Bobby Arnold is the new director of finance, auditing and budgeting for the City of Jackson.
He replaces Karen Bell, who took a similar position in the Madison County Finance Department as finance director.
Bobby Arnold left his position as the director of development at the University of Memphis Lambuth, where his role was specifically concentrated on building relationships with individuals, corporations and foundations in support of the UofM Lambuth’s highest priorities.
A Jackson native, Arnold – who could not be reached for comment – was previously employed by West Tennessee Healthcare for 31 years.
He served in a number of roles, including controller, chief financial officer and chief executive officer.
The Finance Department oversees the security and management of the City of Jackson’s financial and property interests and the collection of most revenues, including property and business taxes.
The Department helps the Mayor to prepare, implement and monitor the City’s annual capital and operating budgets. The department also plans and executes the issuance of bonds and other financing mechanisms available to municipalities.
In addition to supervising the collection of taxes and other revenue, the Finance Department handles the treasury functions of the City. This includes investment of idle funds that the City may have and payment of all debt service.
(PHOTO: Bobby Arnold)
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