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Van Pelt Garners CFO of the Year Award

Public Date: 5/26/2010 12:00 AM
Contact: Bill Mullan, Media and Communications Officer
Phone Number: 248-858-1048

Pontiac, MI, May 26, 2010 – Laurie Van Pelt, director of Management and Budget for Oakland County, is Crain’s Detroit Business CFO Awards Winner for 2010.

“When Wall Street recently reaffirmed the county’s AAA bond status, they cited our three-year budget process as the standard against which other governments around the nation should measure themselves,” said Oakland County Executive L. Brooks Patterson. “Congratulations to Laurie for bringing recognition once again to Oakland County through her hard work. It’s rare that a government CFO earns such recognition.”

Though her name is the only one on the award, Van Pelt shares credit with others in county government for her success. In an Interview with Crain’s, she said, “We have a great team here, and (the financial plan) couldn't be carried out without (County Executive L.) Brooks Patterson and the county departmental elected officials, who have to be willing to work with the county and adopt the sustainable practices we're developing.”

Van Pelt is part of the county’s Budget Task Force, which meets regularly to consult with Patterson and the other county-wide elected officials to make sure all departments are meeting their budget goals. Her Equalization Division constantly evaluates property values in Oakland County to make sure tax revenue estimates are on track with reality. Plus, the Department of Management and Budget always seeks the freshest economic forecasts to determine whether there are any substantial factors on the horizon that could impact her budget.

“Laurie is successful because she focuses on the facts,” said Deputy County Executive Bob Daddow, Laurie’s boss. “When our budget picture no longer conforms to the facts, she tackles it head-on and finds a solution.”

Van Pelt joined Oakland County in 1978. She was promoted to director of Management and Budget in 2002, where she has overseen the instituting of many cost-saving measures such as retirement incentives and accepted the challenge of creating a three-year rolling budget. Van Pelt, a West Bloomfield resident, is married and has two children.

For media inquiries only, please contact Bill Mullan, Media and Communications Officer,
at 248-858-1048.