City Hall veteran picked to be Fresno's controller-finance director [The Fresno Bee :: ]
(Fresno Bee, The (CA) Via Acquire Media NewsEdge) Sept. 03--Fresno City Hall veteran Michael Lima has been named the city's new controller/finance director.
City Manager Bruce Rudd made the announcement Wednesday. Lima's appointment needs City Council approval; the council will take it up Sept. 11.
"Mr. Lima is a long-standing, well-respected professional within our organization who has extensive municipal finance experience and a strong understanding of the city of Fresno's fiscal structure," Rudd said. "He is exceptionally qualified to lead the wide range of comprehensive finance support services to the mayor, the City Council, and all city departments."
Lima has been the city's airports finance manager for the past 12 years. He has administered the airports' annual operating, debt service, and capital budgets averaging nearly $40 million. He served as the lead staff member responsible for assembling various multimillion-dollar finance agreements, including the bond issuance for the new rental car facility at Fresno Yosemite International Airport in 2007 and the refinancing of the airport terminal concourse bonds in 2013.
Lima has 25 years of government experience. Of those, 20 years had been with the city of Fresno, where he has served as a key member in finance, including 12 years with the Airports Department and eight years with the Budget and Management Studies Division.
As the controller/finance director, Lima will be responsible for the development and implementation of the policies and procedures relating to finance planning, fund investment and revenue enhancement, accounting and auditing as well as licenses and business tax.
Lima holds a master's of business administration as well as a bachelor of science in business administration/accountancy. Both degrees were earned at California State University, Fresno.
The reporter can be reached at (559) 441-6272 or email@example.com. Read his City Beat blog at fresnobee.com/city-beat.
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