Citizens Financial Advisory Committee members appointed by Board of Education


October 9, 2013 -- The Mentor Board of Education unanimously appointed three new members to its Citizens Financial Advisory Committee (CFAC) at last night’s regularly scheduled October meeting. The three new members are Michelle Kaplan, Eryn Medved, and Bernie Rykaczewski. Their terms begin immediately and run through December 2015.

The CFAC was formed by the Board of Education ten years ago to review forecasting assumptions, identify best financial practices, make periodic reports to the Board of Education and to serve as the audit committee. Any resident of the school district with a strong business background was eligible for consideration.

“We were very pleased to receive a high level of interest from the community to serve on the Citizens Financial Advisory Committee,” said Board of Education President Mr. William Shaw. “In the interviews, these three candidates stood out because of their extensive business and financial experience and demonstrated commitment to community service.

Mrs. Kaplan is a Certified Public Accountant and is the Assistant Finance Director for the City of Beachwood. She lives in Mentor with her family, including two children who attend Orchard Hollow. Mrs. Medved is currently the Vice President, Senior Credit Officer at Lake National Bank in Mentor, where she also lives with her family. Mrs. Medved has one child at Garfield Elementary, with a second set to begin kindergarten next school year. Mr. Rykaczewski holds the position of Vice President at Volk Optical in Mentor. He has lived in Mentor with his family for 17 years and has three children enrolled in Mentor Public Schools, Ridge and Mentor High School.

“We appreciate Mrs. Kaplan, Mrs. Medved and Mr. Rykaczewski’s willingness to volunteer their time and knowledge to benefit our school system,” said Board of Education Vice President Mr. Drew Sparacia. “As business leaders in our community, not only do they understand the importance of aggressive fiscal management of taxpayer dollars, they also have a vested interest in maintaining our district’s high academic performance to produce a quality future workforce.”

Mrs. Kaplan, Mrs. Medved and Mr. Rykaczewski join current Citizens Financial Advisory Committee members Janet Mulh, Pat Rositani, and Pam Trivisonno. Their terms were extended last night by the board of education through 2016.

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