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Pepper Pike council appoints Peter Rancatore as city treasurer and finance director
Summary
After serving as interim, Peter Rancatore was confirmed by the Pepper Pike City Council as treasurer and finance director in a roll-call vote; he thanked the council and said he looks forward to working with the city.
The Pepper Pike City Council on May 27 voted to appoint Peter Rancatore as the city’s treasurer and finance director after he had served in the role on an interim basis for several months.
The mayor introduced Rancatore’s appointment and a motion to confirm him; the motion passed on a roll call. After the vote the mayor said, “Peter, you’re official. Welcome.” Rancatore addressed the council, saying, “I want to thank the council for their vote of confidence. I look forward to working with you in the future.”
Council members praised Rancatore’s initial work during the interim period; the council’s finance committee subsequently referenced that the new director had reviewed monthly reports and highlighted revenue trends for the city. No dissent or abstentions were recorded in the meeting discussion on the appointment.
Rancatore will assume the duties of treasurer and finance director immediately; council members said they anticipate he will continue reviewing the city’s investment and cash-management practices in coming weeks.
