News Column

Former city finance chief Rascoe dies

June 17, 2014

By Rich Suwanski, Messenger-Inquirer, Owensboro, Ky.

June 17--Former Owensboro Finance Director Ralph L. Rascoe died on Sunday. He was 80.

Rascoe worked 34 years for the city. He started out as an accountant for the city before becoming personnel director, then finance director.

Under Rascoe's leadership, the Finance Department received the Certificate of Achievement for Excellence in Financial Reporting. He earned the award nine times. It was presented by the Government Finance Officers Association.

The award recognizes government units whose comprehensive annual financial reporting achieve the highest standards in governmental accounting and financial reporting.

Rascoe also served as the state representative for the Government Finance Officers Association.

"I went to work for the city in 1974 and Ralph was my first boss in the Finance Department," said Owensboro Mayor Ron Payne. "Ralph was a tremendous asset to the city. He worked this city through some pretty tough times. I learned a lot from Ralph and had great admiration for him.

"He was a great finance director and a really good person. This is sad for his family."

Payne said the city's flag has been lowered to half-staff in memory of Rascoe.

"He's a part of Owensboro's history," Payne said. "He was an icon. He influenced a lot of people and touched a lot of people's lives."

Former Owensboro Mayor Waymond Morris said Rascoe helped new city commission members get acclimated to the job, including Morris.

"When I became mayor, I learned to lean on Ralph quite a bit for his advice, particularly on the drainage issue because we had serious drainage problems at the time," Morris said. "He was an outstanding, dedicated city employee."

Rascoe served on the boards of the Elizabeth Munday Senior Center and RiverPark Center, among others.


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Source: Messenger-Inquirer (Owensboro, KY)

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