| Monday, June 12 |
| 10 a.m.-5 p.m. |
Registration |
| 1 p.m. |
The Economic Outlook for the Texas Economy
This session will offer a perspective on the current state of the Texas economy and the factors influencing future growth, including major policy issues. Dr. Ray Perryman will also summarize his projections for key economic indicators as well as the industries and geographic areas likely to lead the way.
Dr. Ray Perryman, President/CEO, The Perryman Group
|
| 2-2:10 p.m. |
Break |
| 2:10-3 p.m. |
Interest rates are up. Do I need to worry about Arbitrage Rebate?
This session will discuss the impact of the rising interest rates on the rebate and yield restriction requirements for issuers of tax-exempt bonds. We will cover the general rebate requirements; some of the calculation basics; discuss the difference between arbitrage rebate and yield restriction; cover some of the exceptions to rebate and review IRS enforcement.
Mr. Brian Helming, Managing Director, Head of Arbitrage Rebate, Hilltop Securities Asset Management, LLC
|
| 3-3:50 p.m. |
SVB, Signature, and Credit Suisse: The What, Why, and How of Bank Failures
This session will examine the recent bank failures and what it means for your county.
Dr. William Chittenden, CTP, Associate Professor of Finance, McCoy College of Business Administration, Texas State University
|
| 3:50-4:10 p.m. |
Break |
| 4:10-5 p.m. |
Evaluating Broker/Client Relationships
Broker/client relationships are discussed to show attendees how brokers work with counties. We will discuss factors pertinent to selecting a broker and will hear tips on controlling the relationship.
Mrs. Amy Perez, Deputy Executive Director, Office of Mgmt & Budget, Harris County
Mr. Stuart Ford, Vice President, Hilltop Securities Asset Management
|
| 5-6:30 p.m. |
Welcome Reception
Here's a great opportunity to network with fellow attendees over beverages and hors d'oeuvres. |
| Tuesday, June 13 |
| 7:30-8 a.m. |
Coffee & Continental Breakfast |
| 7:30 a.m.-3:50 p.m. |
Registration and Information Desk |
| 8-8:50 a.m. |
Working Effectively in County Government and Investment Committee Best Practices
Former county official review the need for building relationships to make your job easier and more effective. Look at the various county government offices and how each affects the others. See how they all must work together to get the job done. A panel will also evaluate an investment committee's effectiveness and simple strategies to increase their usefulness.
Mr. Alan Bristol, County Relations Officer, Texas Association of Counties
Hon. Judge Bradley, Schleicher County Judge
Hon. Renee Couch, Comal County Treasurer
Hon. Tracy Soldan, Kerr County Treasurer
|
| 8:50-9:40 a.m. |
The Banking Structure Built To Serve Your Needs
Banking continues to change and how you structure your bank relationship and accounts can definitively affect you service alternatives and materially impact your earnings potential. This session discusses how to put the best flexible bank account structures in place to serve you in multiple rate environments.
Ms. Linda Patterson, Director of Consulting, Meeder Investment Management
|
| 9:40-10 a.m. |
Break |
| 10-10:50 a.m. |
The Federal Reserve
The session would examine the Federal Reserve, the tools it uses to influence the economy and what it means for you as a county official.
Dr. Holland Toles, Senior Lecturer, McCoy College of Business Administration, Texas State University
|
| 10:50-11:40 a.m. |
Internet Resources for Public Entities
In this session we'll share internet sources relevant to public funds investors. Well show you how to perform broker/dealer background checks, where to find credit ratings data, and share sources for current and historical economic releases and quarterly benchmark data. Participants will learn exactly where to find the knowledge and key information needed to thrive in today's uncertain interest rate environment.
Mr. Greg Warner, Managing Director, Co-Head of Municipal Cash Management, Hilltop Securities Asset Management, LLC
|
| 11:40 a.m.-1 p.m. |
Recognition Luncheon
All conference attendees are invited to this special luncheon honoring those who have pursued excellence in investment education for five, 10, 15, 20 and 25 years. Those who completed the Basics of County Investments Course in 2023 and are new members of TAC's County Investment Academy will also be recognized.
