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LInda Chapman retires as Florence Finance Director after 21 years, looks forward to 'nexts' – NKyTribune

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LInda Chapman retires as Florence Finance Director after 21 years, looks forward to 'nexts' – NKyTribune

By Patricia A. Scheyer
NKyTribune reporter

Linda Chapman is about to close a chapter on her life as Finance Director in the city of Florence, a position she has held for the last 21 years.

She finished her last week, and though she is a little sad about leaving, a part of her is looking forward to the freedom that comes with not having to report to work at a certain time of the morning.

“This is the first time in years that I haven’t had to plan anything,” she said, looking over her desk full of papers, and computers with three screens. “From January to August things are really busy with taxes and the budget, then we have the property taxes in October, so I always took my vacation in November or December. I felt like this was the best time to retire, too.”

Chapman is from the west side of Cincinnati and she said the roots are strong there — “you never leave the west side.”

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Linda Chapman is finished with the city’s paperwork — she has retired after 21 years a Finance Director.

She attended McCauley high school and the University of Cincinnati and then became an accountant.

“I didn’t know what I wanted to do until my senior year in high school,” she said. “I always thought I would go into a dental or nursing field and I took classes that would help with those fields, but there were things I didn’t like about those fields. So I decided to go with numbers.”

She eventually found her way to Rankin and Rankin, where she worked for ten years, doing audits for different cities in the Northern Kentucky area.

It was while she was doing the June 30, 2002 audit for the city of Florence that she discovered a problem on the books.

“Things just didn’t add up,” she explained. “The numbers weren’t right.”

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Ron Epling had been the Finance Director for ten years at Florence, and Chapman knew him, so she worked the numbers over and over before she turned the evidence over to her boss at Rankin and Rankin, and the police brought charges against Epling for embezzling $4.9 million from the city.

Linda Chapman was hired as Finance Director in March of 2003.

“The embezzlement meant I started with a big mess,” she said. “The city was able to recover everything. It was bad, but it was up to me to come up with programs to install so that it never happened again. I put several safeguards in, and had to change all the systems over. It took about two years. So even though it was a big mess, it was a challenge for me, and I really like challenges.”

She said that the embezzlement was definitely the worst thing she had to deal with, but the result was the greatest satisfaction of her job, because she met the challenge and she fixed it. Governmental accounting is a special niche, she commented. Chapman said the people who work with her are very great to work with, the five ladies who work up front and her right hand man, Jason Cobb.

Through the years, she said she has had ups and downs, but her attitude is equanimical— most things ‘are what they are’ and she handles them with ease. Her philosophy is ‘one day at a time’, and she said she would come into work each day with the expectation of something good happening, something different, to make her smile.

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Without the job to come into, what does she want to do as the next step in her life?

“I have no clue,” Chapman said with a smile.

Her first idea is that she has yard work to do, as well as some gardening chores to take care of.

Gardening is one of her passions. Chapman has a large garden, the length of the side of her house, and garden boxes in the back of her house.

“I grow green beans, tomatoes, zucchini, peppers, cucumbers, and a lot more,” she said. “Gardening is my stress relief.”

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She is not a person who travels a lot. She likes to take her annual vacation to Pigeon Forge, an area she loves, but she has no sites she wants to see, like Mount Rushmore, or Hawaii.

“I don’t want to spend that much time in the air,” she explained about visiting Hawaii. “And I don’t want to go on a cruise. I can just picture me on a boat that becomes Titanic number two.”

Chapman has plans to go to Opryland for their Christmas extravaganza. Another passion she enjoys is Christmas.

“I am a big Christmas person,” she said, pointing to pictures of her decorated yard. “My yard isn’t that big, but I squeeze it all in.”

The lights and inflatables cover every available inch of yard, and she said it is such a glorious site people stop in front of the house to take it all in. It does take awhile to put it all up and take it all down, but she doesn’t mind.

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“Inside, I put up my tree at Halloween, and during the time while I hand out candy, I also decorate the tree,” she said, laughing. “I love my Christmas decorations!”

