Tuesday, March 22, 2011
7:00AM   Breakfast Buffet/Registration Opens/Exhibit Hall Opens
8:15AM   Opening Prayer
Angelo Lavato, Spiritual Leader, Pala Band of Mission Indians
8:20AM   NAFOA Welcoming Remarks
Bill Lomax, President, NAFOA
Tashina Etter, Deputy Executive Director, NAFOA
8:50AM   Opening Remarks: Conference Co-Chairs
Dawson Her Many Horses, Vice President - Global Commercial Banking, Bank of America Merrill Lynch
Steve Stallings, SVP/Director, Native American Banking Services, Wells Fargo
9:00-9:45AM   Opening Keynote Address:
T. Boone Pickens, Renowned financier, clean energy advocate and New York Times best-selling author
9:45-10:15AM   Keynote Address:
Tracey LeBeau, Director, Office of Indian Energy Policy and Programs, U.S. Department of Energy
10:15-10:30AM   GASAC Update
Ryan Claw, Treasurer, NAFOA
10:30-NOON   General Session: The State of Tribal Economies
While we've been hearing a blame game aimed at many Tribes for their struggles to make seamless debt service payments throughout a down economy, the singling out of Tribes has lacked perspective and comparison to other businesses and government entities. A closer examination reveals that, in fact, Tribes find themselves in the same boat as much of the nation.
• Why are some Tribes in financial trouble, and how did they get there?
• How do national, state and municipal government struggles compare with those of Tribal Nations as we battle our way out of recession?
• How have layoffs affected operations, and will these business and government operations have to continue to keep pace with less staff for a long time to come?
• National politicians are pushing for entitlement reforms as never before. Should Tribes consider implementing their own entitlement reforms as a means of easing financial distress?
• Do Tribal governments need to address debt ceilings as a means maintaining their creditworthiness going forward?
• Should Tribal governments take a more prudent or aggressive approach in their investment strategies? What are state governments doing in that regard?
• What do the remainder of 2011 and 2012 have in store for the overall economy?
• In the wake of what seemed so recently to be an endlessly thriving economy, what lessons have been learned about using good times to prepare for the bad?
Steve Stallings, SVP/Director, Native American Banking Services, Wells Fargo
Amer Ahmad, Head of Public Sector, KeyBank; Former Ohio Deputy Treasurer of State
Jeff Carey, Managing Director, Native American Banking, Bank of America Merrill Lynch
Don Chapman, Senior Advisor on Native American Affairs, Office of the Secretary, US Department of Commerce
Robert Odawi Porter, President, Seneca Nation of Indians
Kent Richey, Partner, Faegre & Benson LLP
NOON-1:30PM   Lunch
1:30-3:00PM   For the rest of the afternoon you have the option of attending Track 1, 2 or 3 Sessions; or a special afternoon discussion focused on energy.

The Native American Finance Officers Association (NAFOA) and the Council of Energy Resource Tribes (CERT) have partnered together to present a half day discussion on Native American Tribes and energy resources. Throughout the US, there are currently approximately 95 million acres of land under tribal management. This land, coupled with Tribal goals of creating jobs and protecting natural and cultural resources, means there is an unparalleled opportunity for Tribes to generate clean energy from renewable resources. These energy resources can then aide in further developing sustainable, stable local self governing economies in accordance with Tribal values and priorities. In addition, because energy is the lifeline for all modern economies, Tribal energy development has the opportunity of vastly expanding possibilities for business partnerships and intergovernmental cooperation between Native nations and other players in the U.S. political economy. There is a bright future in Tribal energy projects.

Tracks 1, 2, 3 or Energy Discussion

Track 1: Distressed Credits and Debt Management
• Getting ahead of an impending situation
• Opening a dialog with your bankers, attorneys and advisors
• Dealing with the politics of a cash-flow crunch
• Refinancing approaches
• Asset-liability management
• Workouts and restructurings 101
Frank Reddick, Partner, Akin Gump Strauss Hauer & Feld LLP
Donna Budnick, Legislative Services Attorney, Little Traverse Bay Bands of Odawa Indians
Kurt Mayr, Partner, Bracewell & Giuliani LLP
Frank Merola, Managing Director, Jefferies & Company, Inc.
Soren Reynertson, Managing General Partner, GLC Advisors & Co.
Allyson Saunders, Partner, Holland & Knight LLP

