PFIACompliance Information and TML Training for City Officials

The Texas Municipal LeaguePublic Funds Investment

Act (PFIA) Workshops

GALVESTONTHURSDAY AND FRIDAY, SEPTEMBER 3-4, 2009

SAN ANTONIOTHURSDAY AND FRIDAY, DECEMBER 3-4, 2009

DESOTO (for small cities, population 15,000 and under)

THURSDAY AND FRIDAY, MARCH 4-5, 2010

PFIA ONLINE TRAININGMembers who choose the onlineoption may enroll at any time andwill have a full 90 days from thedate of enrollment to complete

the course.

WORKSHOP

TMLSERIES 2009

-10

Three Dates to Choose From!

GALVESTON THURSDAY AND FRIDAY, SEPTEMBER 3-4, 2009Thursday: 8:00 a.m. – 5:00 p.m. and Friday: 8:00 a.m. – NoonMoody Gardens Hotel (www.moodygardenshotel.com)Seven Hope Boulevard, GalvestonPlease call the hotel directly at 409-741-8484 or 888-388-8484 and refer tothe TML PFIA room block in order to receive the group rate. A guest roomrate of $139 (single/double) will be available until August 12, 2009, or untilthe block is full.

SAN ANTONIO THURSDAY AND FRIDAY, DECEMBER 3-4, 2009Thursday: 8:00 a.m. – 5:00 p.m. and Friday: 8:00 a.m. – NoonHyatt Regency Hotel on the Riverwalk (www.sanantonioregency.hyatt.com)123 Losoya Street, San AntonioPlease call the hotel directly at 210-222-1234 or 800-233-1234 and refer tothe TML PFIA room block for room reservations. A guest room rate of $139(single/double) will be available until November 11, 2009, or until the block isfull ($23 self-parking and $30 valet; check with hotel for prevailing rates).Parking lots in the area may be available at lower rates.

DESOTO (for small cities, population 15,000 and under)THURSDAY AND FRIDAY, MARCH 4-5, 2010Thursday: 8:00 a.m. – 5:00 p.m. and Friday: 8:00 a.m. – NoonMCM Grande Hotel (www.mcmgrandedesoto.com)1515 N. IH-35 East, DeSotoPlease call the hotel directly at 972-224-9100 or 800-758-7672 and refer tothe TML PFIA room block in order to receive the group rate. A guest roomrate of $79 (single/double) will be available until February 17, 2010, or untilthe block is full.

If these dates are not convenient, please read about “PFIA Online Training” inthe column on the left.

TML Has Designed PublicFunds Investment Act

Training to Fit All Your Needs

The Public Funds Investment Act governs theinvestment 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 thetreasurer is not the chief financial officer),and the investment officer must attend atleast one training session, ten hours inlength, within 12 months after taking officeand must take ten hours of instruction everytwo years.

The TML workshops and online training meetthe training requirements under state law andare designed for beginners and professionals,including elected and appointed city officials,with little expertise in managing investmentportfolios.

The PFIA workshop for small cities providesall the necessary information, but with afocus on the special needs of cities with populations of 15,000 and less.

PFIA ONLINE TRAINING TML partners with Virtual Learning Concepts(VLC) to offer the Public Funds InvestmentAct (PFIA) training online for TML members.This online course is the equivalent of the full ten hours of training, but it allows a participant to certify from the comfort ofhome or office. All material needed to complete the PFIA-Online course is includedwithin the course. No additional books orother material is required. Members whochoose the online option may enroll at anytime and will have a full 90 days from thedate of enrollment to complete the course.Testing will take place as sections of the material are completed. A certificate can begenerated after all materials are completed.For more information, visit www.virtuallearningconcepts.com. To obtain a discount certificate for this training, visit www.tml.org, click on “Conferences/Education,” and then click on“PFIA Online Investment Training.”

PFIA

WORKSHOP

TML

WHAT IS INCLUDED IN THE TML COURSE?Your registration fee includes a TML Public Funds Investment ActHandbook and handouts on CD, a working lunch on Thursday, acontinental breakfast on Friday, and refreshment breaks. Yourhandout packet also includes a sample investment policy for youto take home and modify for your city’s particular needs, as wellas a sample resolution to use in adopting your policy.

YOU WILL LEARN ABOUT:An Overview of the Public Funds Investment ActThe Legislative Perspective and History of the ActImplementing an Investment ProgramRisks and How to Control ThemBalancing the Basics of an Investment PolicyDeveloping an Investment Strategy for Your CityEconomic IndicatorsDepository Contracts and CollateralAuthorized Investments Including Pools

WHO WILL PRESENT THE TRAINING AT THE THREE WORKSHOPS?Linda Patterson, President, Patterson and Associates, AustinBennett Sandlin, General Counsel, Texas Municipal League, AustinTito Villegas, Controller, Texas Municipal League Intergovernmental Risk Pool, Austin

ONE-ON-ONE WITH LINDA PATTERSON, PATTERSON AND ASSOCIATES, and BENNETT SANDLIN, GENERAL COUNSEL,TEXAS MUNICIPAL LEAGUE

On Thursday, Bennett and Linda will be available for brief individual consultations. Due to the number of participants, theywill not be able to meet with everyone, but they will visit with asmany people as possible. Be prepared with specific questions youwould like to have addressed. A sign-up sheet will be available atthe registration desk.

