New Manager Migoya Says Hes Aboard To Help Fix Miami By Upgrading Finances Then Help Pick His Own Successor
Written by Miami Today on March 18, 2010
Longtime banking executive Carlos Migoya — Miami’s new, free city manager — has a one-track mind. He says he isn’t here to pander or prove anything. He’s here to get the financially foundering city back on solid ground, then help find a successor.
"I have no political agenda. I don’t know anything. I don’t have any ties to anyone," Mr. Migoya says. "All I want is a betterment of the city for its taxpayers and its employees."
Amid a rash of shakeups at the top, Mayor Tomás Regalado tapped the veteran banker to take over at a crucial time.
Though Mr. Migoya would not quantify the city’s budget deficit, it’s been reported in the $20 million to $45 million range. And, the city is facing $892 million unfunded pension liabilities.
Mr. Migoya is focusing on a few core solutions: labor concessions and other recurring savings, one-time income infusions and long-term revenue gains.
Just more than a week into his new gig, Mr. Migoya sat down with Miami Today staff writer Risa Polansky to talk strategy in his new City Hall office — which already had his name on the door. To read this profile article in its entirety, subscribe to Miami Today’s E-paper. With the E-paper you will be able to read the entire contents of Miami Today online exactly as it appears in print. Or order this issue, to receive a regular printed copy of this week’s Miami Today. You may also subscribe to the printed edition of Miami Today to receive the newspaper every week by mail.