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RESOLUTION 9780
RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO
EXPRESSING APPRECIATION TO LALO PEREZ UPON HIS
RETIREMENT
WHEREAS, Lalo Perez began his career with the City of Palo Alto on August 19, 1985,
and has served exemplary throughout his 33-year tenure; and
WHEREAS, Lalo Perez started in Revenue Collections and worked his way up to Chief
Financial Officer (CFO) with stints in treasury and budget; and
WHEREAS, Lalo Perez served as Director of the CFO/ Administrative Services
Department, served as staff liaison of the Finance Committee and was acting City Manager on
occasion; and
WHEREAS, Lalo Perez was instrumental in establishing funding plans for pension,
retiree medical and infrastructure and balanced the city budget during challenging economic
downturns, and led the City's Long Range Financial Planning process; and
WHEREAS, Lalo Perez oversaw the issuance of over 130,300 checks, over 30,000
purchase orders, thousands of budget change requests, and hundreds of budget amendment
ordinances; and
WHEREAS, Lalo Perez's leadership led to the City being one of the first cities to launch
an open budget portal, to adopt electronic signature and receiving 10 Budget Presentation awards
and 10 Excellent Financial Reporting awards from the Government Finance Officer Association
and the California Society of Finance Officers, has been a frequent guest lecturer to various
financial training seminars; and
WHEREAS, Lalo Perez's financial stewardship led to the City maintaining its AAA
credit rating was instrumental in labor planning strategy sessions, utilities risk oversight, and
implementing innovative ideas to balance the City's budget; and
WHEREAS, in 2012 Lalo Perez received the CFO of the Year award from the Silicon
Valley Business Journal for his leadership in successfully managing the City's finances during
the Great Recession; and
WHEREAS, Lalo Perez is recognized by his peers and City staff for being professional,
hardworking, dependable, innovative, enthusiastic, ethical, caring and for being a great coach
and leader; and
WHEREAS, Lalo Perez has consistently been recognized as a team player with a positive
attitude and exceptional work ethic.
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