City of Lawrence’s Controller Jason Fenwick Named IBJ CFO of the Year Honoree

December 1, 2017

The Indianapolis Business Journal recognized City of Lawrence Controller Jason Fenwick as a 2017 Chief Financial Officer of the Year Honoree. He joined other area financial professionals honored by the IBJ at a ceremony at the JW Marriott Hotel downtown for his outstanding performance and financial successes in Lawrence this year.


“Among his many other achievements, Jason has done a tremendous job the last 23 months in getting the city’s financial house in order,” said Mayor Steve Collier. “In addition to the GFOA distinction earned earlier this fall, Jason has led a team of professionals who have helped us achieve improved bond ratings with Standard & Poor’s which translates into tax dollar savings,” he said.


Fenwick said the S&P upgrade from A to A+ for the city and the water utility’s upgrade from junk to BBB are important steps in the fiscal restoration for Lawrence.  He said with the utility bond upgrade, the utility was able to refund its existing bonds, saving over $2.5 million over the life of the bonds, or approximately $230,000.  The annual savings will allow the utility to increase its planned capital improvements.


Balanced budgets were presented in 2016 and 2017 by Fenwick and his staff,  he initiated an internship program for collegiate finance majors, and has developed a handbook for employees to standardize procedures for the city. “Jason continues to find ways to conserve our funds and continue to provide services to our residents,” Collier said.


The unique challenge in municipal government finance, Fenwick said, is “Providing increasing demands for service from the public while revenues remain essentially flat.”


Fenwick and his wife Jessica have three children and reside in Lawrence.


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