2017 Annual

State Controller’s Conference

with

County Auditors

Hosted by the

County of San Mateo

Sacramento

P.O. Box 942850 Sacramento, California 94250-5872

(916) 445-2636 Office (916) 322-4404 FAX

Los Angeles

888 South Figueroa Street, Suite 2050 Los Angeles, California 90017

(213) 833-6010 Office (213) 833-6011 FAX

November 1, 2017

Conference Attendees:

On behalf of the County of San Mateo, it is our pleasure to welcome you all to

the 2017 California State Controller's Conference with County Auditors hosted

here in Millbrae within beautiful San Mateo County. We are privileged to be

your host to our 72nd Annual Fall Conference.

San Mateo County is home to 766,000 residents and is affectionately

considered to be “All of California in One County”. The unique spirit of the

County embraces six facets of daily life; it’s our sense of community, culture,

green space, innovation, industry and impressive panoramic landscapes we

call our backyard. From surfing to biking and pumpkin patches to farmers

markets, the County has so much for everyone to enjoy. With an area of about

740 square miles, the County is comprised of twenty cities and towns offering

escapes to water, trails, parks and beaches.

The state-of-the-art San Francisco International Airport and a large part of

Silicon Valley are located in San Mateo County. Several corporate campuses

whose names have spread their influence in modern advancements have

brought distinction to San Mateo County. Household names like Genentech,

Oracle, YouTube, Facebook, Visa and SolarCity, are all recognizable names

across the nation as well as the globe.

As for the Conference, we look forward to engaging with our colleagues while

we all benefit from a well-planned agenda. On your own time, we invite you to

enjoy some of the unique local attractions and after-hour amenities available

nearby in our County.

We are thankful to our sponsors who have been very supportive with their

contributions. We could not host this type of learning experience without their

support.

I also want to thank the San Mateo County and the State Controller’s Office

staff for their great work and determination to get us to the finish line.

Again, we hope to make this experience one that you will always remember as

you become our guests here in San Mateo County.

Best Regards,

Juan Raigoza

Controller

Welcome to the 72nd annual State Controller’s Conference with County Auditors.

Our program this year encompasses a range of timely subjects including banking services for cannabis businesses, comprehensive tax reform, short-term housing rental platforms, updated Governmental Accounting Standards, and transportation funding. This gathering provides a great opportunity to talk directly with accomplished professionals from my team, as well as the California State Association of Counties, State Treasurer’s Office, Governmental Accounting Standards Board, local governments, and the private sector.

Our continued collaboration facilitates accountability and high-quality service to Californians. Thank you to Auditor-Controller Juan Raigoza and the entire San Mateo County staff for hosting this outstanding event. I extend very best wishes for a memorable conference and continued success in the year ahead.

Sincerely,

Betty T. Yee

November 1, 2017

Wednesday, November 1 Legislative Committee

Meeting 8:30am · 9:30am

15 MINUTE BREAK

Accounting Standards and

Procedures Committee

Meeting

9:45am · 10:15am

15 MINUTE BREAK

Executive Committee

Meeting 10:30am · 11:30am

LUNCH

Conference Opens

Welcome & Announcements 1:00pm · 1:15pm

The Honorable

Betty T. Yee

California State Controller

1:15pm · 1:45pm

Comprehensive Tax

Reform in the Golden State:

Pitfalls and Possibilities

Nicole Winger (Moderator)

Jeff Burgh

Christopher Hoene

David Oppenheim

1:45pm · 3:15pm

30 MINUTE BREAK

SACA Legislative Review

Richard Eberle

Matt Siverling

3:45pm · 4:30pm

HOST UPDATES · RECESS

Thursday, November 2

HOST UPDATES

County of San Mateo

Welcome

The Honorable

Don Horsley

President

Board of Supervisors

8:30am · 8:45am

Short-Term Housing

Rental Platforms

Edith Driscoll

James P. Erb

John Naimo

8:45am · 10:15am

15 MINUTE BREAK

Cannabis Banking

Working Group

Nicole Howell Neubert

Timothy J. Schaefer

10:30am · 12:00pm

LUNCH

Financial Transactions

Reporting Awards 1:00pm · 1:30pm

CSAC Legislative Outlook

Dorothy Johnson 1:30pm · 2:00pm

30 MINUTE BREAK

Thursday, November 2 (continued)

Financial Statements Don’t

Tell You Much

About the Future

Russ Branson

2:30pm · 3:30pm

California’s Economic Outlook

Irena Asmundson

3:30pm · 4:15pm

HOST UPDATES · RECESS

Friday, November 3 Leading Conversations That Matter: A Practical

Tool to Improve Meeting Effectiveness

Heidi Kolbe

8:30am · 9:30am

GASB Update

David E. Sundstrom 9:30am · 10:30am

15 MINUTE BREAK

Updates from the California

State Controller’s Office

Division of Audits

Local Government Programs

and Services Division

10:45am · 11:45am

CONFERENCE ADJOURNED

Conference Week at a Glance

County of San Mateo

Juan Raigoza

Auditor-Controller

2017

Annual State Controller’s

Conference with

County Auditors