Crumbo stepping down as finance director

Metro Finance Director Kevin Crumbo announced Thursday afternoon that he will leave office to return to his family investment firm.

Crumbo characterized his appointment to city office in September 2019 as a mission to help Mayor John Cooper balance Metro finances and asserted the mission is accomplished, citing that success and an ostensibly post-pandemic economy as a good time to pass on to his successor. During his tenure, Crumbo helped guide Metro through a $41.5 million budget shortfall and a subsequent pandemic that led him to model the spending plan that brought 2020’s 34 percent tax leap, which kept the city’s operating budget from being depleted.