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City names chief financial officer

Jeffrey A. Yates has been appointed as the new chief financial officer for the City of Kansas City, Mo. Yates will begin Sept. 1.

Yates previously served as chief financial officer for the City of Lubbock, Texas from 2005 to 2008 and as director of fiscal policy and strategic planning for Lubbock from 2004 to 2005. Before arriving in Lubbock, Yates worked as a budget officer for the City of Portsmouth, Va., and as a management and budget analyst for the City of Virginia Beach, Va. Yates also has taught economics, accounting, business management, ethics, government and leadership courses.

“Jeff is a talented and proven financial manager who has effectively dealt with capital improvements projects, internal financial control measures, the annual budget process and enterprise fund rate issues, among other things,” said City Manager Wayne A. Cauthen. “Jeff was selected after a deliberate search process and will be a great asset to City staff, the City Council, the mayor and the community as a whole.”

As chief financial officer, Yates will be responsible for working with the city manager to implement the financial policies that have and will be developed by the City Council to address the City’s financial goals and objectives. He also will help implement and guide the City’s strategic business plan, as well as working directly with the business and earnings taxes, the City’s debt policy and City redevelopment projects.

Yates’ experience with the City of Lubbock includes overseeing multiple departments, developing the operating budget, making enterprise fund rate recommendations based on detailed rate models and advising the city manager.

Yates has a bachelor's degree in social science and education from Liberty University and a master's degree in public administration from Regent University.

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