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Tag: Andrew Cherullo

April
30th

Tacoma: City finance officials “cautiously optimistic” about latest favorable budget figures

Bucking a recent onslaught of grim finance news, Tacoma city officials announced Tuesday its past two-year budget fared $4.5 million better than expected, and its current spending plan so far is $3.7 million ahead of target.

But city finance officials also cautioned it’s too soon to call the positive numbers a trend.

“While favorable variances exist, as the budget officer, cautious optimism is required,” Tad Wille told the City Council Tuesday.

Despite the good news, Wille noted, the city still faces “difficult challenges” ahead – namely, a projected $30 million to $40 million shortfall in its forthcoming 2015-16 General Fund.

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Feb.
15th

Tacoma: City hires Andrew Cherullo, CFO of state’s health care authority, as finance director

The City of Tacoma has hired Andrew “Andy” Cherullo, the chief financial officer for the Washington State Health Care Authority, to be its next finance director.

“I’m looking forward to joining the team at the City of Tacoma,” Cherullo is quoted in a press release issued by the City on Friday. “I stand prepared to help the organization tackle its budgetary challenges, move in a positive direction and maintain financial performance during these challenging times.”

Cherullo is set to start his new job on Feb. 28  and will make $172,619 per year.  He will replace Tacoma’s Interim Finance Director Steve

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