE COMMITTEE ADVANCES LEGISLATION TO TREAT INVESTMENT GRADE MUNICIPAL SECURITIES AS HIGH-QUALITY LIQUID ASSETS Th e House Financial Services Committee recently of municipal securities for banks to underwrite passed legislation (H.R. 2209) that would require them, which in turn could increase borrowing costs regulators to classify all investment grade municipal for state and local governments to fi nance needed securities as high-quality liquid assets, or HQLA. infrastructure projects. Th is legislation would amend the 2014 Liquidity In addressing concerns about the exclusion of Coverage Ratio rule approved by the Federal municipal securities from the defi nition of HQLA, Reserve, the Federal Deposit Insurance Corporation the Fed did issue a proposal which would qualify and the Offi ce of the Comptroller of the Currency some municipal securities as HQLA. Th e practical (OCC), which excludes municipal bonds from eff ects of the rule, however, are limited as the classifi cation as HQLA. proposal is only from the Fed, not from the OCC or HQLA are defi ned as assets that can be easily and FDIC, and there are several strict limitations on the quickly converted to cash with little or no loss of applicability to municipal securities. value during a period of liquidity stress. Th e bill allowing all investment grade municipal Th e FDIC, the Fed and OCC previously voted to securities to qualify as HQLA now goes to the House approve fi nal liquidity standards for banks to ensure fl oor. Once a date is determined, NASACT will that large fi nancial institutions have enough liquid be requesting that members contact their House assets to fund their operations for at least 30 days. Th e delegations urging support for the measure. standards require that banks meeting the total asset H.R. 2209 currently has 20 cosponsors. Actions and threshold of $250 billion maintain a designated level bill text can be found at https://www.congress.gov/ of HQLA. Th e fi nal rule, however, failed to classify bill/114th-congress/house-bill/2209/all-actions. municipal securities as HQLA. Failure to qualify municipal bonds as HQLA will reduce the appeal

TREASURY LAUNCHES OPENBETA.USASPENDING.GOV

As implementation of the Digital Accountability and years’ worth of spending information. Th e Beta website Transparency Act continues, the U.S. Department is limited in use to gather recommendations and of Treasury has launched a new website to solicit suggestions on the features users might want in a fi nal feedback on the development of what will become the iteration of USASpending. Th e existing USAspending. revamped public facing website required by the law gov will continue to serve as the main transparency site to track federal spending. OpenBeta.USAspending. until the fi nal is unveiled in 2017. gov requests input in an upfront ongoing manner and Th e vision is to develop a public facing website by gathers recommendations and suggestions on the May 2017–a date required by the law–that will allow features to be displayed in the fi nal iteration of the an open window into government spending. Th e fi nal transparency website required by the DATA Act. site will allow users to track federal spending, from OpenBeta.USAspending.gov features several search congressional appropriation down to purchase and options and a demo of a search functionality that grant details–what was bought, from whom, when, provides access to the data quickly. Th e website also and for how much. allows the creation of charts, graphs and maps from NASACT will continue to keep members apprised the search results. It should be noted, however, that the of information on the DATA Act and any further data is for demo purposes only and contains only two developments concerning the new Beta website.

DATA ACT WEBINAR & RESOURCES – NASACT, in conjunction with the Association of Government Accountants, recently held a national webinar discussing the DATA Act, what it means for recipients, and an overview of the Section 5 Pilot project that is currently underway. The webinar is available for viewing at https://youtu.be/-sV0iD89QBw. Other DATA Act resources are linked on NASACT’s home page at www.nasact.org.

NASACT News | November 2015 4 ASSOCIATION NOTES

WHAT’S NEW AT www.nasact.org? Th e survey can be reached at https://www. surveymonkey.com/r/ACTFSLG2016. Th e survey Several new items have been posted on NASACT’s will be open through December 31, 2015 at 5:00 p.m. website: Eastern time. • Th e following technical inquiries from state comptrollers (members only content): GASB SURVEY ON CONFORMITY WITH - Tax Return Processing GAAP: YOUR INPUT NEEDED! - Electronic Signatures Th e GASB has invited members of NASACT to • NASACT’s comments to the Governmental participate in an important survey regarding the Accounting Standards Board exposure draft activities related to preparing and publishing audited Accounting and Financial Reporting for Pensions annual fi nancial reports in conformity with GAAP. Provided through Certain Multiple-Employer Th e information collected will be highly valuable Defi ned Benefi t Pension Plans (at www.nasact. to the GASB in evaluating the costs and benefi ts org/gasb) associated with conforming to GAAP and the eff ect on the timeliness of issuing GAAP fi nancial IRS ADVISORY COMMITTEE SEEKS INPUT reports. Th is will be particularly important as the Th e Federal, State and Local Government GASB reviews the standards related to the fi nancial Subcommittee (FSLG) of the Internal Revenue reporting model, including Statement 34. Service’s Advisory Committee on Tax Exempt and NASACT encourages members to complete the Government Entities (ACT) is seeking input. survey. GASB hopes to receive survey results from Th e FSLG is a public forum for discussion of a large and diverse sample of entities to obtain the government issues, which provides the commissioner most useful data possible. GASB staff are available to of the IRS with regular input on administrative policy answer questions throughout the survey period, and and procedures of the Tax Exempt and Government a recording of an informational teleconference that Entities Division. Th e ACT has three members that was held in September also is available on the survey represent observations about current or proposed website. FSLG policies, programs and procedures and suggest Th e survey and more information about the research improvements through an annual report. can be found at http://bit.ly/1Kr8cQS. Th e subcommittee is conducting an assessment of local Th e deadline for completing the survey is December governmental entities to determine how FSLG outreach 15, 2015. eff orts can be improved given limited resources.