Track 2: Fostering Economic Development
• Resources available to obtain capital needed to fund economic development and diversification projects
• How to foster entrepreneurship and develop reservation-based businesses that are Tribally and individually owned
• How to support start up businesses in this difficult economy
• Accessing private equity
• 8(a)
• Social concerns affecting economic development on Indian reservations
James Meggesto, Partner, Akin Gump Strauss Hauer & Feld LLP
Kilma Lattin, Secretary, Pala Band of Mission Indians
C. Matthew Snipp, Professor of Sociology, Stanford University
Steve Stallings, Director, Wells Fargo
James Thornton, Executive Director - Business Partnerships, Office of the Chairman - UBS Americas
Dennis Worden, Legislative Director, Native American Contractors Association

Track 3: Ensuring Successful Tribal Audits & Increasing Audit Quality
• Update on changes to auditing requirements that affect Tribal Nations, including the "Report on National Single Audit Sampling Project" and the "Yellow Book"
• New single audit requirements and issues that have arisen from the American Recovery and Reinvestment Act
• Representatives from the Department of Interior, HHS, and HUD will discuss what you need to know to effectively complete your audits.
• Role of the internal audit function
Tasha Repp, Partner, Moss Adams LLP
Morgan Aronson, National Single Audit Coordinator, Department of the Interior, Office of Inspector General
Wendell Conner, Director, Quality Assurance Subsystem, Office of Public and Indian Housing Real Estate Assessment Center, HUD
John Fisher, Manager, Office of Inspector General, Office of Audit Services, Department of Health and Human Services
Sean McCabe, Minority Initiatives Committee Member, American Institute of Certified Public Accountants (AICPA) & Board Chairperson, Navajo Nation Gaming Enterprise

Energy Discussion: Indian Energy: History, Policy, and Moving Forward With Strength
• Historical perspective of Tribal energy programs and initiatives
• A discussion on current policies that impact Tribal energy related projects, and how to ensure that policies support Tribal ownership, nation building and sustainable Tribal economies
• Tribal resource development models of Tribal ownership
• Tribal sovereignty
• Energy efficiency
• Review of California's renewable energy history
Wilda Wahpepah, Attorney, Dorsey & Whitney LLP
A. David Lester, Executive Director, Council of Energy Resource Tribes (CERT)
Bill McCabe, Native American Liaison, Southern California Edison
Pilar Thomas, Deputy Director, Policy, DOE Office of Indian Energy Policy & Programs
3:00-3:30PM   Coffee Break
3:30-4:30PM   Tracks 1, 2, 3 or Energy Discussion

Track 1: The Value of Investor Relations and Tribal Bonds
• Overview of investor relations and its role in helping to build a Tribe's reputation among bond investors as a good investment
• Can investor relations help to lower the long-term interest rate for a Tribe?
• If a Tribe is experiencing financial difficulties, can investor relations make negotiations with lenders more productive?
• What to expect from senior management as it relates to investor relations?
• How to ensure that the spokespeople are up to speed on all the pertinent issues?
• Maintaining a consistent message internally and externally
• The role of internal and external resources
• The rules of disclosure
• When and who to ask for guidance
Geoff Urbina, Managing Director, KeyBanc Capital Markets
Bob Garcia, Chairman, Confederated Tribes of Coos, Lower Umpqua & Siuslaw Indians
Townsend Hyatt, Partner, Orrick, Herrington & Sutcliffe LLP
Odie Brant Porter, Chairman, Investment Management Board, Seneca Nation of Indians

Track 2: Risk Management for Retirement Plan Fiduciaries
Regulatory scrutiny is increasingly being directed toward compliance and the procedural prudence in carrying out fiduciary duties in regards to participant-directed 401(k) Plans and trustee-directed Defined Benefit Plans. More and more participants are holding the Plan Sponsors and Committee Members personally responsible for how the Plan works (or doesn't). This has many plan sponsors looking for help. This panel will provide fiduciaries with:
• How to determine who is a fiduciary
• What liabilities are associated with being a fiduciary
• Details of potential fiduciary risks and the pitfalls to avoid
• Risk management recommendations from the perspective of the plan administrator, attorney, and investment consultant
• Assistance in building a risk management strategy consisting of governance structure, procedures, and staff training
• Factors to consider in maximizing participants' experience…high participation levels and adequate retirement savings
Pam Means, President & Actuary, ERISA Compliance Associates, LLC
Mark Barnum, Senior Vice President - Investments, UBS Financial Services Inc.
James Goldstein, Supervisory Investigator, U.S. Department of Labor, Employee Benefits Security Administration
Scott Layton, Director of Finance, Rincon Band of Luiseno Indians

