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Foster City has appointed Nate Cruz as its new finance director, effective January 8. Cruz brings nearly two decades of experience in municipal budgeting, having previously served as the chief financial officer for the Port of San Francisco. His extensive background in finance and public policy positions him well to lead the city’s financial operations.
Key Takeaways
- Nate Cruz appointed as finance director of Foster City.
- Effective date: January 8.
- Nearly 20 years of experience in municipal budgeting.
- Former CFO of the Port of San Francisco.
- Holds degrees from Georgetown University and Carnegie Mellon University.
Background of Nate Cruz
Nate Cruz has a rich history in public finance, having worked in various capacities across different municipalities. His career highlights include:
- Chief Financial Officer at the Port of San Francisco.
- Experience in municipal budgeting in Washington, D.C., and San Francisco.
- Educational background includes:
- Bachelor’s degree from Georgetown University.
- Master’s degree in public policy from Carnegie Mellon University.
- Completed the senior executives in State and Local Government Program at Harvard Kennedy School.
- Served as a Peace Corps volunteer in Morocco, showcasing his commitment to public service.
Responsibilities as Finance Director
As the finance director, Cruz will oversee the financial operations of Foster City, which includes:
- Managing the city’s budget and financial planning.
- Ensuring compliance with financial regulations.
- Reporting on the city’s financial status to the city council.
- Implementing financial strategies to enhance the city’s economic stability.
Community Impact
Cruz’s appointment is expected to have a positive impact on the community. His experience and educational background will help Foster City navigate financial challenges and opportunities effectively. The city council expressed confidence in Cruz’s ability to manage the city’s finances and contribute to its growth and sustainability.
Looking Ahead
With Nate Cruz at the helm, Foster City is poised for a new chapter in its financial management. His leadership will be crucial as the city continues to address the evolving needs of its residents and businesses. The community looks forward to his contributions and the positive changes he will bring to the city’s financial landscape.
Sources
- New finance director for Foster City | Local News | smdailyjournal.com, San Mateo Daily Journal.