UPCOMING INFORMATION SHARING CALLS

NOVEMBER JANUARY NASC Travel & P-Card Information NSAA PeopleSoft Audit Work Group – Sharing – November 25 January 20 DECEMBER NSAA Human Resources Information NASACT Committee on Accounting, Sharing Group – January 27 Reporting & Auditing – December 1 NASACT Pension Work Group – December 10

GET INVOLVED! For information on participating in any of these calls, contact NASACT’s headquarters office at (859) 276-1147.

NASACT News | November 2015 5 NEWS FROM AROUND THE NATION

MEMBER NEWS

NEW JERSEY Ellis was fi rst vice president of NASACT’s Executive Philip James Degnan was Committee and has served on many other NASACT formally nominated to serve as committees and task forces over the years. state comptroller on October 22. He received his M.B.A. from the University of Utah Degnan leads the day-to-day and a bachelor of science degree in fi nance from operations of the offi ce that Brigham Young University. audits and reviews government , deputy state treasury, will serve as programs and operations, acting state treasurer until a replacement is named. investigates misconduct by government offi cers, scrutinizes the legality of OTHER MEMBER NEWS public contracts and recovers improperly expended Medicaid funds. Changes in a few more offi ces have occurred recently. Prior to joining the Offi ce of the State Comptroller, More details about these changes will be printed in Degnan served for four years as the executive director the newsletter as they become available. of the State Commission of Investigation, which • Guam: Anthony C. Blaz is the new director of the conducts investigations in the areas of organized Department of Administration, replacing Benita crime, public corruption, public safety, and the Manglona. administration of justice in the state of New Jersey. Degnan graduated from Davidson College in North • : Frank Mautino has been selected as the Carolina and received his law degree from Seton Hall next auditor general of Illinois. He will replace University Law School in Newark. William G. Holland upon his retirement at the end of this calendar year. UTAH • New Hampshire: Michael Kane is the new Richard Ellis, Utah state legislative auditor, replacing Jeff rey Pattison. treasurer, recently left elected offi ce to take a position as senior • Oregon: Gary Blackmer, director of the Division director of compliance and of Audits, has announced that he will retire at the communications at the Utah end of the year. Deputy Director Mary Wenger Educational Savings Plan. His last will serve as interim director until a permanent day in offi ce was November 1. replacement is named. Ellis was elected state treasurer • South Carolina: George L. Kennedy is the new state in 2008. Under his leadership, the offi ce has auditor in South Carolina. Th e position had been successfully managed the state’s investments through vacant for some time. several periods of global economic uncertainty. His offi ce has also signifi cantly stepped up eff orts to return unclaimed property and funds through the CHANGES IN YOUR OFFICE? Unclaimed Property Division, making it easier for Email personnel changes to Pat Hackney at residents to search for, and collect, money that may [email protected]. be owed to them.

PATTISON IS NAMED EXECUTIVE DIRECTOR & CEO OF NGA

Th e National Governors Association recently served as the state budget director and head of the announced that Scott Pattison will serve as its new Department of Planning and Budget and executive director and chief executive offi cer, eff ective also served in the offi ce of the Virginia Attorney December 1. General as counsel. He began his career with the Pattison currently serves as executive director of federal government, serving in several roles at the the National Association of State Budget Offi cers, a Federal Trade Commission. He has been a frequent position he has held since 2001. Prior to that, Pattison speaker at NASACT conferences over the years.

