KernCountySuperintendent
of Schools
Understanding
& ManagingDebtWorkshop
Thursday,November6, 2Ot4
8:30a.m.
LarryE.ReiderBuilding
2000K Street
Conference
Room101
8 : 3 0 W e l c o maen dI n t r o d u c t i o n s . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . MBaar yr l o w
KernCoSuperintendent
of Schools
8:35 Treasurer
TaxCollector
Role
Updateon legislation
affecting
Bondlssuances................Jordan
Kaufman
KernCoTreasurer
TaxCollector
Elect
8:45 TheSecurities
andExchange
Commission's
Municipa
litiesContinuing
Disclosure
Cooperation
("MCDC")....
lnitiative
9:30 Muni-Advisor
Ro|e.............
L0:15Understanding
Conflict
of lnterest..
LoriRaineri
Government
FinanciaI Strategies
.................Dave
Sanchez
LawOfficesof DaveA. Sanchez
....................Dave
Sanchez
LawOfficesof DaveA. Sanchez
10:45Break
10:50DebtManagement
Toolkit......
.........Mark
Fulmer
BillHornback
KernCoSuperintendent
of schools
11:15KernTax
Process
andContact
Info..............
.........Jim
Varley
KernCoSuperintendent
of Schools
11:30Bond"Flavor
of the Month".......
L1:45Closing
Remarks...
.....Lori
Raineri
Government
Fina
nciaI Strategies
........John
VonFlue
KernCoSuperintendent
of Schools
SpeakerBiographies
Mary C. Barlow,Ed.D.
ManyBanlowsenvesas AssociateSuperintendent
fonthe KennCountySupenintendent
of Schools
Office. Mary has oventw-entyyeansexperiencein education.As supeiint6ndent,she successfully
securedvoter approvalof two bond issues,modernizedall district ichools and constructeda new
middleschool.Mary joinedKCSOSin 2OOg as FCMAT'sDeputyAdministrativeOfficen.In rhis role
Manydirectedthe implementationand openationof FCMAT'sfiical and managementassistanceto
schooldistricts,county-offices
of education,chartenschoolsand communitycollegesthr-oughout
the state. Since2O12 Manyhas senvedas KCSOSAssistantSuper-intendenl
of Administratlon,
Finance& Accountability,
wheneshe has had a tnemendous
impacton the internalopenations
of
the BusinessOfficeand on senvicesto schooldistrictsthr"oughDistr.ictAdvisory. Manyholdsan
Ed.D.in_Onganizational
L_eadenship
and a MA in Educational
Managementfrom the Unrversity
of La
Verne.She earnedhen Bachelondegreein Psychology
fnom Cal State UniversityBakersfield.Mark A. FulmerEd.D.
Finance,and Accountability
[Retined]
QgprtySuperintendent Administr.ation,
Officeof the KennCountySuperintendent
of Schools
- Administnation,
Dr. Fulmerretiredin 2012 as DeputySupenintendent
Finance,and
Accountability
whenehe ovensawthe Divisionof Administnation
and Financeand the Divisionof
Cunriculum
and Instnuction.
While in this positionhe managedthe internalfinancialopenations
fon
the KennCountySupenintendent
of schools,and pnovidedbusinessservicesand ovensightfor"Ker-n
pounlVschooldistricts.He alsosupenvised
the cunniculum
development
and supportprognams,
includingState and Federalcategoricalprograms,and Sbateand Fedenalacaderiricabcountability
pnogramsservingschooldistnictsin Kern County.He curnentlysenvesKCSOSas a member"of the
Debt AdvisorySenvices
Team.
Previously
Dn. Fulmerservedas AssistantSupenintendent
fon Administnative
and Business
Senvices
fonVisaliaUnified,a distnictwith oven34,OOOK-Adult,SaugusUnion,a K-8 distnictof
9,OOO,and SangenUnified,a K-12 districtwithoven8,OO0studenta.While servingthese
districtshe managedall businessopenationsand implementedDistnictFacilitiesMasrcr Plans
managingconstructionof new schools,schooladditionsand modennization
pr.ojects- projectswith
an aggregatevalueof more than $25O,OOO,OOO.
Mark alsomanagedpupilpersonneland specialeducationprogramsfon KingsCanyonUnified,
SangerUnifiedand the Kern CountySupenintendent
of Schools.
