Page 33 - CSD - PUD 02 28 19

Date: January 20, 2019

To: Human Resource Department

Re: Public Utilities Director

I am a Certified Public Accountant with over 30 years’ experience. I served as
Jefferson County Commission Assistant Finance Director and City of Birmingham

Finance Director for over 11 years where I was directly responsible for preparing
monthly, quarterly, annual financial reports and audits; and preparing and

monitoring operating and capital budgets. This experience was directly related to
financial reporting, budgets and ensuring that both entities were sound
financially.

I also served as Birmingham Water Works Board Assistant General Manager of

Finance and General Manager for over 17 years. During this time period, we
established a number of financial policies and procedures to ensure financial

stability. The water systems financial position improved significantly with the cash
on hand improving from zero days on hand to more than 270 days on hand,
ensuring operating and capital budgets were under budget, and bond rating

improved from A- to AA+.

I am pleased to submit my professional credentials because I can provide the
leadership and direction that your company need. Please consider my resume and

application for this position.

Sincerely,

Mac Underwood