HomeMy WebLinkAboutYates, Jeffrey - ResumeJEFFREY A. YATES Email: jeffrey_yates@att.net
9426 N Kensington Ave, Kansas City, MO 64156 Cell: 816.830.2491/Home: 816.734.4934
January 28, 2010
Colin Baenziger & Associates
RE: City Manager, Cape Canaveral, Florida
Dear Baenziger:
My experience as a senior manager with a proven record of efficiently and effectively managing the day-
to-day financial operations of a complex, service oriented organization, and my skills as a leader and
communicator uniquely qualify me for the City Manager position.
My background includes management experience spanning all aspects of operations, budget development,
long-term capital improvement planning, financial planning and forecasting, annual and monthly financial
reporting, debt issuance, strategic planning, and operational analysis. I take great pride in managing and
motivating professional staff to deliver superior quality, accurate, professional work. Among my
successes are bond rating upgrades, successful implementation of a six year capital improvement program
with funding, the development of long-term utility rate models including capital planning,
implementation of regular expenditure and revenue monitoring processes, and unqualified opinions on the
Comprehensive Annual Financial Report, receiving both the GFOA Certificate of Achievement for
Excellence in Financial Reporting and the Distinguished Budget Presentation Award Program. Through
these experiences I have gained valuable insight into the operations of all aspects of a full service city.
These successes demonstrate my ability to establish priorities and achieve organizational goals and
objectives.
I am excited about the opportunity to personally discuss the position of City Manager, Cape Canaveral,
Florida, with you and look forward to hearing from you.
Sincerely,
Jeffrey A. Yates
Attachment
Jeffrey A. Yates 1 Resume
JEFFREY A. YATES
Email: jeffrey_yates@att.net
9426 N Kensington Ave Cell: 816.830.2491
Kansas City, Missouri 64156 Home: 816.734.4934
Strategically minded senior management and finance executive poised to deliver efficient and effective
management and operations with genuine results. Rich mix of operations, analysis, problem solving, and
planning talents compliment advanced administrative studies. A change agent acknowledged for
balanced judgment, work ethic, and ability to steer organizational change through policy and process
improvement.
Professional Strengths Include:
Organizational Leadership
Organizational Improvement
Capital Improvement Planning
Written Communication
External Agencies Interactions
Policy Analysis/Legislative
Analysis
Operating Budget
Development and Presentation
Long-term Financial Strategy
Debt Planning and Issuance
Strategic Planning
Operational Policy
Development
Cash Flow Planning
Financial Forecasting &
Modeling
Process and Procedure
Development
Regulatory Compliance
Problem Solving Skills
Computer Skills: Excel, Power Point, Word, Access, Visio, ERP Systems
EDUCATION
Master of Public Administration, Regent University, Virginia
Bachelor of Science, Liberty University, Virginia
Major: Social Science & Education
Additional Graduate Coursework: Economics, Accounting, and Business Management
PROFESSIONAL EXPERIENCE
Chief Financial Officer and Director of Finance
City of Kansas City, Missouri (Population 475,830) September 2008 – January 2010
Oversaw the Department of Finance (120 employees) including Accounts Division,
Development Finance, Treasury, and the Commissioner of the Revenues Office.
Developed and presented the Comprehensive Annual Financial Report, receiving the GFOA
Certificate of Achievement for Excellence in Financial Reporting Program.
Prepared and presented Monthly Financial Report.
Participated in the development of the $1.3 billion, Annual Operating Budget and Capital
Improvement Program.
Developed and implemented the “Business Friendly City” plan which focused on policies and
practices that facilitate business with and within the City.
Developed and implemented modifications to the business license process to improve customer
service and compliance.
Developed and implemented controls and procedures to address annual audit findings.
Developed and implemented modifications to the earnings tax process to improve collections.
Developed a strategic budget development process to maximize resources and ensure core
service needs are met.
Jeffrey A. Yates 2 Resume
Developed and negotiated development funding agreements and term sheets for significant retail,
commercial, and residential development.
Develop comprehensive credit rating strategy focused on stabilizing and improving credit
ratings.
Participated in the Downtown Convention Hotel Steering Committee as a steering committee
member, chair of the Request for Proposal Sub-Committee, and Finance Sub-Committee
member.
Appointment to the GFOA Committee on Economic Development and Capital Planning.
Participant in the Kansas City Tomorrow Class XXXI.
