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Updated: October 13, 2019 @ 8:55 am
October 13, 2019
The county is beginning a search to replace one of its top administrators.
John Wayne Ferguson: 409-683-5226; firstname.lastname@example.org or on Twitter @johnwferguson.
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I suspect a wave of relief swept through county financial offices now that the CFO has, in part, 'fallen on his sword' over the missing $500K.
Mr. Schuler,This is inaccurate. The CFO is the county budget officer and was in no way responsible for the loss of over $525,000. The offices responsible for losing such a large sum of money were the County Auditor's Office , the County Treasurer's Office, and the County Purchasing Agent's department - the departments tasked with paying invoices and releasing funds from the county. Commissioners Court is currently pursuing the bonds of these three offices to recover from the loss of those funds. Mr. Delac has been a great CFO and has helped cut our tax rate below the effective rate every year and awarding Galveston County with our first ever AAA bond rating. He will be missed and if we had it our way, he'd be remaining as our CFO.
Well said Judge. David was a great man to work with and we will miss him here at the City of Galveston.
If Mr. Delac was in no way involved in the loss, then i am mistaken, do apologize and wish him well in the future. However, by saying he resigned 'in part' to be with family, the article implies that other reasons may have been present. Furthermore, the title CFO strongly suggests that Purchasing, Audits, Treasurer and all other county financial departments should at least report dotted line to the CFO. Is this not the case? We are all furious at the loss of more than a half-million dollars as well as the finger pointing and ineffective investigations into what happened.
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