M. Elizabeth Reich has resigned as Dallas’ chief monetary officer after virtually six yrs and Shall Get changed by Jack Ireland, The metropolis’s price range director.
In a memo to the mightor and metropolis council this week, City Supervisor T.C. Broadnax said Reich had accepted a place outdoors of metropolis authorities and her final day with Dallas Shall be June 30.
“In her first yr, she was instrumental in brokering a compromise that saved the Dallas Police and Hearth Pension, and since then has assisted The metropolis emerge on strong monetary footing from a devastating twister adopted intently by the COVID-19 disaster,” the memo said. “Importantly, she invested Inside The staff and the group as a Outcome of she believes that success Isn’t meaconstructived Simply by managing current factors, however by attaining prolonged-time period effectiveness and monetary primarytainability.”
In her resignation letter, Dallas CFO M. Elizabeth Reich said The metropolis “is stronger monetaryly than at any time since I arrived.”
Ireland, her successor, has been Dallas’ director of price range and administration providers for 12 yrs, overseeing The metropolis’s working and capital price ranges collectively with 2012 and 2017 bond packages, Based mostly on the memo.
Janette Weedon, who beforehand served as assistant price range director and is presently 311 Buyer assist director, will Discover your self to be price range director.
Reich Might not immediately be reached for remark.
In her resignation …….