Elmhurst, Ill. — Marilyn Gaston, Director of Finance for the City of Elmhurst, will retire from the City of Elmhurst effective May 2, 2016. Gaston has been credited for her financial guidance and leadership, which has impacted the City’s stable financial condition. Gaston has been working with the City since 1989 and has served as the City’s Director of Finance since 1991. In her role, she has provided direction to City Staff and Elected Officials regarding debt management and best financial practices, focusing on the bottom line of providing a high level of service while underlining the best use in taxpayer dollars.
Mayor Steve Morley states, “Marilyn’s leadership has been critical in the building of the City’s strong financial position. She has set a high standard for all of us to follow and will dearly be missed. We wish her nothing but the best in this well deserved retirement.”
Under Gaston’s leadership, the City has earned and maintained a AAA bond rating, the highest rating assigned to an organization, representing the City’s strong economy, powerful flexibility and performance, well built liquidity position and management. The City has received the Certificate for Excellence in Financial Reporting Award from the Government Finance Officers Association (GFOA) for the past 26 years, highlighting the user-friendly reporting of the City’s annual financial audit. In addition, the City has received the GFOA Distinguished Budget Presentation Award for the last 9 consecutive years.
With Gaston’s retirement, the City of Elmhurst also announces that current Assistant Director of Finance, Tom Trosien, will be promoted to Director of Finance. Trosien has worked for the City for 25 years, and has also played a vital role in the stable financial condition of the City.
“As the Assistant Director of Finance, Tom has shared the responsibility of leading the City’s finance department, and has shared the same passion and vision as Marilyn.” states City Manager, Jim Grabowski. “With 25 years of experience, I am confident that Tom is the right person for the job, and that the leadership transition will be a success. The City of Elmhurst finances remain in good hands.”