Finance Director
Gainesville, Florida Area
Responsible for directing the activities and personnel of a multi-functional 37 member department including budget, accounting, treasury, debt management, pension administration, payroll, and purchasing. Significant achievements include:•Issued 2003 Pension Obligation Bonds to retire City’s unfunded pension liability, resulting in $76 million in savings•Led development of the City’s first long-term financial forecast•Led development of the City’s first fully-funded Five Year Capital Improvement Plan•Issued 2005 Other Post Employment Benefit Obligation Bonds (OPEB) to retire City’s unfunded retiree health insurance liability, resulting in $7.5 million in savings - first OPEB issue in the country•Earned the Government Finance Officers Association Certificate of Achievement for Excellence In Financial Reporting for the City’s Comprehensive Annual Financial Report every year •Earned the Government Finance Officers Association Distinguished Budget Presentation Award for the City’s Financial and Operating Plan every year •Led financing teams on 19 bond issues totaling $260.2 million•Participated on financing teams on 8 other bond issues totaling $456.3 million•Led a significant restructuring of the City’s defined benefit pension plan benefit model, with projected savings of over $330 million over a 30 year period •Directed pension trust fund asset administration for two defined benefit pension plans with $606 million in assets and one retiree health insurance trust fund with $61 million in assets•Directed a restructuring of the City’s Disability Pension fund to release more than $6 million of stranded assets