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Dewayne Ray Woods | 407 Loma Avenue, CA. 95010 | Phone: 831-345-0588 | email: dewayneraywoods@gmail.com

• Seasoned financial manager overseeing an annual budget in excess of $1.5 billion, successfully increased
cash on hand from an average of $13 million to over $100 million.
• Managed County rating from a downgrade rating in 2003 to a stable AA rating in 2016, increasing General
Fund Balances from $31.8 million to $140.8 in the same period.
• Negotiated labor agreements fully implementing The California Public Employees’ Pension Reform Act
ahead of schedule gaining employee’s acceptance to contribute employee share towards pension costs.
• Created transparency regarding County costs for Medically Indigent Adults reducing unintended subsidies by
over $6 million annually while assuring access to medical services.
• Collaborated with community groups to establish mutually agreeable Transient Occupancy Tax sharing

agreements.
• Achieved favorable formula agreement with California Department of Finance regarding AB 85 Public
Realignment at risk, lowing County loss of funding by more than $8 million.
• Spearheaded major capital investments and revitalization of main government campus moving organization

towards utilization of historical facilities otherwise mothballed.

County Budget Director
County of Monterey (County Administrative Office—September 2005—March 2013)
• Responsible for the overall management of the CAO Budget & Analysis Division, including the development

of both administrative and fiscal policy recommendations, budget preparation, financial reports and
guidance to county departments; ongoing budget coordination, revision and monitoring activities;
management and research; review and approval of Board items.
• Restructured reporting and oversight both fiscally and administratively of County Hospital, which has

resulted in precise financial reporting and fostered organizational confidence in fiscal reports from both a
policy and financial perspective.
• Instrumental in the County Hospital turn-around taking the operations from an annual loss exceeding $24
million to an annual profit consistently over the last decade.
• Streamlined County fiscal reporting cycle connecting end of year results, current budgets, and forecasts

insuring transparency and a solid foundation from which elected representatives can make strategic
decisions.
• Built a competent team of Analysts, Finance Mangers and support staff through training, modeling,
delegation and inspection of results.
• Instituted new strategic financial policies such as pre-funding of Other Post Employee Benefits, designation
policy for termination benefits, allocation methodology for funding A-87 exempted liabilities, and self-
insurance policy and funding guidelines.
• Played a pivotal role in the County achieving an A3 rating from Moody's Investors Service with a "positive"
outlook, and an AA from Standard & Poor’s. S&P cited the County’s strong management practices, including
its "detailed three-year forecasting model, annually updated capital plans, and quarterly analytical reports
on financial and investment performance."

Finance Manager
County of Monterey (Office of the Public Defender—August 2000– September 2005)
• Oversight responsibilities in Payroll & Attendance, Overtime & Compensation, Workers Compensation, Staff
Performance & Evaluations, File Systems & Retention, Employee Relations & Interactions, Case
Documentation Standards, Client Contact Guidelines, Media Policy, Technology Upgrades & Training, Vehicle
Usage & Retention.
• Responsible for all budgeting and finance activities with the office of the Public Defender and Alternate
Defender.