Track 3: Grant / Contract Compliance - Defined, Examined, Explored
• The purpose of Grant/Contract compliance testing
• Standards that must be followed and what is the authoritative literature
• The types of compliance
• Determining the requirements for your particular grant / contract
• Ensuring compliance with the requirements
• Common compliance pitfalls
• What to do if you are out of compliance
• Auditor's role in compliance testing and reporting
• Can I sweet talk my auditor?
Pete Magee, CPA, AccuFund
Will Micklin, CEO, Ewiiaapaayp Band of Kumeyaay Indians

Energy Discussion: Making a Tribal Energy Project a Reality
• Resource assessment and ramping up into a project
• Environmental considerations
• Business plan
• Legal considerations
• Financing Projects
• Tools and strategies to use during all phases of your project development
• Tribal sovereignty
Thomas Jensen, Partner, SNR Denton
Matt Ferguson, Principal & Practice Leader of National Renewable Energy, Reznick Group
Todd Hooks, Economic Development Director, Agua Caliente Band of Cahuilla Indians
Brendan O'Kane, Facilities/Site Manager, Harrah's Rincon Casino & Resort
4:30-5:30PM   Tracks 1, 2, 3

Track 1: Funding Your Needs: Accessing Capital in 2011
• What are the pros and cons of various types of leveraged and credit-enhanced financings?
• How are current market conditions affecting ratings and what can you do to help your Tribe secure a higher rating and limit costs?
• Tribal Bonds & Tax-Exempt Bonds
• Developing debt structures that afford flexibility and financial risk management
Steven McSloy, Partner, SNR Denton
Jeanette Bettles, Vice President, Municipal Securities Group, Jefferies & Company, Inc.
Randy DelFranco, Partner, Holland & Knight LLP
Matt Eden, Vice President, Sovereign Finance
Bret Yunker, Managing Director, Gaming & Leisure Investment Banking, Bank of America Merrill Lynch

Track 2: The CFO's Role in Tribal Government Operations
• What are CFO expectations for the short & long term?
• How have you developed your finance department/program to increase chances for success? For example:
-Developing clear organizational vision, goals, and processes; steps to modify these as needed
-Skill profiles
-Cost profiles
• Discussion of the day-to-day requirements of the accounting and the periodic obligations of regulatory compliance
• How do you assess and/or measure your department's readiness to meet the needs of your Tribe/Tribal Operation over the short & long term?
• What do you wish Tribal governments did, didn't do, or knew to increase your ability to produce positive results for the Tribe?
• What do you feel are the most challenging aspects of your role?
Ben Rechkemmer, Vice President, Sr. Relationship Manager, KeyBank
Carol Clearwater, CFO, Santa Ynez Band of Chumash Indians
Cheryl Coccaro, CFO, Barona Band of Mission Indians
Lori Meinking, Finance Director, Ho-Chunk Nation
Xochitl Ramos, CFO, Soboba Band of Luiseno Indians

Track 3: Telecommunications Taxation in Indian Country: Research and Education Project
Along with the many advancements and opportunities, the expansion of broadband in Indian Country also presents new questions and challenges for tribal communities. This ongoing research and education project addresses one area of significant complexity: the taxation of communications services and infrastructure as applied to tribal lands. The primary purpose of this project is to provide a framework and reference for understanding these developments, and will result in a Handbook of Telecom Taxation in Indian Country. This panel will present an overview of the project, discuss specific examples, and provide an opportunity for information sharing and feedback.
• Introduction and Overview
-Core Team
-Deliverables & Scope of Project
• Specific Issues / Examples
-Telecom Delivery on Tribal Lands; Accounting and Regulatory Compliance
- Quantifying State Communication Taxes on Tribal Lands
-Implementing Exemptions for Sales of Services to Tribal Members
-Building Strategic Tribal-State Relations; Tribal-State Tax Compacts
• Next Steps
-Where to from here?
-Opportunities to collaborate
-Open discussion and information sharing
Corrine Wilson, Senior Manager, Moss Adams LLP
W. Ron Allen, Tribal Chair/CEO, Jamestown S'Klallam Tribe
Randal Evans, Managing Member, Law Office of Randal T. Evans, PLLC
Joe Garcia, SW Regon Vice President, National Congress of American Indians (NCAI)
5:30PM-7:15PM   Cocktail Reception
Wednesday, March 23, 2011
7:30AM   Breakfast Buffet/Registration Open/Exhibit Hall Open
9:00-10:30AM   Tracks 1, 2, 3

