Latest news with #GovernmentFinanceOfficersAssociation
Yahoo
28-03-2025
- Business
- Yahoo
Derrick Brown named new assistant Albany city manager
ALBANY – Albany City Manager Terrell Jacobs announced Thursday that Derrick Brown will become the city's new assistant city manager for utility administration. The position opened at the end of January when former Assistant City Manager Yvette Fields retired from the role. Brown brings a wealth of knowledge to the position, city officials said in a news release. He has more than 32 years of manufacturing, accounting, business management, and leadership experience, having served in roles of increasing responsibility. A Monroe Comprehensive High School graduate, Brown earned a bachelor of accounting degree from Albany State University and a master of manufacturing management degree from Kettering University, formerly known as GMI Engineering and Management Institute. In his most recent role as chief financial officer for the city of Albany, Brown and his team have successfully managed a budget of more than $318 million. For 14 consecutive years and counting, the finance team has earned the 'Certificate of Achievement for Excellence in Financial Reporting' from the Government Finance Officers Association. The team also earned the coveted 'Distinguished Budget Presentation Award' for Fiscal Year 2025 from the Government Finance Officers Association. Brown is also a Certified Retirement Plan Fiduciary, awarded by the Georgia Association of Public Plan Trustees. 'Having achieved this level of success in his previous roles, I have no doubt Mr. Brown will continue to excel and make significant contributions on behalf of the city of Albany as he leads Administrative Services, the Department of Community and Economic Development, Facilities Management, Fleet Management, the Recreation and Parks Department, Technology and Communications, the Public Information Office and the Business Development Office,' Jacobs said.
Yahoo
10-03-2025
- Business
- Yahoo
Prestigious ‘Triple Crown' award won by Wichita Falls second straight year
WICHITA FALLS (KFDX/KJTL) — For two straight years, the City of Wichita Falls has received a few awards for meeting national standards through budgeting and financial reporting. The Government Finance Officers Association is called the 'Triple Crown.' In the 2023 fiscal year, Wichita Falls won three awards: Distinguished Budget Presentation Award Certificate of Achievement for Excellence in Financial Reporting Popular Annual Financial Reporting Award Wichita Falls CFO Stephen Calvert said the awards stem from the teams' commitment to transparency. i.d.e.a. WF names 2025 semi-finalists 'I am grateful for our finance and leadership teams and the work they put in to earn these awards,' Calvert said. 'For our citizens, these awards are evidence that we are committed to transparency with our financial reporting.' To win these awards, all three reports were judged on their clear communication, financial planning and performance. All awards are judged on their own merits and deemed to meet the criteria by a panel of judges for each category. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
15-02-2025
- Business
- Yahoo
A ‘Golden' career: Longmont chief financial officer Jim Golden retires after 45 years with city
Jim Golden, Longmont's longtime chief financial officer, recently retired after crunching numbers for the city for 45 years and four months — not that anyone's counting. Originally hired in 1979 as an accountant, Golden became the city's finance director in 1987, which is essentially the same position he held until his retirement, although it was retitled about five years ago. 'This is the first job that I have been in since … college,' Golden said. 'I worked my way up.' The city's adopted budget for 1979, when Golden started, amounted to roughly $31 million. When it was approved last October, Longmont's 2025 budget exceeded $473 million. Golden grew up on Long Island and later graduated from St. John's University in Queens with a degree in accounting. Shortly after completing college, Golden left the Empire State and headed west for the Centennial State. 'I was born and raised (in New York) but I wasn't looking forward to working there,' Golden said. Golden officially retired from the city at the end of January. Teresa Molloy, who previously worked as the city's assistant chief financial officer, is now the city's chief financial officer. Whether it be the 2013 flood or the COVID-19 pandemic, Golden admired the teamwork city staff members displayed during difficult times. 'We … were able to create a really good culture here in the department,' Golden said. Over the years, the city has been recognized by the Government Finance Officers Association for its distinguished budget presentations and excellence in financial reporting. Golden, though, made clear that those awards were the result of his colleagues' professionalism, hard work and overall dedication to the city. 'He definitely is a legend in the city of Longmont,' Mayor Joan Peck said of Golden. 'He has guided our city fiscally for years in the right direction.' Longmont City Manager Harold Dominguez said that Golden was a critical part of the organization throughout his time with the city. 'He was vital every day,' Dominguez said of Golden. 'He was always willing to challenge and push on things where we could do better and … there's nothing more that I value than that kind of brutal honesty.' Longmont Downtown Development Authority Executive Director Kimberlee McKee noted how Golden had been part of the DDA since its inception in 1982. 'He believes in downtown; he believes in the businesses and the business owners that are … building the environment that we have here,' McKee said. McKee also recalled Golden's love of live, local music. 'You would always see him every summer at our downtown concert series,' McKee said. 'He would appreciate the music, he would be part of the community and it was always just so great to see him there.' On Tuesday nights, Golden and his colleagues could often be found at Longmont City Council meetings answering questions from local officials and residents about anything related to the city's financial and budgetary matters. 'The city of Longmont has … made a big impact on me as well as my family,' Golden said. 'Hopefully, I've given as much back in return.'
