Breaking: Montpelier Finance Director Sarah LaCroix To Leave City for Private Sector Role
Table of Contents
- 1. Breaking: Montpelier Finance Director Sarah LaCroix To Leave City for Private Sector Role
- 2. Key Facts At A Glance
- 3. Why this Matters
- 4. Officials React And Transition Plans
- 5. LaCroix’s Own Statement
- 6. What To Expect Next
- 7. Context: Flood Recovery And Municipal Finance
- 8. External Resources
- 9. Evergreen Insights: Lessons For Municipal Leaders
- 10. Frequently Asked Questions
- 11. Questions For Readers
- 12. What constitutes a “credible source” for verifying personnel changes?
Montpelier,Vt. – The Montpelier finance director, Sarah LaCroix, Is Leaving Her Post To Join Sullivan Powers & Company, City Officials Announced Friday.
Montpelier Finance Director sarah LaCroix Confirmed Her Departure From City Hall, With Her Final Day Set For Dec. 19.
LaCroix Is Stepping Into A Role At Sullivan Powers & Company After Leading The City Through A Period Of Recovery And Fiscal planning.
Key Facts At A Glance
| Item | Detail |
|---|---|
| Individual | Sarah LaCroix |
| Current Role | Montpelier Finance Director |
| New Employer | Sullivan Powers & Company |
| Last Day | Dec. 19 |
| FEMA Assistance Secured | $5.15 million |
| MCRF Loan From Vermont bond Bank | $2.13 Million |
Why this Matters
LaCroix Played A central Role In Coordinating Federal Emergency Management Agency Assistance After The 2023 And 2024 Floods, Helping The City Secure $5.15 Million In Disaster Recovery Aid.
She Also Negotiated A $2.13 Million Loan Through The Municipal Climate Recovery Fund From The Vermont Bond Bank At A Low Interest Rate, Providing Critical Capital For Rebuilding Efforts.
Officials React And Transition Plans
Acting City Manager Kelly Murphy Praised LaCroix As An Indispensable Member Of The Leadership Team Who Guided Montpelier Through Tough Fiscal Moments.
City Officials Said They Will Announce Interim Arrangements Shortly To Keep The Budget Process And Day-To-Day Finance Operations Running smoothly.
Municipal Climate Recovery Funds Support Long-Term Resilience Projects And May Be Paired With Federal Assistance To Maximize Recovery Dollars. Learn More At FEMA And Vermont Bond Bank.
LaCroix’s Own Statement
LaCroix Said Serving the Community had Been An Honor And That Her Time In office Deepened Her Commitment To montpelier.
She Expressed Gratitude For Her Finance Team And For The Collaborative Leadership That She Said Left The City On Solid Financial Ground.
For Local Governments, Documenting Recovery Funding And Maintaining Transparent Records Builds Public Trust And Eases Leadership Transitions.
What To Expect Next
The City Will Provide details On Interim Coverage For The Finance Office In The Coming Days,Officials Said.
Residents And Council Members Are Expected To Continue Budget Discussions With Support From Finance Staff Who Remain In Place.
Context: Flood Recovery And Municipal Finance
Montpelier’s Recent Floods Required Coordination Across Agencies And Funding Streams, Including Federal Aid And State-Backed Loans.
Securing Both FEMA Assistance And An MCRF Loan Represents A Dual-Track Recovery Approach That Many Municipalities Use To Balance Immediate Needs With Long-Term Resilience.
External Resources
- FEMA – Federal Emergency Management Agency
- Vermont Bond Bank – Municipal Financing Resources
- Sullivan Powers & Company
Evergreen Insights: Lessons For Municipal Leaders
Strong Finance Leadership Is Critical During Crises And In Recovery Phases.
Investing in Cross-Departmental Trust And Clear Public Communications Helps Communities Weather Shocks And Maintain Fiscal Stability.
Other Cities Facing Similar Challenges Can Look To Combining Federal Grants With Low-Cost Loans To Spread Risk And Support Long-Term Projects.
Frequently Asked Questions
- Who Is The Montpelier Finance Director Leaving The City?
- Sarah LaCroix Is The Montpelier Finance Director Who Will depart City Service To Join Sullivan Powers & Company.
- When Is The Montpelier Finance Director’s Last Day?
- LaCroix’s Final day In Office Is Scheduled For Dec. 19.
- What Funds Did The Montpelier Finance Director Help Secure?
- the Finance Office Secured $5.15 Million In FEMA Disaster Assistance And A $2.13 Million MCRF Loan From The Vermont Bond Bank.
- How Will The City Maintain Finance Operations After The Montpelier Finance Director Leaves?
- The City Plans To Announce Interim Coverage And Maintain budget Work With Existing finance Staff.
- Why Is The montpelier Finance Director’s Role significant For Flood Recovery?
- The Finance Director Coordinates funding, Ensures Compliance, And Helps Translate Complex Financial Details For Officials And the Public.
Questions For Readers
What Priorities Should Montpelier’s Next Finance Director Focus On During Recovery?
Wich Local Finance Transparency Practices Do You Value Moast?
Disclaimer: This Article contains Financial Details related To Municipal Funding. It Does not Constitute Financial Advice. For Specific Guidance Consult qualified Financial Or Legal Professionals.
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What constitutes a “credible source” for verifying personnel changes?
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