Sponsored by: Texas Regional Bank
|
| 1-1:50 p.m. |
What Are Others Doing That You Are Missing Out On? Choose Your Own Adventure, Eligible Securities Concurrent Breakouts
Hear from subject matter experts and your peers who discuss various security types that are allowed or prohibited by the Public Funds Investment Act.
Sweeps, Other Deposit Products and Money Market Mutual Funds - Breakout #1
Ms. Joanna Caudillo, Executive Director, Sr. Relationship Manager, Texas Capital Bank
Mrs. Amy Perez, Deputy Executive Director, Office of Mgmt & Budget, Harris County
Certificates of Deposits - Breakout #2
Mr. Samuel Vaughan, Associate Financial Advisor, Ameriprise Financial Services, LLC
Mr. Carlos Pereda, Dimmit County Auditor
Local Government Investment Pools - Breakout #3
Mr. Zach Brewer, Director of Investment Services, Texas CLASS
Hon. Tambra Kile, Ochiltree County Treasurer
|
| 1:50-2:10 p.m. |
Break |
| 2:10-3 p.m. |
What Are Others Doing That You Are Missing Out On? Choose Your Own Adventure, Eligible Securities Concurrent Breakouts
Hear from subject matter experts and your peers who discuss various security types that are allowed or prohibited by the Public Funds Investment Act.
US Treasury Notes - Breakout #1
Mr. Greg Warner, Managing Director, Co-Head of Municipal Cash Management, Hilltop Securities Asset Management, LLC
Hon. Scott Heselmeyer, Williamson County Treasurer
US Government Agencies - Breakout #2
Ms. Linda Patterson, Director of Consulting, Meeder Investment Management, Patterson & Associates
Hon. Tracy Soldan, Kerr County Treasurer
Municipal Bonds - Breakout #3
Ms. Kathryn Perry, Senior Vice President, Raymond James
Hon. Renee Couch, Comal County Treasurer
|
| 3-3:10 p.m. |
Transition Break |
| 3:10-4 p.m. |
Roundtables by Portfolio Size
Here's a great opportunity to discuss with your peers timely topics in county investments. Take advantage of this guided discussion to learn what other counties of similar portfolio size are doing and share your ideas. |
| Wednesday, June 14 |
| 7:30-8 a.m. |
Coffee & Continental Breakfast |
| 7:30-11:40 a.m. |
Registration and Information Desk |
| 8-8:50 a.m. |
Investing in ARPA Funds
Effectively investing ARPA funds before they are spent can impact County budgets because all interest earned on these funds can be used to support the general operations of County governments. Discover practical strategies and best practices for local governments to maximize the impact of their ARPA funds through smart and strategic investments.
Mr. Garrett Macdonald, CTP, FPAC, Senior Vice President three+one
|
| 8:50-9:40 a.m. |
Economic Update
Hear the latest on the economy and what important events are on the horizon.
Dr. William Chittenden, CTP, Associate Professor of Finance, McCoy College of Business Administration, Texas State University
|
| 9:40-10 a.m. |
Break |
| 10-10:50 a.m. |
Confronting the Global Cyber Storm
This session will include a look into the global cyber threat facing America, along with what Russia has/is doing against Ukraine in that conflict in the cyber domain. Then we will talk about what we are doing at Texas Capital Bank to confront the cyber threats and then conclude with what everyone can do to protect themselves.
Mr. Steve French, Executive Director of Cyber Operations & Risk Management and InfoSec Chief Operating Officer, Texas Capital Bank
|
| 10:50-11:40 a.m. |
Public Funds Investing: The Final Challenge
Come prepared to use your knowledge of public funds investing with this interactive quiz game. Bring your A-game to compete in multiple choice questions that are designed to test your knowledge on what was presented the last day and a half. Questions will also cover investment risks, controls and compliance with the Public Funds Investment Act. In addition to bragging rights, the top three winners will receive cool prizes.
Mr. Samuel Vaughan, Associate Financial Advisor, Ameriprise Financial Services, LLC
|
| 11:40 a.m. |
Closing Remarks and Adjourn |