Otherpnofessional
activitiesincludeteachingfonthe Universityof San Fnanciscoand FnesnoPacific
Univensity
in Manniageand FamilyTherapyand SchoolPsychology
Pnognams.Ear.lien
he workedfon
the Califonnia
State Depantmentof Healthat StocktonState Hosoital.
In additionhe has wonkedcloselywith the UnitedState Environmental
ProtectionAgencyon
pnojectsand been a pnesenten
fon the US EPAon IndoorAin Guality.He servedin the United
StatesArmy and was a member of the Califonnia
AnmyNabionalGuandfon eight years.
He earnedCBOcertificationthnoughthe CASBO,/FCMAT
ChiefBusinessOfficialtnainingPnognam,
He holdsan Ed. D. in CounselingPsychology
and an MA in Psychology
from the Univensity
of the
Pacific.He earnedhis BA degreein Psychology
from the Univensity
of Califonnia,
Berkeleyand an
AA degneein SocialSciencefnomCollegeof the Sequoias.
(cont.J
SpeakerBiographies
Bill Hornback
AttorneyBillHornbackjoinedthe BusinessPnacticeGnoupat SchoolsLegalServicein 1gg6,
bningingwith him seventeenyeansof extensiv_e
expenience
as a civillitigaibnwith an emphasison
contractand constructionlitigation.The McGeorgeSchoolof Law graluate pnovidesciitical
businessand constnuctionlaw support to SLSclients,and in the process,has revampedthe
publicworks bid packageand the selectionpnocessand contnactsfor-anchitectsand constnuctron
man_agens.
Bill is also a statewideauthonityorl chanterschools,r.egularly
wonkingwith clientsand
the FiscalCnisis& ManagementAssistanceTeam IFCMAT]on tho-seisdues.Bilialso provides
comprehensive
trainingon competitive
bidding,publicnecordsand other business-related
issues. He is a member of the CaliforniaStafe Bar, Kern CountyBar Associationand Califonnia
Councilof SchoolAttornevs.
Jordan Kaufman
In June, JondanKaufmanwas electedby the citizensof KennCountyto be the next Treasunerand
Tax Collector.Jordan has wonkedfon the Countyof Kennfonthe past 1 I yeans. SincePOOB,
Jordan has heldthe_position
of the AssistantTr6asurer,/TaxColldctoroveiseeingthe dayto day
operations
of the $2.4 billionCountyTreasunyInvestment
Pooland annualcollec-tion
of over$1.O
billionin^localpnopertytaxes.Pniorto 2OO6,the majonityof his time with the Countywas in the
Officein the Budgetand Finanie Divisionas a budgetanalystdnd debt
9ountyAdministnative
financeadministraton.
. JordanperfonmEdbudgetand policyanalysisfon iarious bounty
depantments
and was involved
in the issuance-of
vanious
ty-pesof municipalbondsincluding
Certificatesof ParticipationICOPs),Tax and RevenueAntiiipationNotes'ITRANsJ,
LeaseR-evenue
bondsand PensionObligation
BondsIPOBsJ.He is cunnentiy
the Chainman
of the statewide
CACTTC
SchoolFinanceCommittee,Vice Chainmanof the UnitedWay of Kern County,Eneasurer
of BSATraop 442, and altennateboard membenon the Kern CountyEmployees
Retirement
Ass-ociation
of Sciencedegneein IndusdrialTechnology
[KCERA).Jondanhas a Bachelon
fnomthe
Califonnia
State Polyuechnic
Universityat San Luis ObispotCalPolyland he has livedin'6aker-sfield
fon 19 yeanswith his wife and four.childr-en.
Lori Raineri
Lori Flaineni
is a CentifiedIndependentPublicFinanceAdvisonand a CentifiedFraudExaminer.Lori
cul'n_ently
senveson the Board of Directonsfor"the Collabonative
for High PerfonmanceSchoolsand
the Califonnia
Leagueof Bond OversightCommittees,and is a past Board Membenof the National
Association
of Independent
PublicFinanceAdvisor"s.
Lori has developed
long-nange
capital
plansfor hundredsof publicagenciesand is wellknownfoi her aUitity
fina.ncingin financialanalysis
and publicspeaking.Becently,Lonihas been a speakerfon severalCalifonnia
statewide
associations,notablythe CountyTneasuren-Tax
Collectons,
the CountyAuditor-Contnollers
and
SchoolBusinessOfficials.
