Flynn to seek re-election to Fairfield finance board
Updated 12:39 pm, Wednesday, April 6, 2011
"The past few years have been financially challenging for Fairfield and the taxpayers." Flynn, a certified public accountant, said in a Tuesday announcement. "It is critical for Fairfield to address short-term financial hardships as well as continue to take the right steps to secure the town's strong financial position for the future. Sadly, we have all seen what happens when government, at all levels, does not take into consideration the long-term consequences of their current decisions."
Flynn has served as chairman of the Board of Finance for two years, and prior to that, was vice chairman for three years. He is currently senior vice president, chief operating officer and chief financial officer of Summit Business Media.
Among the accomplishments of the finance board that Flynn cited during his chairmanship are a lower rate of spending growth; reducing the requested annual operating budget by millions; implementing a long-term capital planning summit, and addressing long-term unfunded liabilities.
Flynn began his professional career as an accountant for Price Waterhouse, and previously served as senior vice president and CFO of Primedia Business Magazines and Media. In his various positions, he said he has overseen capital projects totaling over $125 million and has managed several debt and equity funding transactions that have raised over $250 million through financial institutions and the public markets.
"Fairfield is my family's home; I have a long-term commitment to our town," Flynn said. "We continue to need strong fiscal oversight and long-term financial planning to assure Fairfield's financial stability."
Flynn received a bachelor of arts degree in accounting and a bachelor of science degree in broadcast journalism from Syracuse University.