For comprehensive financial information, please visit the City of Dallas'
Financial Transparency webpage.
Elizabeth Reich began her service as the City of Dallas’ Chief Financial Officer in September 2016. In this role, Elizabeth is accountable for the financial policy and operations of the nation’s 9th largest city, with an annual budget of over $3 billion. Elizabeth provides executive leadership for budget, procurement, risk management, accounting, investments, and managing some Federal grant funds.
In addition, Elizabeth was instrumental in brokering a pension compromise that saved the Dallas Police and Fire Pension after years of mismanagement, risky investments, and expansions of already generous features.
The City of Dallas employs over 13,000 dedicated people with a primary mission of serving the over 1.3 million residents of the City. Annual property tax values within the City of Dallas have grown each year since 2012, including an all-time high of 10 percent growth in 2016. Sales tax, also a key indicator of economic well‐being, has grown 82 out of the last 84 consecutive months, and has increased 4 percent in the last 12 months. The City of Dallas owns Dallas Love Field airport, which is home to Southwest Airlines, and the Omni Hotel in Downtown Dallas, connected to the Dallas Convention Center, an economic engine attracting tourists for both business and pleasure to Dallas. Unemployment in Dallas remains lower than both the Texas and national levels.
As the Chief Financial Officer for the City of Dallas, Elizabeth is responsible for the Office of Financial Services, the Office of Risk Management, the City Controller’s Office, and Business Development and Procurement Services. Elizabeth is proud to work with a team of 158 employees within these departments. Together, we strive to find innovative ways to serve our City customers and, by extension, to address the needs of Dallas residents. We purchase over $400 million in products and services annually. Dallas excels in its financial practices, and all of our annual budgets, since Fiscal Year (FY) 1999, have received a Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA). In addition, since FY 2005, our Comprehensive Annual Finance Report (CAFR) has received the Certificate of Achievement for Excellence in Financial Reporting from GFOA.
Prior to joining the City, Elizabeth enjoyed a 16-year career with the Social Security Administration, including serving as its Chief Financial Officer in 2015. In that role, Elizabeth was accountable for an over $940 billion program budget and an over $11 billion administrative budget. Elizabeth was also responsible for providing executive leadership for the following agency programs and operations: acquisition and grants; anti-fraud programs; budget; financial policy and operations; facilities and supply management; media management; quality improvement; quality review; records management and audit liaison; and security and emergency preparedness.
Elizabeth was born in Oklahoma and Dallas is her home. She received a Master of Public Administration from The American University in Washington, D.C. in 2000.