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Showing posts from August 31, 2014

Mayor Jones Establishes Working Group

~Funding options for schools is focus of finance experts~

Mayor Dwight C. Jones today announced that the following individuals have agreed to serve as part of a working group reviewing financing options for school needs:

Matt Grossman                 CFO, Health & Beauty Group, MeadWestvaco
Jeff Hemp                         CFO, Philip Morris USA & Director, Altria Client Services
Scott Hetzer                      SVP & Treasurer, Dominion Resources Inc.
Alma Showalter                VP of Tax, Dominion Resources Inc.

“I am grateful to these companies for their willingness to lend us these valuable human resources,” said Mayor Jones. “I’m asking that this group undertake an aggressive review schedule of financing options for schools needs, as I’m eager to chart a course of direction that will ultimately strengthen our school district.”

On August 18, 2014, Mayor Jones outlined a number of financing options the City could explore to support schools. These include:

a)    The use…