Bozanich Resigns as City Finance Director

YOUNGSTOWN, Ohio — David Bozanich, finance director for the city of Youngstown since 1993, submitted his letter of resignation Monday to Mayor John McNally. His last day of employment is Dec. 31.

Said Bozanich in his letter to McNally, “I appreciate the opportunities, professionalism and cooperation provided by yourself and City Council. It has been an honor to serve the city.”

The finance director has come under intense fire from The Vindicator, which has reported, citing information it obtained from Ohio Auditor David Yost, that he soon will be indicted in connection with the criminal case pending against developer Dominic Marchionda.

Bozanich has maintained his innocence. “I’ve done nothing wrong and time will tell,” he said  Oct. 3.

Marchionda has pleaded not guilty.

Yost’s office initiated the investigation that led to Marchionda’s indictment. It centers on how the developer spent city water and wastewater funds that helped finance his student housing and apartment projects in the downtown.

Responding to Bozanich’s resignation, McNally tells The Business Journal “his expertise in the finance end of City Hall over 30 years is not something that can be immediately replaced.

“Dave was a very big help to me in my term as mayor. He was very supportive and proactive on the amphitheater project. He had good relationships with City Council, Mitchell Joseph and the chill-can project, Valourec executives and so many others. I think his departure is going to present some challenges to the city.”

Mayor-elect Jamael Tito Brown has said his administration plans to conduct a national search to replace Bozanich, who could have continued to serve, according to the city charter, until a replacement is appointed and confirmed by city council.

In his letter of resignation, Bozanich said he is “hopeful that the programs and projects that have been implemented will have continued success. In addition, I am hopeful that the new administration will do well. I understand that the incoming administration is conducting a national search for my replacement. If I can be of additional assistance during this transition period, please contact me.”

Copyright 2024 The Business Journal, Youngstown, Ohio.