July 09--HAMILTON -- The city of Hamilton announced Tuesday that it has hired a new director of finance -- a position that had been open since December 2012.
Thomas Vanderhorst, currently the finance director for the city of Loveland, will take over management of Hamilton's finances beginning in mid-August, according to city officials. Vanderhorst verbally accepted the position Tuesday, according to City Manager Joshua Smith. He will be paid $118,000 annually plus benefits.
In addition to his experience in Loveland, Vanderhorst also spent two years as the revenue director for the City of Savannah, Ga., as well as 13 years in multiple positions for the City of Springfield in its finance department, according to a statement released by the city of Hamilton. Vanderhorst holds two degrees from Wright State University, including a Bachelor of Science in Financial Services, and graduated with honors with his Master of Public Administration.
"Tom's experience in governmental finance, in a community similar to Hamilton, will be a direct benefit to our organization," Smith said in the statement. "He is very passionate about enhancing revenues and minimizing expenses using process improvements and performance measurement tools."
The city has been searching for a permanent director of finance since Peg Bradner Hancock left the position on Dec. 1, 2012. Chief Finance Officer Ana Ramanathan served as acting finance director before former law director Hillary Stevenson assumed the role in January 2014. When Stevenson retired on June 30, Ramanathan resumed the responsibility. Ramanathan will remain chief finance officer, a position she has held for eight years, Smith said.
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