Mark D. Alvarado, CPA
EDUCATION University of Southern California
Los Angeles, CA
Bachelor of Science in Accounting, 1983
Certified Public Accountant, 1988
State of California License
EXPERIENCE GOVERNMENTAL FINANCIAL CONSULTANT
2017 to Present
Assist governmental entities with many finance department responsibilities.
Services include creating and or overseeing the citywide budget process, the creation of capital improvement budgets, budget projections, budget and accounting review, year-end closing and audit preparation, debt financing including pension obliga tion bonds, pension cost analysis, organizational review of the finance department , General Fund long term forecasting, financial sustainability plans that in clude long term pension costs, fee and charge review and implementation, financial policy review and update, OPEB trust set up, and retiree medical plan alternatives.
Clients include:
City of Irvine
City of Ontario
City of La Verne
City of El Monte
City of Monrovia
City of San Gabriel
City of Santa Ana
Orange County Fair Association
City of Huntington Beach
CITY OF MONROVIA
1992 to 2016
Administrative Services Director /Assistant City Manager – 2009 to 2016 In conjunction with the City Manager, provided direct oversight and supervision of operational and/or functi onal areas of all City departments.
Mark D. Alvarado, CPA
2 This included reviews of all budgets with department heads, making recommendations related to their c ontent, financing, and implementation strategies with the City Manager.
Responsible for the overall financial strategy of labor negotiations with the City’s employee associations. Directed the Human Resources Manager to negotiate certain employee benefits and created the policy to have all employees pay a portion of pension costs. Gave direction to the Human Resources Manager on employee disciplinary actions.
Assisted and participated in the selection, evaluation, development and termination of City employees, and assisted in the execution of disciplinary action. Also worked with each department head to review staffing levels and make recommendations to the City Manager on any new staffing.
Worked with the Economic Development staff to maintain the Successor Agency properties, including gathering information for land use decisions, marketing available properties for sale, and worked with the State Department of Finance to let us keep our economic vision for land use.
Served as Interim City Manager for four months in 2012. In that time represented the Redevelopment Agency in mediation regarding a lawsuit over the sale/condemnation of certain property, saving the Agency $4 million. Also oversaw the dissoluti on of redevelopment agencies by the State, beginning the process of creating our Oversight Board and eliminating the seven funded positions.
In conjunction with the Human Res ources/Risk Management Manager, oversee all litigation claims against the City, including investigations, discussions with legal counsel, and any proposed settlement scenarios.
Administrative Services Director – 1996 to 2009
Full responsibility for all financial activities associated with general accounting, payroll, accounts payable, acc ounts receivable, utility billing, purchasing, and budgeting. Responsibl e for managing the City’s overall estimated $60 million annual budget, including the former Redevelopment Agency and the current Successor Agency. Presented to Council a balanced budget for 20 consecutive years. In 2009 coordinated with the City Manager a plan to reduce the City budget over $2 million due to the Mark D. Alvarado, CPA
3 economic downturn. Over three years, reduced staffing 20% and increased employee pension contributions.
Oversaw the financing and debt repayment of the City’s $33 million bonded debt, along with the Successor Agency’s $63 million in bonded debt.
Completed refinancing’s of all the Agency’s debt over the last 10 years.
Managed the City’s overall investment portfolio, ranging from $30 million to $40 million.
Oversaw the financial audit conducted by an outside CPA firm. Our audited financial statements received an excellence in financial reporting award for 20 consecutive years.
Before this, spent four years as th e Assistant Finance Director, from 1992 to 1996.
VICENTI, LLOYD & STUZMAN, CPA’s
La Verne, CA
1989 to 1992
Audit Supervisor
Responsible for planning and coordinating 300-700 hour audit engagements of local educational agencies and ot her governmental agencies. Duties entailed assisting in year-end closing of the financial records, developing budgets and forecasts, review of financial records, and the review of internal control policies and procedures.
BAKER & ROBERTS, CPA’s
El Monte, CA
1986 to 1989
Audit Supervisor
Responsible for performing detailed ex aminations of the financial records for governmental agencies. The financial records include the General Fund, all Special Revenue, Capital Project, Proprietary, Fiduciary, and Debt Service Funds.
Mark D. Alvarado, CPA
4 BEVERLY ENTERPRISES
Pasadena, CA
1984 to 1985
Tax Accountant
Preparation of $1 billion+ federal consolidated and 195 state and local income tax returns covering 47 states for health care company.
INTERNAL REVENUE SERVICE
Los Angeles, CA
1981 to 1984
Revenue Agent
Conducted income tax audits. Position entailed formulation of audit programs for corporate and individual income tax returns, interviews and settlement conferences with taxpayers and representatives.
COMPUTER
EXPERIENCE Proficient with Windows and all Microsoft Office programs.
AFFILIATIONS/
ORGANIZATIONS California Society Municipal Finance Officers Association Member since 1993; Board member 2000 to 2008; President 2006; Chapter Chair 1999 to 2003
Government Finance Officers Association
Member since 1996
City of Monrovia Employees Federal Credit Union
Board member from 2012 to 2019
Holy Name of Mary School, San Dimas
Finance Committee member since 2012; Chair since 2016 Festival Committee Chair 2011 to 2019
REFERENCES Furnished Upon Request