NASACT News | November 2015 6 ASSOCIATION NOTES/NEWS FROM AROUND THE NATION

NASACT ANNOUNCES WEBINAR: DIGITAL TRENDS

HOW DIGITAL TRENDS ARE webinar will explore how public • Use promo code INDWEB RESHAPING GOVERNMENT sector executives can overcome to receive the discounted FINANCIAL MANAGEMENT barriers to digital adoption individual rate of $50. January 20 ranging from culture to workforce CPE: 2 credits will be available. 2:00 - 3:50 p.m. Eastern skills to procurement processes. Digital technologies are Hear about leading practices MORE INFORMATION fundamentally transforming the for taking a strategic approach way state organizations conduct to digital and the six questions Questions about NASACT’s fi nancial management, from the NASACT agency leaders should webinars may be directed to Anna use of digital technologies to consider to help accelerate their Peniston (apeniston@nasact. complex algorithms to machine digital transformation. Lastly, take org) or Pat Hackney (phackney@ learning. a look at how specifi c technologies nasact.org). Anna and Pat may also be reached at (859) 276-1147. Join NASACT for a discussion like artifi cial intelligence coupled of current digital trends shaping with analytics are helping to Registration is available now at government fi nancial management transform the audit of the future. www.nasact.org. and key fi ndings from the Cost: $299 for groups (unlimited Deloitte-NASACT 2015 Digital attendance) and $50 for Transformation survey. Th e individuals.

ARCHIVED WEBINARS: FREE TO MEMBERS!  NASACT’s webinars are offered in conjunction with the Association of Government Accountants and the Association of Local Government Auditors. Archived webinars that are over 180 days old are available free of charge for members. To see the list of available free webinars, go to www.nasact.org/webinar_recordings (members only content—you must be logged in to view the webinars).

STATE TREASURERS HOLD ANNUAL CONFERENCE IN NASHVILLE Th e National Association of • Past president: David H. • Harlan E. Boyles/Edward T. State Treasurers held its annual Lillard, Jr., state treasurer, Alter Distinguished Service conference on October 17-21 in Tennessee Award: David H. Lillard, Jr. Nasvhille, Tennessee. • Southern region vice • Lucille Maurer Award: Th e conference was hosted by president: Lynn Fitch, state James B. Lewis, former state NAST President David H. Lillard, treasurer, Mississippi treasurer of New Mexico Jr., state treasurer of Tennessee. • Western region vice president: • NAST’s Corporate Affi liate Th e conference enjoyed record Jeff DeWit, state treasurer, Award: Andrea Feirstein attendance. Arizona Th e next NAST annual conference At the conference, NAST • Eastern region vice president: will be held September 10-14, members elected a new Executive Deborah B. Goldberg, state 2016, in Seattle, Washington, and Committee for 2015-16: treasurer, Massachusetts will be hosted by NAST President • President: James L. McIntire, • Midwest region vice McIntire. state treasurer, Washington president: Kelly Schmidt, state For more information about • Senior vice president: Ken treasurer, North Dakota NAST’s conferences and activities, Miller, state treasurer, NAST’s 2015 award winners were visit www.nast.org. Oklahoma also announced: • Secretary-treasurer: Beth • Jesse M. Unruh Award: Pearce, state treasurer, Richard K. Ellis, then-state Vermont treasurer of Utah

NASACT News | November 2015 7 GASB NOTES

POST-IMPLEMENTATION REVIEW CONCLUDES GASB STANDARDS ON NONEXCHANGE TRANSACTIONS ACHIEVE THEIR PURPOSE

Accounting and fi nancial 1. Statement 33 provided • Th e changes made to fi nancial reporting standards for state and guidance on the and operating practices as a local governments that address reporting period in which result of Statements 33 and nonexchange transactions achieve governments report the 36 were not signifi cant or their purpose, according to a results of nonexchange unexpected. report issued recently by the transactions involving cash • Th ere were no signifi cant Financial Accounting Foundation. and other fi nancial and unanticipated consequences Th e Post-Implementation Review capital resources, and as a result of the application of (PIR) report on Governmental 2. Statement 36 amended Statements 33 and 36. Accounting Standards Board Statement 33 to ensure • Overall, implementation and Statements No. 33, Accounting that provider and and Financial Reporting for ongoing application costs recipient governments associated with Statements 33 Nonexchange Transactions, and symmetrically report the No. 36, Recipient Reporting for and 36 were not signifi cant sharing of portions of and were consistent with both Certain Shared Nonexchange derived tax or imposed Revenues, addresses technical, GASB’s and stakeholders’ nonexchange revenue expectations. operational, and cost-eff ectiveness transactions. aspects of the two statements. • Statements 33 and 36 • Information resulting from Nonexchange transactions achieved their expected the application of Statements benefi ts. are common governmental 33 and 36 provides creditors transactions in which there is and other users of fi nancial Th e PIR team’s review did not no equal exchange of resources, statements with useful result in any standard-setting for example, when a government information. Information process recommendations for the collects annual property taxes about nonexchange revenues GASB. from local residents. is used to: Th e review of Statements 33 GASB Statement 33 was issued 1. Identify various and 36 was undertaken by an in 1998 to guide the accounting nonexchange revenue independent team of the FAF. Th e for nonexchange transactions sources, team’s formal report is available involving fi nancial or capital here. Th e GASB’s response letter to resources. GASB Statement 36 2. Determine whether there the report is available here. was issued in 2000 to amend have been signifi cant With the completion of the Statement 33 to ensure that fl uctuations in amounts review of GASB Statements government-shared nonexchange over time, and 33 and 36, the PIR team will revenues be reported consistently 3. Determine whether the initiate its review of GASB with voluntary or government- nonexchange revenue Statement No. 49, Accounting and mandated nonexchange sources are subject Financial Reporting for Pollution transactions. to restrictions or Remediation Obligations. Th e PIR team received broad- contingencies. Stakeholders who would like based input from GASB • Statements 33 and 36 are the opportunity to participate in stakeholders including auditors, generally understandable upcoming PIRs should register preparers, fi nancial statement (though complex), can be online. users, and academics. Based on applied as intended, and its research, the review team enable information about For more information on the PIR concluded that: nonexchange transactions process, visit the FAF website. • Statements 33 and 36 resolved to be reported reliably. the issues underlying their However, some governments stated needs. In particular, have experienced a level of they achieved the following diffi culty applying some of the objectives: provisions of the Statements.

