Michelle Byrde (on left) taking the oath of office on September 11
Loveland, Ohio – City Council has appointed Michelle Byrde as the City’s new Director of Finance. Byrde has been with the City of Loveland since
2012 and was appointed as Assistant Finance Director in February of 2015. She has also served as Acting Director of Finance multiple times. Mayor Bailey who administered the Oath of Office to Michelle said, “Michelle has served the City with commitment over the last several years as our Assistant Finance Director, this new position is a natural transition and we all look forward to working with her in this new capacity.”
Byrde’s annual base salary will be $80,000. Council agreed to purchase and to pay the premiums on a term life insurance policy equal to three times her base salary. Council also agreed to continue to provide hospitalization, surgical and comprehensive medical insurance for Byrde and her dependents as well as make required premium payments on behalf of Byrde for insurance policies for life, accident, sickness, major medical and dependents coverage group insurance covering her and her dependents. Coverage shall be the same as that provided to all other non-union employees.
Byrde replaces Peter Rancatore who resigned on August 14. Rancatore was being paid a base salary of $90,000.