Track 1: Funding Your Needs, Part 2: Alternative Ways to Access to Capital in 2011
• What alternative means to access capital should you explore?
• How the DOI's Indian Guaranteed Loan Program can assist Indian entrepreneurs in getting the capital needed to start or grow small-to-medium sized businesses
• Tribal Economic Development Bonds
• CDFI's
• New Markets Tax Credit
• Tax credit investments
Clint Waara, Tribal Advocate, Wells Fargo
Phil Glynn, Director, Travois New Markets
Chandra Hampson, Director, Indian Country Initiative, Enterprise Cascadia
Daniel Jordan, Director, Hoopa Tribal Department of Commerce
Lauren Mack, Counsel, SNR Denton
Gerald Sherman, President/CEO, Indian Land Capital Company

Track 2: Best Practices in Tribal Governance
This panel will discuss the complex and challenging demands placed on Tribal Councils, and strategies that can be employed to best meet those demands and maintain an effective and strong Tribal Council.
• Developing policies and strategic plans
• Managing operations
• Allocation of resources
• Measuring success and performance management
• Effectively handling expanding Tribal growth/enterprises
• The role of business leadership in Tribal government
• How Tribal Council, staff and members can better work together and increase the overall success of the Tribe?
Mike Coddington, Partner, Faegre & Benson LLP
W. Ron Allen, Tribal Chair/CEO, Jamestown S'Klallam Tribe
John Feliz, Jr., Chairman, Coyote Valley Band of Pomo Indians
Robert Smith, Chairman, Pala Band of Mission Indians
Marjorie Zarate, Chief Executive Officer, Port Gamble S'Klallam Tribe

Track 3: IRS Update
• Current IRS compliance initiatives
• Pending IRS guidance priorities
• IRS regulations as they relate to annual reporting
• Tax issues in the Affordable Care Act
• Federal tax issues that are most frequently being raised by tribes seeking guidance from the IRS, or by the IRS when they select a particular tribe for an examination or a compliance check
Telly Meier, Associate, Holland & Knight LLP
Christie Jacobs, National Director, IRS Office of Indian Tribal Governments, Internal Revenue Service (IRS)
10:30-NOON   Tracks 1, 2, 3

Track 1: Investment Strategies and Asset Classes
• Developing long and short-term investment strategies for your Tribe utilizing traditional investments (stocks, bonds, money markets, etc.)
• Managing a fixed income portfolio in rising rate environment
• How to invest for safety, liquidity and return
• Techniques for managing risk
• Due diligence and your investment decisions
Dominic Bruno, Senior Vice President - Portfolio Manager Taxable Fixed Income, M.D. Sass Investor Services
Michael Edwards, Vice President, JPMorgan Asset Management
Kevin Garcia, Cash & Investment Manager, Pueblo of Sandia
Joseph Hoon, Senior Vice President, Private Wealth Management, Robert W. Baird & Co. Inc.
Lars Landrie, Partner, Moss Adams Wealth Advisors
Gerard Tamparong, Vice President, Payden & Rygel Investment Management

Track 2: Tribal Housing
• Accessing capital to fund Tribal housing projects, including mixed financing options
• Utilizing funds from programs such as:
-USDA Rural Development - Direct Mortgage Program
-USDA Rural Development - Guaranteed Mortgage Program
-USDA Rural Development - Home Repair Loan and Grant Program
-USDA Rural Development - Multi Family Housing Programs
-DOI's Housing Improvement Program (HIP)
-Low Income Housing Tax Credit Programs
• Tips on how to best present your project in order to increase your chances of securing funding
• An update from the National American Indian Housing Council
• How have other Tribes successfully financed their housing projects and met their reservations housing needs?
Cora Gaane, Tribal Advocate, Wells Fargo
Annette Bryan, Executive Director, Puyallup Tribal Housing Authority
Tedd Buelow, Native American Coordinator, USDA Rural Development
Andrew Moro, Business Manager, Pala Band of Mission Indians
Mellor Willie, Executive Director, National American Indian Housing Council (NAIHC)
Thomas Wright, Director, Office of Loan Guarantee, HUD Office of Public and Indian Housing

Track 3: GASB Update
This session will cover the major provisions of recent GASB pronouncement and emerging accounting issues including:
• Fund balance reporting and governmental fund type definitions
• Chapter 9 bankruptcies
• Service concession arrangements
• Reporting Entity
• Codification of pre-1989 FASB pronouncements
• Pension accounting proposals
• ED on reporting deferred inflows and outflows of resources
• Other current projects
Roberta Reese, Project Manager, Governmental Accounting Standards Board
NOON-1:30PM   4th Annual Financial Leadership Awards Luncheon Reception
1:30-2:30PM   Tracks 1, 2, 3