She also decorates her office, and her co-workers like to decorate, so that tradition will continue.

Chapman loves to do jigsaw puzzles, and she said her minimum puzzle is 1000 pieces. She showed pictures of her special setup for puzzles so she can concentrate on them and not lose any of the tiny pieces.

“I do a lot of puzzles, and one of the worst ones I have done was candy canes,” she pointed to a picture that showed a massive amount of striped candy canes. “Another one that was challenging was one with pictures of rolls of toilet paper. I finished it, though, even though it took about a month, and I had to get new lighting. I haven’t met a puzzle I haven’t finished yet.”

Chapman feels she has enough to keep her busy through the end of the year, but she understands that when January gets here, she might reach a point where she looks around and there is nothing to do.

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“I will still take it one day at a time, but I will be looking for different challenges, different things to fulfill me,” she said. “I have no doubt I will find things. I would like to get a better exercise regimen, to add to my walking.”

Chapman said her mom and dad live in the same area, and she has two brothers and a sister who live relatively close, so she knows she will be getting together with family a lot.

She always thought she might like to have a dog, but she hasn’t had one since she was a child, largely because she didn’t feel that she had the time that a dog requires, but she is now thinking about pet ownership.

“I figure I will take a breather, and then keep on keeping on, stay busy and keep my mind fresh,” she ventured. “I think it’s kind of exciting to see what’s going to develop out there. If something comes up, I can take advantage of being spontaneous. I am looking forward to it.”

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Finance

Spanberger taps Del. Sickles to be Secretary of Finance

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Spanberger taps Del. Sickles to be Secretary of Finance

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by Brandon Jarvis

Gov.-elect Abigail Spanberger has tapped Del. Mark Sickles, D-Fairfax, to serve as her Secretary of Finance.

Sickles has been in the House of Delegates for 22 years and is the second-highest-ranking Democrat on the House Appropriations Committee.

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“As the Vice Chair of the House Appropriations Committee, Delegate Sickles has years of experience working with both Democrats and Republicans to pass commonsense budgets that have offered tax relief for families and helped Virginia’s economy grow,” Spanberger said in a statement Tuesday.

Sickles has been a House budget negotiator since 2018.

Del. Mark Sickles.

“We need to make sure every tax dollar is employed to its greatest effect for hard-working Virginians to keep tuition low, to build more affordable housing, to ensure teachers are properly rewarded for their work, and to make quality healthcare available and affordable for everyone,” Sickles said in a statement. “The Finance Secretariat must be a team player in helping Virginia’s government to perform to its greatest potential.”

Sickles is the third member of the House that Spanberger has selected to serve in her administration. Del. Candi Mundon King, D-Prince William, was tapped to serve as the Secretary of the Commonwealth, and Del. David Bulova, D-Fairfax, was named Secretary of Historic and Natural Resources.


This work is licensed under CC BY-NC-ND 4.0

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Stories posted on Virginiascope.com are available for publications to republish in their entirety for free.

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Bank of Korea needs to remain wary of financial stability risks, board member says

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Bank of Korea needs to remain wary of financial stability risks, board member says

SEOUL, Dec 23 (Reuters) – South Korea’s central bank needs to remain wary of financial stability risks, such as heightened volatility in the won currency and upward pressure on house prices, a board member said on Tuesday.

“Volatility is increasing in financial and foreign exchange markets with sharp fluctuations in stock prices and comparative weakness in the won,” said Chang Yong-sung, a member of the Bank of Korea’s seven-seat monetary policy board.

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The won hit on Tuesday its weakest level since early April at 1,483.5 per dollar. It has fallen more than 8% in the second half of 2025.

Chang also warned of high credit risks for some vulnerable sectors and continuously rising house prices in his comments released with the central bank’s semiannual financial stability report.

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In the report, the BOK said it would monitor risk factors within the financial system and proactively seek market stabilising measures if needed, though it noted most indicators of foreign exchange conditions remained stable.

Monetary policy would continue to be coordinated with macroprudential policies, it added.

