City of Flint hires new CFO
The city of Flint has hired a new chief financial officer with experience with troubled city finances.
Jody Lundquist comes to Flint from Benton Harbor, where she was the city’s finance director. Like Flint, Benton Harbor spent years being run by an emergency manager, appointed by the governor to fix the city’s money problems.
Benton Harbor exited direct oversight more than a year ago. Flint did the same a few months back.
Lundquist says there are a number of challenges facing Flint, including financial projections putting the city back in the red in two years. She says it’s the type of opportunity that “excites” her.
“I think the city of Flint is definitely poised to face those challenges,” Lundquist said.
Lundquist will be paid $95,000 a year for her work as CFO.