Chief Financial Officer September 2005 – September 2008
Director of Fiscal Policy and Strategic Planning November 2004 – September 2005
City of Lubbock, Texas (Population 211,000) November 2004 -- September 2008
Oversaw the departments of Human Resources, Accounting, Cash and Debt Management,
Purchasing and Contract Management, Fiscal Policy, Risk Management, Health Benefits, Print
Shop, Warehouse, Facilities Management, and the Fleet Department (total 60 employees).
Developed and presented the $450 million Annual Operating Budget and Capital Improvement
Program, receiving the Distinguished Budget Presentation Award.
Developed and presented the Comprehensive Annual Financial Report, receiving the GFOA
Certificate of Achievement for Excellence in Financial Reporting.
Developed and implemented credit ratings strategies, moving the City from a Standard and
Poor’s Rating of AA- Stable to AA+ Stable, a Fitch Rating of AA- Stable to AA Stable, and a
Moody’s Rating of A1 stable to Aa3 Stable.
Developed and presented biweekly City Council meeting agenda and Monthly Management
Report.
Developed and implemented financial internal controls and procedures, including accounts
receivable, general ledger reconciliation, grant management, and position control.
Developed and implemented the Lubbock “Truth-in-Taxation” Model for setting appropriate
property tax rates based on economic conditions.
Managed budget shortfalls through active expenditure controls, personnel hiring, and other
financial management controls.
Monitored and reported biweekly financial status of departments, including personnel
forecasting.
Developed enterprise funds (Water, Waste Water, Solid Waste, Storm Water, and Power) rate
recommendations based on extensive, detailed rate models that incorporated long-term service
usage, capital programming, and fleet replacement.
Advised the City Manager on public policy and strategic planning issues.
Lead the negotiating team for a $100+ million street financing program with the Texas
Department of Transportation.
Oversaw the debt issuance process and represented the City to Standard and Poor’s, Moody’s,
and Fitch rating services.
Negotiated with the Fire Fighters’ Association concerning Fire Fighter Compensation.
Lead the regulatory negotiations with local utilities and made regulatory recommendation to City
Council.
Jeffrey A. Yates 3 Resume
Budget Officer, Department of Finance
City of Portsmouth, Virginia (Population 97,200) January 2004 – November 2004
Meet GFOA standards, including the budget and capital improvement development and
implementation process, prepared the annual $427 million operating budget and capital
improvement program, receiving the GFOA Distinguished Budget Presentation Award.
Developed forecasts for five and ten year windows using various econometric techniques.
Developed financial and budgetary policies such as grant management and fund balance policies.
Acted as a regional board and commission City liaison including the regional Waste Authority
Strategic Finance Committee and the Regional Transit Authority.
Analyzed the economic and fiscal impacts of development projects and tax increment financing
zones.
Planned and analyzed debt issuance scheduling based on analysis of capital improvement
program cash flow needs and operating revenue and expenditure trends.
Prepared, in accordance with GAAP and Governmental Accounting Standards Board standards,
annual audit work papers and closing entries.
Management and Budget Analyst II, Department of Management Services
City of Virginia Beach, Virginia (Population 428,200) February 2001 – January 2004
Prepared the City’s annual Five-Year Financial Forecast including expenditure and revenue
projections, and developed the City Council and School Board presentations.
Prepared the monthly City Council economic indicators report, including the ongoing economic
and emerging trend identification and analysis.
Conducted state and federal legislative evaluation and impact analysis, including local service
and revenue impacts.
Prepared fund viability and breakeven analysis and developed resulting financial policy
recommendations.
Developed City Council policy concerning fund balance use and other financial policies.
Developed a complex general fund model, to conduct financial scenario analysis with the
Management Leadership Team and the City Council, which incorporated revenue, expenditures,
debt, and tax rate changes.
Coordinated the Virginia Beach Performance Measurement System, including citywide
performance measurement guidelines, the ICMA Center for Performance Measurement project,
and activity based costing.
Redesigned the Resource Management Plan receiving the GFOA Distinguished Budget
Presentation Award.
RECENT PUBLICATION
Yates, Jeffrey A. “Meeting Municipal Government’s Financial Needs.” Emerging Issues in
Government Financing: Government Officials on Regulating Budgets, Meeting Financing Needs,
and Planning Around the Economic Recession (Inside the Minds). Ed. Eddie Foumier. Thomson
West; Aspatore Books, 2009. 79-92.
References Available Upon Request
Salary Negotiable