Track 1: A Look Into Alternative Investments
• Developing long- and short-term investment strategies for your Tribe utilizing alternative investments such as:
• Real estate
• Tribe to Tribe lending
• Small Businesses
• Commodities
• Foreign economies
• Private equity strategies
• Hedge strategies
• Techniques for managing risk
• Due diligence and your investment decisions
Matthew Howard, Private Client Advisor, Senior Vice President , Bank of America Merrill Lynch
Anthony Alfonso, President, BDO Valuation Advisors, LLC
Jay Calhoun, Director of Principal Investments, Cherokee Nation Businesses
Cynthia Duda, Managing Director, Capital Dynamics Inc.
Susan White, Director, Oneida Trust Department

Track 2: Taking a Look at Minors' Trusts
• Review of options related to trust fund accounts for your minor Tribal members
• Specific techniques to enhance returns while preserving principal
• What options do you have if your funds have lost monies in the current market
• Case study on a Tribal programs requiring completion of financial literacy program(s) in order to receive monies held in trust accounts
Michelle Morton, President/CEO, Pacific American Secutities LLC
Samuel Fuller, Principal, Providence First Trust Company
Kim Peone, Finance Deputy, Eastern Band of Cherokee Indians
Shawn Spruce, Program Consultant, First Nations Development Institute

Track 3: New GASB Guidance - Implications For Tribal Businesses
Under new standards of the Governmental Accounting Standards Board (GASB), financial reports of tribally owned businesses prepared using the GASB financial reporting framework will differ even more significantly from those of non-tribally owned businesses. This session will summarize the more significant differences and address the implications for users and preparers of the financial statements. Specifically, the session will cover:
• Accounting and financial reporting frameworks
- Summary and background
- Concepts underlying the governmental framework
- Concepts underlying the nongovernmental framework
• Governmental and nongovernmental accounting and financial reporting
- Significant differences
- Implications of GASB Statement 62, Codification of Accounting and Financial Reporting Guidance Contained in Pre-November 30, 1989 FASB and AICPA Pronouncements
• Implications for Tribal business enterprises
- Tribal officials
- Enterprise management
- Creditors
- Regulators
- Auditors
Bruce Bleakman, Principal, REDW The Rogoff Firm
Michael Kirschner, Senior Manager, REDW The Rogoff Firm
2:30-3:00PM   Coffee Break
3:00-5:00PM   General Session

Peak Gaming Profits: Looking Ahead to 2020 and Developing a Long Term Strategic Approach to Maximizing Net Revenues in Tribal Gaming
We will compare the global "peak oil" premise - the point at which maximum petroleum extraction is reached, and then begins to decline - to Tribal gaming profits in the United States. We will also look into the future to provide insight on how to plan for the new economy and maximize profits, not just revenues.
• At what point - in a healthy economy - will Tribal gaming markets become saturated, making it impossible for Tribes to continue to grow net profits?
• Are Tribes headed for an "arms race" in terms of building bigger and more expensive casinos that will drive down net profits for the owner Tribes?
• What role will internet gaming play in either stealing business from or increasing demand for Tribal casinos?
• Are some regions' gambling options already creating a glut scenario, and where are we likely to see similar situations arise?
• How has "ramping up" casino projects - starting small and gauging a measured expansion later - created more confidence for investors interested in capitalizing a gaming facility?
• How can you trust or verify feasibility studies, when clearly there have been recent cases of over-sizing start-up gaming operations - leading to almost immediate debt service issues?
• How can you determine the "right size" for your gaming enterprise?
• What is the long-term expected population growth and how will demographic shifts affect Tribal gaming markets?
• What is the near- and long-term forecast for rises or drops in expendable income? And what regions are likely to rebound slower or more quickly than others?
• Will States find a way to get a bigger cut of the Tribal gaming dollar?
Bill Lomax, President, NAFOA
Ben Bubeck, Director, Standard & Poor's
Kristi Jackson, Vice Chair and CEO, Tribal Financial Advisors
Alan P. Meister, Principal Economist, Nathan Associates
Lawrence Roberts, General Counsel, National Indian Gaming Commission (NIGC)
Jamie Stuck, Tribal Council Vice-Chairperson, Nottawaseppi Huron Band of Potawatomi
Daniel Tucker, Chairman, Sycuan Band of the Kumeyaay Nation & Chairman, California Nations Indian Gaming Association (CNIGA)