PHILADELPHIA – Mayor Kenney today announced the permanent appointment of Jacqueline Dunn as City Treasurer.
“Jackie Dunn has distinguished herself in a number of crucial roles with the City’s Finance Department, including her tenure in the City Treasurer’s Office,” said Mayor Kenney. “With the financial uncertainty brought on by the COVID-19 pandemic, the functions of the Office of the City Treasurer are more important than ever. Philadelphia is fortunate to have Jackie Dunn to lead these crucial operations.”
Dunn has served as Acting City Treasurer since September, 2020. Prior to that, she served as the First Deputy City Treasurer. As Treasurer, Dunn oversees the issuance of notes and bonds on behalf of the City’s General and Enterprise Funds, the City’s $9 billion outstanding debt portfolio, cash management and investments, and related policy issues. Since September, while serving as Acting City Treasurer, Dunn led negotiated pricings for the Airport and Philadelphia Gas Works Revenue and Revenue Refunding Bonds. The refundings generated over $90 million in net present value savings.
“I am humbled by the opportunity and look forward to helping the City navigate the financial challenges posed by the pandemic,” said Jacqueline Dunn. “The City has taken significant actions over time to strengthen reserves and address our unfunded pension liability, improving our resiliency heading into the downturn. I’m proud to have been a part of that and will continue working to ensure that the City has access to low cost capital for critical investments.”
Dunn began with the City’s Finance Department as an Assistant Finance Director in 2014. In 2016, she was appointed Chief of Staff to the Director of Finance. The Office of the Director of Finance oversees all financial, accounting, and budgetary functions for the City. Dunn also serves as the Finance Director’s alternate on the Philadelphia Board of Pensions and Retirement.
“Jackie has been an invaluable asset to the City and the Finance Department in each of her roles,” said Finance Director Rob Dubow. “We’re lucky that she’s agreed to take this role and I look forward to continuing to work with her.”
Prior to joining the City, Dunn worked for Public Financial Management and the Annenberg Public Policy Center. She has a Master’s in Governmental Administration and a bachelor’s degree in Political Science from the University of Pennsylvania.
Headshot available on request.