Public Funds Investment Act (PFIA) Workshops
Thursday and Friday, August 14-15, 2008
Thursday and Friday, December 4-5, 2008
Thursday and Friday, March 5-6, 2009
Members who choose the online option may enroll at any time and will have a full 90 days from the date of enrollment to complete the course.
Three Dates to Choose From!
THURSDAY AND FRIDAY, AUGUST 14-15, 2008
Thursday: 9:00 a.m. – 5:00 p.m. and Friday: 8:00 – 11:30 a.m.
Radisson Austin North
6000 Middle Fiskville Road, Austin, Texas 78752
Please call the hotel directly at 512-451-5757 or 800-333-3333 and refer to the TML PFIA
room block in order to receive the group rate. A guest room rate of
$99 single/$109 double will be available until
July 30, 2008, or until the block is full.
THURSDAY AND FRIDAY, DECEMBER 4-5, 2008
Thursday: 9:00 a.m. – 5:00 p.m. and Friday: 8:00 – 11:30 a.m.
The La Quinta Inn and Suites Conference Center
4431 Horizon Hill, San Antonio, Texas
Please call the hotel directly at 210-525-8090 or 800-531-5900 and refer to
the TML PFIA room block for room reservations.
A guest room rate of $100 (single/double) will be available until
November 12, 2008, or until the block is full.
THURSDAY AND FRIDAY, MARCH 5-6, 2009
Thursday: 9:00 a.m. – 5:00 p.m. and Friday: 8:00 – 11:30 a.m.
Hilton Garden Inn Lewisville
785 SH 121 Bypass, Lewisville, Texas
Please call the hotel directly at 972-459-4600 and refer to the TML PFIA room block in order to receive the group rate or visit www.dallaslewisville.stayhgi.com and enter group code TMLTS. A guest room rate of $99 (single/double) will be available until
February 19, 2009, or until the block is full.
Your registration fee includes the TML Public Funds Investment Law Handbook on CD, handouts, a certificate upon completion, lunch on Thursday, a continental breakfast on Friday, and refreshment breaks. Your handout packet also includes a sample investment policy for you to take home and modify for your city’s particular needs, as well as a sample resolution to use in adopting your policy.
You will learn about:
- Overview of the Public Funds Investment Act
- The Legislative Perspective and History of the Act
- Implementing an Investment Program
- Risks and How to Control Them
- Balancing the Basics of an Investment Policy
- Developing an Investment Strategy for Your City
- Economic Indicators
- Depository Contracts and Collateral
- Authorized Investments Including Pools
Bennett Sandlin, General Counsel, Texas Municipal League, Austin
Tito Villegas, Controller, Texas Municipal League Intergovernmental Risk Pool, Austin
To comply with state law regarding the investment of public funds, you should identify who from your city needs to attend a TML PFIA training program. Remember, the law requires the investment officer, chief financial officer (if the treasurer is not the chief financial officer), and treasurer to attend training. In some cities, the same person holds all three positions; in others, the positions are held by different individuals.
After completing the TML PFIA training, you should adopt an investment policy for your city. As part of the TML PFIA training, you will receive a sample resolution to help you with this compliance. You will also receive a sample investment policy that you can modify for your city’s particular needs.
REGISTRATION FEES
- August 14-15, 2008 – Austin
- $175 (by July 30)
- $215 (after July 30)
- December 4-5, 2008 – San Antonio
- $175 (by November 12)
- $215 (after November 12)
- March 5-6, 2009 – Lewisville
- $175 (by February 19)
- $215 (after February 19)
Your registration fee includes the TML Public Funds Investment Law Handbook on CD, handouts, a certificate upon completion, lunch on Thursday, a continental breakfast on Friday, and refreshment breaks.
CANCELLATION AND SUBSTITUTION POLICY
If you are registered and cannot attend, we encourage you to send a substitute. If you cannot send a substitute, a $45 registration cancellation fee will be assessed if written cancellation is received before July 30 for the workshop in Austin, before November 12 for the meeting in San Antonio, and before February 19 for the workshop in Lewisville.
