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Posted on: September 20, 2019

M. Lynn Bachner to Return as Deputy Finance Commissioner

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City of Saratoga Springs
Office of the Commissioner of Finance
Michele Madigan, Commissioner of Finance


                                  FOR IMMEDIATE RELEASE:               For Contact:
                                  September 20, 2019                             Commissioner Madigan: (518) 587-3550 x 2577
                                                                                                                                        

***Press Release***

M. Lynn Bachner to Return as Deputy Finance Commissioner

Effective Monday, September 23, 2019, M. Lynn Bachner will be named Acting Deputy Commissioner of Finance for the City of Saratoga Springs, returning to the position she previously served for 8 years. She will be succeeding the current deputy, Mike Sharp, who has recently accepted an offer to become a Senior Investment Analyst at Rensselaer Polytechnic Institute in Troy, NY. Mr. Sharp's last day will be Wednesday, October 2.

“Mike has been a valuable asset to the City for the past two years, and I wish him success in his new position,” said Finance Commissioner Michele Madigan. “The City's current excellent fiscal standing, including our strong bond rating and well-funded reserves, is largely built on budgets that Lynn and I worked on when she last served as my Deputy. Having most recently worked as Executive Assistant to the Mayor, Lynn is well-versed on all of the City's projects and priorities, especially those that I have partnered with the Mayor on, such as the East Side Fire & EMS Station and our goal of finding a permanent home to Code Blue. The City has several clear priorities to address in the coming year, and I look forward to working with Lynn again as we finalize the 2020 budget and work on solutions that benefit residents across the City.”

Ms. Bachner has served as Executive Assistant to the Mayor since April 2018. She has previously served as Deputy Commissioner of Finance under two administrations. Ms. Bachner holds a BA from Hamilton College, and MA from Johns Hopkins University, and a J.D. from the University of Wisconsin.

“Mike Sharp has done a remarkable job as Deputy Commissioner of Finance, and will be an outstanding asset to Rensselaer Polytechnic Institute.  I am glad I can be of service to the City at this time, and look forward to a successful budget season”, stated Bachner.

Mr. Sharp has expressed that he is exceptionally proud of the work he has done for the City.

"I will be forever grateful to Commissioner Madigan for giving me the opportunity to work on a variety of projects that I am passionate about,” said Mr. Sharp. “I'd like to thank all the City employees I've worked with, especially those in the Finance and IT departments, for their help along the way. Throughout my tenure, I've spoken with Lynn regularly about the budget, and I have complete confidence that she and Commissioner Madigan will bring forward an excellent 2020 budget."

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