Steve Lux
Chief Financial Officer @Chicago Park District
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WORK HISTORY
Chief Financial Officer @Chicago Park District
Lead the fiscal management of the Park District including the offices of Budget & Management, Comptroller, Financial Services, and Treasury.• Serve as Trustee for Park Employees\' and Retirement Board Employees’ Annuity/Benefit Fund. • Developed and implemented asset allocations, appointed asset managers and consultants. • Restructured the District’s investment portfolio to achieve a more diversified pool of investments yielding a greater return and entered into an Intergovernmental Agreement for transactional services.• Reduced the cost of healthcare by $.5 million annually via a self-insurance program.• Eliminated energy costs by 8% utilizing a wholesale arrangement by researching and securing more favorable rates.• Actively refunded debt obligations with savings exceeding $30 million and issued new debt for capital improvements.• Developed a program to improve boater relations of the District’s harbor system using various incentive programs. • Worked with the Comptroller’s Office to issue financial statements on a timely basis.• Participated in comprehensive labor negotiations with various labor union leaders and members.
EDUCATION
University of Illinois at Urbana-Champaign
B.S. in Accountancy
SKILLS
ABOUT STEVE LUX
Certified Public Accountant (CPA) with 30+ years of experience in financial operations…
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