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HomeMy WebLinkAboutStaff Report 9392 City of Palo Alto (ID # 9392) City Council Staff Report Report Type: Consent Calendar Meeting Date: 6/25/2018 City of Palo Alto Page 1 Summary Title: Adoption of a Resolution for Lalo Perez Title: Adoption of a Resolution of the Council Expressing Appreciation to Lalo Perez Upon his Retirement From: City Manager Lead Department: Administrative Services Attachments:  Attachment A: Resolution Resolution ADOPTION OF A RESOLUTION OF THE COUNCIL 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 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. NOW, THEREFORE, LET IT BE RESOLVED, that the Council of the City of Palo Alto hereby gratefully records and extends its sincere appreciation to Lalo Perez for his dedication and excellent service rendered to the City. INTRODUCED AND PASSED: June 25, 2018 AYES: NOES: ABSENTIONS: ABSENT: ATTEST: APPROVED: _________________________ _____________________ City Clerk Mayor APPROVED AS TO FORM: _________________________ City Attorney City Manager