The ICMA Executive Board met September 23–24, 2016, in Kansas City, Missouri, and took these actions:

• Approved the schedule for the 2016–2017 president-elect selection process. On October 4, 2016, letters were sent to the 44 eligible former vice presidents asking them to submit their expression of interest and four to eight letters of support by January 17, 2017. State and affiliate presidents, along with past ICMA Presidents, were also sent the list of those eligible and encouraged to contact those they thought would make good candidates.
  
  
• Accepted the FY 2016 audited financial statements and report. In FY 2016 (July 1, 2015–June 30, 2016), ICMA programs and activities resulted in a net contribution from general fund operations of $1,553,484, compared with the budgeted loss of $75,000.
  
  Success in obtaining new grants and contracts, particularly the award early in FY 2016 of a five-year $47.8M USAID contract for work in the Philippines, Strengthening Urban Resilience for Growth with Equity (SURGE), was a significant factor in the ability to achieve the net contribution for FY 2016. Non-contract areas, where revenue has grown from $9.8 million in FY 2003 to $15.9 million in FY 2016, also made significant contributions. These include steadily growing membership dues revenue, increased sponsorships from ICMA-RC, and stronger-than-anticipated revenues from publications and from the REIT dividend from the building. FY 2016 financial results were better than budget in all outcome areas except ICMA Insights, which is in the process of winding down.
  
  In FY 2016, member services and programs remained strong and ended the year either better than budget or better than the prior year. Membership dues revenues exceeded budget targets by $276,141 and were higher than FY 2015 dues revenues by $245,896. At June 30, 2016, ICMA had 10,549 members representing more than 30 countries. (As of the Kansas City conference, ICMA had 11,000 members).
  
  Net assets targets are established in five-year increments by the ICMA Executive Board. At June 30, 2013, the net assets balance was $6,291,563, an excess of $991,563 over the established target of $5.3M. With the net losses of $221,236 in FY 2014 and $270,396 in FY 2015, the two transition years marked by reduced grants and contracts funding and changes in several other programs, the net assets balance at June 30, 2015, was $5,799,931. With the record high FY 2016 net contribution of $1,553,484, the net assets balance at June 30, 2016, was $7,353,415, putting ICMA on track to exceed the target net assets balance of $7,750,000 established for FY 2018.
  
  ICMA’s auditors, Rubino & McGeehin, delivered an unqualified opinion on the financial statements (the best rating) and reported the twenty-third consecutive year of no material weaknesses.  (FY 2016 Year End Financial Results) 
  
  
• Reviewed the upcoming regional nominations process for selecting regional vice president nominees. The 2016–2017 process launched in September. Candidate submissions, endorsement letters, petitions, and letters of support are due December 1, 2016.
  
  
• Reviewed progress on membership recruitment and retention in July when 167 new in-service members joined ICMA including 69 Full (65 U.S. and 4 international), 41 department director affiliate, 49 entry-to mid-management affiliate, and 8 interns. There was the typical correlation between the conference host state/region and membership attraction, so that the Midwest region generated the most new members for the month.
  
  
• Reviewed membership recruitment and retention goals and strategies for FY 2017, including building on the use of tailored state-/country-based strategies to recognize the unique challenges and opportunities in each state and country; leveraging the affiliation agreements; and tapping on-the-ground resources to complement the work of headquarters staff. The model focuses on building partnerships with the states or countries to grow memberships together, rather than separately. ICMA typically has convened the conversations and executed the administrative details; the partner organization usually focuses on personal phone and e-mail outreach to target nonmembers.
  
  
• Approved 31 ICMA Credentialed Managers and 10 ICMA Credentialed Manager Candidates.
  
  
• Conducted the performance review of the executive director and of the 2015–2016 executive board. 
  
  
• Appointed Tanya Ange, deputy city manager, Boulder, Colorado, to the Alliance for Innovation Board of Directors for a four-year term beginning January 1, 2017. 
  
  
• Appointed Kathy Sexton, city manager, Derby, Kansas, to a three-year term on the Public Technology Institute Board of Directors beginning January 1, 2017.
  
  
• Reappointed Shirley Hughes, city administrator, Liberty, South Carolina, to serve as the ICMA representative to GASAC for a second two-year term, beginning January 1, 2017.
  
  
• Conducted a planning session for the 2016–2017 board.
  
  
• Confirmed the president-elect selection process for 2016–2017. Expressions of interest from eligible former vice presidents will be due January 17, 2017.
  
  
• Upcoming board meeting dates and sites: November 10–13, 2016, in Jekyll Island, Georgia; February 16–19, 2017, in Las Vegas, Nevada; June 8–11, 2017, in Fort Collins, Colorado; October 20–21, 2017, in San Antonio, Texas.