NASACT News | November 2015 8 CALENDAR

2016

January 20 | Webinar: Digital Transformation in Government VOLUME 35, NUMBER 11 | NOV 2015 February 25 | Webinar: Tips to Help Governments Win the War for Talent March 15 | NASACT Executive Committee Meeting, Salt Lake City, UT R. Kinney Poynter March 16-18 | NASC Annual Conference, Salt Lake City, UT Executive Director April 12-14 | NASACT Middle Management Conference, Austin, TX Cornelia Chebinou Washington Office Director April 27-28 | Tennessee Training Seminars, Chattanooga, TN Glenda Johnson May 2-3 | Tennessee Training Seminars, Nashville, TN Communications Manager May 9-10 | Tennessee Training Seminars, Morristown, TN

National Association of State May 12-13 | Tennessee Training Seminars, Jackson, TN Auditors, Comptrollers and Treasurers June 13-16 | NSAA Annual Conference, Avon, CO Headquarters Office August 14 | NASACT Executive Committee Meeting, Indianapolis, IN 449 Lewis Hargett Circle, Suite 290 August 13-17 | NASACT Annual Conference, Indianapolis, IN Lexington, KY 40503-3590 P (859) 276-1147, F (859) 278-0507 September 20-23 | NSAA IT Workshop & Conference, Phoenix, AZ Washington Office 444 N. Capitol Street, NW, Suite 234 Washington, DC 20001 ANNUAL CONFERENCE LOCATIONS ANNOUNCED THROUGH 2018 P (202) 624-5451, F (202) 624-5473 BY DONNA MALOY, CONFERENCE MANAGER www.nasact.org NASACT’s Centennial Conference was held in Chicago, Illinois, this past August. Th en- President William G. Holland, auditor general of Illinois, presided. Th e conference was a NASACT OFFICERS huge success! Registrants attended a variety of technical sessions and many networking Calvin McKelvogue opportunities with their peers and enjoyed a number of social events highlighting some of President Chicago’s gems. Chief Operating Officer State Accounting Enterprise, Iowa 2016: INDIANAPOLIS, INDIANA David H. Lillard, Jr. Th e 2016 NASACT Annual Conference will be hosted by Paul Joyce, state examiner of Indiana, and his two co-hosts, Auditor of State Suzanne Crouch and State Treasurer Kelly First Vice President Mitchell. NASACT President Calvin McKelvogue, chief operating offi cer of Iowa’s State State Treasurer, Tennessee Accounting Enterprise, will preside. Th e conference will be held August 13-17, 2016, at the Debbie Davenport Marriott Indianapolis Downtown. Second Vice President 2017: NASHVILLE, TENNESSEE Auditor General, Arizona Th e 2017 NASACT Annual Conference will be held in Nashville, Tennessee. Th e dates D. Clark Partridge and hotel have not yet been fi nalized. Th e conference will be hosted by Tennessee State Secretary Treasurer David H. Lillard, Jr., who will be NASACT’s president that year. State Comptroller, Arizona 2018: SALT LAKE CITY, UTAH Beth Pearce Th e 2018 NASACT Annual Conference will be hosted by the principal members in Utah, Treasurer along with Debbie Davenport, auditor general of Arizona, presiding as president. Th e State Treasurer, Vermont conference will be held at the beautiful Grand America Hotel on August 11-15, 2018.

NASACT News is published monthly. To submit articles, photos or ideas, contact Glenda Johnson at [email protected] or (859) 276-1147.

NASACT News | November 2015 9