Eric Ferry has been the Fiscal Officer for Miami Township since 1992.  Eric and his wife Mary have been Township residents since 1972, the year after their marriage.  They have a grown daughter, Jennifer, and one granddaughter, Malia, who is a senior at Milford High School, and who also reside in Miami Township.  The Ferry’s attend Milford Christian Church.

Eric has a wide range of leadership experience in both the private and public sectors.  He began his career in the private sector over 40 years ago as a cost accountant, later working his way up to Chief Financial Officer of a manufacturing company in the Fairfield area.

Eric holds a BS/BA degree in Accounting and an MBA in Business Administration from Xavier University.

A primary goal as Fiscal Officer is to maintain strong reserves.  Strong reserves are necessary for the following reasons:

  • They provide a conservative hedge against any economic down turns.

  • Strong reserves insure there are adequate funds to cover Principal and Interest Payments in future years.

  • They provide for future Capital Improvement needs without tax hikes.  (Reserves facilitate a pay as you go approach.)

  • The General Fund needs to maintain particularly strong reserves since it Backstops all other Funds.

Eric is very proud of his accomplishments as Fiscal Officer.  With the loss of revenue from reductions in the Local Government Fund, the elimination of the Estate Tax, and lower property values, expenses were reduced in order for the Township to remain Fiscally Strong.  This task required cooperation from all departments, and he has received that from everyone.

Eric believes small, local government is the most cost effective and efficient form of government existing today.  Townships are not allowed to impose earnings taxes on residents and, therefore, must depend on property taxes and bond levies for the majority of their revenue.  Citizens make the choices on the services they want by voting, which gets us back to a “grassroots” form of government.

Paid for by the Committee to Elect Eric Ferry, Mary Ferry, Treasurer, 5670 Willnean Drive, Milford, OH 45150
Phone 513-910-7989 or Email at Eric@EricFerry.org

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