The BOK held rates steady for the fourth straight monetary policy meeting last month and signalled it could be nearing the end of the current rate cut cycle, as currency weakness reduced scope for further easing.
Following the November meeting, it has rolled out various currency stabilisation measures.

The BOK’s next monetary policy meeting is in January.

Reporting by Jihoon Lee; Editing by Jamie Freed

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Finance

Mike Burkhold: A Blueprint for South Carolina’s Financial Future – FITSNews

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Mike Burkhold: A Blueprint for South Carolina’s Financial Future – FITSNews

“I am running because the system needs to be fixed and I have the skills and mindset to do it…”


by MIKE BURKHOLD

***

Earlier this month, at the invitation of Virginia Secretary of Finance Steve Cummings, I spent a full day in Richmond meeting with leaders from across that state’s financial infrastructure. These were not ceremonial handshakes. These were working meetings — substantive, focused and highly instructive.

I met with teams overseeing budgeting, taxation, regulatory oversight, accounting and administration. What I found was a modern, integrated and disciplined approach to managing public money. And it made me even more certain of one thing: South Carolina is ready for change.

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***

TEAMWORK AND TALENT MATTER

What stood out most in Virginia was the cohesion. From top to bottom, everyone I met shared the same mission — being responsible stewards of the taxpayers’ money. No silos. No blame games. Just a united focus on efficiency, transparency and performance.

That mindset doesn’t happen by accident. It is baked into the culture. The Secretary of Finance meets quarterly with department heads to review budgets, resolve audit findings and keep teams on track. There is accountability at every level. And it works.

That is what I want to bring to South Carolina. As Comptroller General, my job is to revitalize and modernize a critical finance function and to do it in close partnership with the legislature, the governor and the treasurer. I want to build an office that operates with precision, earns trust and gives lawmakers the clarity they need to govern wisely.

***

THIS IS BIGGER THAN ONE SEAT

I am not running for this office because I want a long political career. I am running because the system needs to be fixed and I have the skills and mindset to do it.

If part of that fix means rethinking whether this seat should remain an elected position then I welcome that conversation. In other states like Florida, voters elect a Chief Financial Officer with broad oversight. In Virginia, the Secretary of Finance is appointed by the governor and oversees all fiscal functions. Either model can work – but both reflect a commitment to modern coordinated financial management.

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What matters most is that we have a structure that delivers results and earns the public’s trust. That structure needs to be part of a bigger conversation focused on delivering value to citizens – not maintaining fiefdoms or political turf.

***

RELATED | S.C. ‘REPUBLICANS’ REBUFF TRUMP ON REDISTRICTING

***

PUBLIC SERVICE STARTS WITH LEADERSHIP

One of the most inspiring parts of my trip was seeing the caliber of leaders who had left high-paying private sector roles to serve the people of Virginia. They brought with them a culture of excellence and a belief that good government is possible when the right people step forward.

We have that kind of talent in South Carolina. We just need to encourage more of it. I am stepping up because I believe in servant leadership. I see a seat that has not been led this way in a long time and there is a lot to fix. Not just the systems and operations but also the teamwork and coordination across agencies.

My goal is not what is best for Mike. It is what is best for South Carolina. I want to rebuild the Comptroller General’s office into a trusted partner, a respected institution and a model for modern financial leadership. Then I want to help figure out what structure will best serve the next generation.

***

A MOMENT OF OPPORTUNITY

The recent $3.5 billion error exposed just how outdated and fragile our current systems are. But we are not starting from scratch. We are starting from a place of strength. We have smart people, a strong economy and the will to do better.

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Now we need to modernize our expectations. We need to align talent. We need to redesign the systems that manage $40 billion of taxpayer money. And we need leadership that sees the big picture, listens well and gets the details right.

South Carolina’s future is full of promise. But to get there, we need to treat government finance with the same rigor, discipline and urgency as any top-performing business.

That is why I am running. Not to keep a seat – but to serve the mission.

***

ABOUT THE AUTHOR…

Mike Burkhold is a Republican candidate for comptroller general of South Carolina.

***

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