City of Fresno Announces New Controller/Finance Director

Sep 04, 2014 No Comments by

FRESNO, CA – City Manager Bruce Rudd today announced that Michael Lima has been named the City of Fresno’s new City Controller/Finance Director, effective upon Council approval of Mr. Lima’s selection.  A vote on Mr. Lima’s appointment is set for September 11, 2014.

 

“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,” City Manager 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.”

 

For the past twelve years, Lima has been Airports Finance Manager for the City of Fresno where he 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 multi-million 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 including 20 years with the City of Fresno where he has served as a key member in the area of finance including twelve years with the Airports Department and eight years with the Budget and Management Studies Division.  

 

As the Controller/Finance Director for the City of Fresno, 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.

 

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