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DeKalb announces new finance director

Published: Thursday, July 10, 2014 1:56 p.m. CDT • Updated: Thursday, July 10, 2014 11:30 p.m. CDT
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Cathy Haley

DeKALB - The finance director for the village of Carpentersville is headed to DeKalb.

Cathy Haley, a graduate of Northern Illinois University, will begin her new role as finance director in DeKalb on Aug. 4, DeKalb officials announced Thursday. She takes over for Assistant City Manager Rudy Espiritu, who has been serving as interim finance director since Lisa Pisarcik resigned from her post in March. 

"This is a great opportunity for me to build a standalone finance department that [DeKalb] really hasn't had in years," Haley said. "That is a unique thing for a finance director to be able to accomplish."  

Haley has been the finance director in Carpentersville for the last two years. Prior to that, she spent 10 years in Roselle as assistant finance director and seven years in West Dundee as a treasurer and accountant.

Her new role will include monitoring the city's cash flow by overseeing purchasing, accounts payable and receivable, water billing and tax collection, as well as preparing the city's budget and audit. She will also help with the hiring of two vacant positions in the finance department.

There were a total of 13 people who applied for the position, City Manager Anne Marie Gaura said.

"Cathy [Haley] was the top candidate, and even if it was a much larger pool, I am confident she still would have been the top candidate," Gaura said. "She is coming in at a time where there are a number of financial issues and challenges we are beginning to address. With her background in key positions, she will be able to hit the ground running."

Mayor John Rey agreed.

"Cathy [Haley] has some excellent municipal finance experience," he said. "I was pleased to see the transparency in her past experiences from a control and reporting standpoint, and look forward to her bringing those skills to our team in DeKalb."

Pisarcik resigned March 7 after more than three years as finance director. That same week, Gaura announced two financial consultants from GovTemps USA would review the city's financial policies and procedures at a cost not to exceed $45,000.

The financial consultants also assisted in the interview process for the new finance director. The majority of their work with the city ended June 30, and they will present a summary of their work to the finance advisory committee on Aug. 20.

Finance director since January 2011, Pisarcik received more than $9,000 for accrued time off as part of a separation agreement between her and the city. The city also spent more than $166,000 last month as a part of separation agreements to sever ties with three building department employees. 

Haley said she was aware of the recent changes within the city. 

"That didn't stop me from applying," she said. "I am looking forward to the challenges, good and bad. I've heard a lot of positive things and the people have been wonderful. This is a great opportunity."

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