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Texarkana, Arkansas City Manager's Office
Harold Boldt
City Manager
After my days in U.S. Air Force Aviation, I completed my Master's Degree at the University of North Texas. I began my finance career in the private sector, afterwards, spending many years working in the public finance arena. I began with the City of Dallas, Texas, and ended my career, when I resigned as Director of Finance & CFO for the City of Little Rock, Arkansas to join Municipal Innovations Group. After several years of at a University Graduate School of Business & Technology, I returned to the Public Sector as a CFO, and now as City Manager for the City of Texarkana, Arkansas. My wife Alexandra is a Master Portrait Artist, and a retired Cardiac Nurse. Most of my spare time is spent fishing for trout, camping, or pursuing my hobby of astronomy.
I have over twenty-five years experience at the Director, CFO and Senior Executive level. I am known on a national level for having pioneered some complex and innovative financial arrangements; and I have a strong interest in the repair and creation of effective financial management systems. This experience as a CFO involved financial management of publicly owned utility services such as electric, water, solid waste, sanitary sewers, and transportation services (transit, airport, port facilities, and a short-line railroad for industrial development). As a result, I have been responsible for managing the long-range Capital and Financial Planning process, Bond Financing, and Portfolio Investment Management of several hundred million dollars. Often, I was called upon to develop financial and economic models which evaluated the sale-simulation of a publicly owned Electric Utility; public acquisition of numerous privately owned wastewater and water systems; and a short-line railroad for public ownership. Another example was the development of financial and economic models that evaluated the feasibility of purchasing or constructing park and recreation facilities involving theme park and leisure activities
Several years ago, my peers elected me to serve as an Executive Board member for the Government Finance Officers Association of the United States & Canada, which has 10,000 members. I am very proud of this honor. I also served as Board member for the Government Accounting Research Foundation, which funds the Government Accounting Standards Board.
As an Adjunct Professor at several Universities, I have taught graduate level courses in Public Administration, Corporate and Public Finance, Investments Management, Budgeting Theory and Analysis, U.S. Government & Politics, and Labor Relations. I have also written and published numerous articles dealing with public issues and finance.