The focusof eachof these presentations
has beenthe princioles
of debt
fina.ncing,
includingnumenouscase studiesthat demonstnatethe valueof best pnActicesand
ethics.
Duringhencareen,Lonihas beenpersonally
involved
in the planningand structuringof wellover
sevenbilliondollansof financing.At the age of 26, LonifoundedGovennment
FinancialStnategies
aftenhavingwonkedas an investmentbanken.Loniis the authonof monethan two dozenarticles
and publications
and is in highdemandas a publicspeaker.Lonineceived
her B.A. in Philosophy
fnomthe Univensity
of Califonnia,
Berkeleyand neceived
henM.S. in Financial
Analysisfrom the
Univensity
of San Fnancisco.Lonidemonstnatedhen intenestin governmentearlyih life, senvingas
the studentSchoolBoard Membenfonthe SantaClar"aUnifiedSchoolDistrict,and was thnilledto
be inductedintothe SantaClanaUnifiedSchoolDistnictHallof Famein 2O11.
SpeakerBiographies(cont.J
DaveA. Sanchez
The Law Officesof DaveA. Sanchezoffers governmentalissuensand municipaladvisor-s
costeffectivelegalexpertiserelatedto debt transactions,regulatorycomplianceinatters, and
disclosune
practices. Davewas an Attorney-Fellow
in the Officeof M'unicipal
Secur-iiles
at the
UnitedStatesSecunities
and Exchange
Commission
from 201O-2O13. Duningthis time, Mr.
Qanchezwas a pnincipaldrafberof both the finalMunicipalAdvisor.rule and thE 2O12 Commission
Reporton the State of the MunicipalSecuritiesManketthat set fonththe Commission's
viewsand
expectations
on municipalsecuritiesdisclosune
practices. He is also a formenAdiunctPnofessor
at the GeorgetownLaw Centenwhenehe taught "TheSecuritiesLaw of PublicFinance."Pniorto
openingThe Law Officesof DaveA. Sanchez,Mn. Sanchezwas GenenalCounselfon the brokendealenDe La Rosa& Co. whenehe handledall negulatony
compliance
legalmatters. He has oven
tl/elty y-eans
of p_ublic
financeexpenience
repnesenting
municipalissuensand negulatedentitiesat
the law firms of Omick,Hernington& Sutcliffeand SidleyAustin as well as for the Ciryof San
Franciscoand FinancialSecunityAssurance. Mr. Sanchezreceivedhis undergnaduafe
oegree
from the universityof New Mexicoand his law degneefrom HanvandLaw school.
Jim Vanley
James W, Vanleyyronkedneanly25 yeansin officeof the Kern CountySupenintendent
of Schools
as administrator',
Divisionof Communications.
His nesponsibilities
inciudedthe dailyopenation
of
the officetelevision
station,graphics,web team, pninting
and communications,
whjchincluded
wonkingdailywith local,state and sometimesnationalnews onganizations.
Befoneloiningthe
countysuperintendenthe spent two decadesin news first as a neponten
and latenas a ienion
editor'.
He cunnently
nepresentsthe KennCountySuperintendent
of Schoolsand K-12 schooldistrictson
the KennCountyTaxpayersAssociationboar.dof directors.
John Von Flue
John Von Fluecurrentlysenvesas AssistantSupenintendent
of FiscalServicesfor the Kern County
Supenintendent
of Schools.Mr. Von Fluehas 25 yeansof privateand publicsectonexperience
ina vaniety
of management,openations,
and businessroles. Priorto his current position,John
senvedas a FiscalIntenvention
Specialistwith FCMATwhenehe led multi-yean
financialpnojection,
organizational
stnucture,internalbusinessopenationsand ancillany
programs studiesin distr.icts
and countyofficesof educationthnoughoutthe state. John also senvedas Assistant
Superintendent
of Businessand Pensonnel
for the LamontSchoolDistrict and held management
positionsin the conponatesector. He holdsa Bachelorsdegreein Economicsfrom Univeisityof
Califonnia,
San Diegoand an MBA from CaliforniaState Univensity,
Bakersfield.Mr. Von Fluealso
holdspanticipation
and mentor centificatesfnomthe FCMAT,/CCSESA/BASC
/CASBO/SSCCBO
Mentor Pnogramand the CASHFacilitiesLeadershipAcademy.