My name is Steve Lockom, and I am running for Harbor Bay CDD Seat 4.
I graduated from New Hampshire College in 1978 with a Bachelor of Science degree in business management and a minor in Accounting. My junior year I was hired by United Parcel Service. I started out unloading tractor trailers. I delivered packages for 6 months before promotion into the accounting function as a supervisor. I was later promoted to manager, and then to staff level as District Controller.
I served as District Controller in the Central New York and Northwest Ohio districts. As Controller in Northwest Ohio, I was responsible for a district that billed $250 M per year. There were 1,200 regular employees that swelled to 1,700 during Christmas time. We had an annual budget that approached $200 M. I oversaw staff who handled all payroll, billing, collections, accounts receivable, COD processing, information services and general accounting.
After Northwest Ohio, I was promoted to Regional Director of UPS Professional Services for the Midwest Region which covered Michigan, Ohio and Kentucky. UPS Professional Services is the consulting arm of UPS that works with our largest customers, helping them integrate their systems into our network to make them more efficient.
When I moved to Mirabay in 2009, I set up my consulting firm Small Package Analysis Inc and assisted clients’ negotiations with UPS and Fedex.
In 2016, I was elected to the CDD Board. I served for four years. During my term, I worked as the Board liaison to negotiate the seawall contract. In August 2019, I signed that $16.8M contract. Additionally, I worked as liaison to acquire the bond to pay for the seawall. In August 2019, I signed a $30M bond which included $18.2M for the seawall (covering costs of the seawall, engineering fees and legal fees). The remaining $11.8M was used to refinance the original CDD bonds acquired to develop Mirabay. The refinancing of the original CDD bonds saved the community $325,000 in interest per year for a total of almost $4.4M over the remaining life of the original bonds.
I am proud to say, over the term of my service to the community, the non-debt assessments averaged $3.625M per year with the final year being assessed at $3.645M. My opponent has raised the annual assessment to $4.309M for fiscal 2024 with a corrected budget of $4,762M for fiscal 2025.
If you are ok with a $1.137M increase in annual fees over the last three years, then my opponent is your man.
If you want someone with a solid professional financial background and a proven record of not increasing rates over 4 years, then vote for me.