CONTINUING EDUCATION CREDIT
An application has been approved by the State Board of Accountancy for CPE credit for attending the PFIA Workshop. Also, elected officials (mayors and councilmembers) can earn up to ten Texas Municipal League Institute (TMLI) credits for completing the PFIA training. For more information about the TMLI program, visit www.tml.org and click on “Conferences/Education,” or call 512-231-7400.
RENTAL CAR INFORMATION (Two Choices)
Enterprise Corporate Class discounts are available at www.enterprise.com. Under “Optional,” enter the Corporate Class number Y21222 and then hit “Search.” Enter TEX for the company name. You may also call 800-736-8222 to make a reservation.
AVIS discounts are available at www.avis.com, or by calling 800-331-1600. Your Avis Worldwide Discount (AWD) Number is J867208.
CONFIRMATIONS/BADGES
Workshop confirmations and badges will be mailed in advance. Name badges are required for admittance to the workshop. PLEASE REMEMBER TO BRING YOUR BADGE TO THE WORKSHOP.
SPECIAL ACCOMMODATIONS
Please let us know on the registration form if you need special accommodations of any kind.
QUESTIONS
Please call us at 512-231-7400, or e-mail pfi@tml.org, if you have any questions.
The Public Funds Investment Act (PFIA) governs the investment of government funds in Texas. Under this law, specific parameters are set for Texas cities, requiring them to adopt an investment policy and to designate an investment officer who is required to attend an approved training course.
The treasurer, the chief financial officer (if the treasurer is not the chief financial officer), and the investment officer must attend at least one training session, ten hours in length, within 12 months after taking office and must take ten hours of instruction every two years.
The TML workshops and online training meet the training requirements under state law and are designed for beginners and professionals, including elected and appointed city officials, with little expertise in managing investment portfolios.
PFIA workshop for small cities in Lewisville
The PFIA workshop for small cities provides all the necessary information, but with a focus on the special needs of cities with populations of 15,000 and less.
PFIA ONLINE TRAINING
TML has formed a partnership with Virtual Learning Concepts (VLC) to offer the Public Funds Investment Act (PFIA) training online for TML members. This online course is the equivalent of the full ten hours of training, but allows a participant to certify from the comfort of home or office. All material needed to complete the PFIA-Online course is included within the course. No additional books or other material is required. Members who choose the online option may enroll at any time and will have a full 90 days from the date of enrollment to complete the course. Testing will take place as sections of the material are completed. A certificate can be generated after all materials are completed. Read more....
TML is offering a $25 discount coupon to all TML members who take PFIA-Online. TML members can receive a unique $25 discount code and then register for the Virtual Learning Concepts PFI course for $250. To receive your discount code, you will need to log in with your TML username and password. If you already have your coupon and wish to register for PFIA-Online, click here.
Visit VLC's Web site.
FYI (Online Option Only)
- When you arrive at the Virtual Learning Concepts page, scroll to the bottom of the page and click on the Add to Shopping Cart icon to go to a page where you will be allowed to enter the TML coupon code and receive your discount. When you have purchased your course, you will then need to enter your personal information on that web site so you can save your progress in the course over the ninety day period.
- VLC has developed a new Block Unit option for cities that require training for three or more staff members! The Block Unit is designed to give you a significant savings over purchasing numerous courses individually. You may now purchase block units of training at a discount and have up to 365 days to complete the training. Visit www.virtuallearningconcepts.com or call Virtual Learning Concepts at 1-877-337-0673 for additional information about this economical option.
- Register online for the Austin PFIA Workshop now.
- Register online for the San Antonio PFIA Workshop now.
- Register online for the Lewisville PFIA Workshop now.
- Register for the PFIA-Online Workshop now.
- Download and fax a .pdf registration form to 512-231-7495.
- Mail the
.pdf version of the registration form to:
TML Administrative Services
1821 Rutherford Lane, Suite 400
Austin, TX 78754-5128