TO: Mayor and Members of City Council
THRU: Douglas J. Hewett, ICMA-CM, City Manager
FROM: Telly C. Whitfield, Ph.D., Assistant City Manager
DATE: May 14, 2018
RE:
Title
Resolution to Appoint Jay C. Toland as Acting Finance Officer
end
COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
Goal V. Sustainable Organizational Capacity
Objective A. To ensure strong financial management with fiduciary accountability.
The Finance Department's mission is to serve as stewards of the City's financial resources and provide timely and meaningful financial information to allow City management to maximize those resources in service to the community.
Executive Summary:
North Carolina General Statute 159-24 requires that each local government or public authority appoint a Finance Officer. The attached resolution will formally appoint Jay C. Toland as the City's Acting Chief Finance Officer.
Background:
Cheryl Spivey, who joined the City in February 2016, is scheduled to retire at the end of May 2018 after 29 years of service to North Carolina municipal governments. On preparation for this transition, the City hired Mr. Jay C. Toland in February 2018 to serve in the temporary assignment position as Special Assistant to the City Manager for Finance on a one year contract period with possible renewal for another year to maintain capacity in the organization. Previous, Mr. Toland served as the Chief Financial Officer for Scotland County Schools. Since North Carolina General Statute (NCGS) 159-24 requires that each local government or public authority appoint a Finance Officer, the attached resolution is submitted to Council to formally appoint Mr. Toland as the City's acting finance officer. NCGS 159-24 lists the following finance officer powers and duties:
(1) Keep the City accounts in accordance with generally accepted principles of governmental accounting and the rules and regulations of the Local Government Commission....
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