PREREQUISITESNo prerequisites are required to attend the TML PFIA Workshop.

WHAT DO I NEED TO DO NOW?To comply with state law regarding the investment of publicfunds, you should identify who from your city needs to attend aTML PFIA training program. Remember, the law requires the investment officer, chief financial officer (if the treasurer is not thechief financial officer), and treasurer to attend training. In somecities, the same person holds all three positions; in others, the positions are held by different individuals.

WHAT DO I NEED TO DO AFTER I COMPLETE THE TRAINING?After completing the TML PFIA training, you should adoptan investment policy for your city. As part of the TML PFIAtraining, you will receive a sample resolution to help youwith this compliance. You will also receive a sample investment policy that you can modify for your city’s particular needs.

CONTINUING EDUCATION CREDITAn 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 PFIAtraining. For more information about the TMLI program,visit www.tml.org and click on “Training,” or call 512-231-7400.

RENTAL CAR INFORMATION (TWO CHOICES)Enterprise Corporate Class discounts are available atwww.enterprise.com. Under “Optional,” enter the CorporateClass number Y21222 and then hit “Search.” Enter TEX forthe company name. You may also call 800-736-8222 tomake a reservation.

AVIS discounts are available at www.avis.com, or by calling800-331-1600. 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 theworkshop. PLEASE REMEMBER TO BRING YOUR BADGETO THE WORKSHOP.

SPECIAL ACCOMMODATIONSPlease let us know on the registration form if you need special accommodations of any kind.

QUESTIONSPlease contact us at 512-231-7400 or pfi@tml.org if you have any questions.

Compliance Information and TML Training for City Officials

SERIES 2009

-10

The Texas Municipal LeaguePublic Funds Investment Act (PFIA) Workshops

Registration Information

September 3-4, 2009 – Galveston December 3-4, 2009 – San AntonioMarch 4-5, 2010 – DeSoto (for small cities, population 15,000 and under)

THREE WAYS TO REGISTER: (Your registration will not be processed until payment is received.)

Please choose one location and check the appropriate fee:o September 3-4, 2009 – Galveston _______$175 (by August 12) _______$215 (after August 12)o December 3-4, 2009 – San Antonio _______$175 (by November 11) _______$215 (after November 11)o March 4-5, 2010 – DeSoto _______$175 (by February 17) _______$215 (after February 17)

(The workshop in DeSoto is for small cities, population 15,000 and under)

Your registration fee includes a TML Public Funds Investment Act Handbook and handouts on CD, a working lunch on Thursday, acontinental breakfast on Friday, and refreshment breaks.

Confirmations/Badges: Workshop confirmations and badges will be mailed in advance. Name badges are required for admittance to theworkshop. PLEASE REMEMBER TO BRING YOUR BADGE TO THE WORKSHOP.

Cancellation and Substitution Policy: If you are registered and cannot attend, we encourage you to send a substitute. If you cannot senda substitute, a $45 registration cancellation fee will be assessed if written cancellation is received before August 12 for the workshop inGalveston, before November 11 for the meeting in San Antonio, and before February 17 for the workshop in DeSoto.

Questions: Please contact us at 512-231-7400 or pfi@tml.org if you have any questions.

Please type or print below. You may copy this form as needed for additional registrations.

Full Name: ____________________________________________Badge Name: __________________________________________

Title:______________________________________________________________________________________________________

City/Organization: ___________________________________________________________________________________________

Address:___________________________________________________________________________________________________

City: ______________________________________State: ________________________ Zip: ______________________________

Phone:___________________________________________________ Fax: _____________________________________________

E-mail: ____________________________________________________________________________________________________

I require the following special accommodations: ____________________________________________________________________

TML 2009-2010 PFIA Workshops

CREDIT CARD PAYMENTS:

o MasterCard o Visa o Am Ex o Discover

Cardholder's Name (Please Print)____________________________________________________

Acct #________________________________________________________________________

Signature______________________________________________________________________

Exp. Date______________________________________________________ _____________________

FOR TML OFFICE USE ONLY:Business Check__________________________________ $____________________________

Personal Check__________________________________ $____________________________

Total $____________________________

Batch No.__________________________

Id #_______________________________

(1) Register online with credit card at: (2) Fax this form with credit card (3) Mail this form with payment to:www.tml.org (click on “Training”) payment to: TML Administrative Services

512-231-7495 1821 Rutherford Lane, Suite 400Austin, TX 78754-5128