VML/VACo Finance Staff

VML/VACo Finance staff is responsible for management of the day-to-day operations of the finance programs. Think of us as an extension of your own staff, working for you. With our breadth of experience, we are always available to discuss finance-related issues, whether they involve financing, accounting, or determining where to turn for specialized advice and information.

Robert W. Lauterberg, Managing Director

Lauterberg has served as Managing Director since the program’s inception in 2003. Previously, he was Executive Director of the Virginia Resources Authority (VRA), 1998-2002, during which he led the creation of VRA’s Pooled Loan Bond Program. Lauterberg’s financial experience includes serving as State Budget Director, 1994-1998, and in various management capacities for the Bell Atlantic Corporation, 1985-93. He is a former member of the Boards of Directors of the Council of Infrastructure Financing Authorities, the National Association of State Budget Officers, the Virginia Information Providers Network, and the Board of Visitors of George Mason University. In addition, he has served as a member of the Virginia College Building Authority and Virginia Debt Capacity Advisory Committee and currently serves on the Board of Directors for Rural Economic Development Financial Services, Inc., the loan fund program subsidiary of the Southeast Rural Community Assistance Project. Lauterberg has a B.S. degree, with a major in economics, from the University of Florida, and has an M.B.A. from the George Washington University.

Steven C. Mulroy, Deputy Director

Mulroy joined VML/VACo Finance in 2006, having served as a financial advisor with AXA Advisors. His previous public finance experience includes a combined ten years with Ferris, Baker Watts and Legg Mason Wood Walker. As an investment banker, Mulroy worked with a variety of tax-exempt borrowers ranging from municipalities to colleges to health care providers. He has successfully closed numerous bond issues, including insured, rated, and non-rated issues; fixed rate and variable rate bonds; and new money and refunding issues. He is a founding member of the National League of Cities Public Finance Consortium. Mulroy earned an M.B.A. from New York University and graduated with a BS in finance from Villanova University. He also successfully passed the Level 1 Chartered Financial Analyst exam.

Sheila S. Minor, Comptroller & Director of Financial Services

Minor has been involved in local government finance for over a decade. Prior to joining VML/VACo Finance in 2008, she was the Director of Financial Services for Prince George County, Virginia, a position she held for 5 years. Minor was a Revenue Analyst for Chesterfield County from 1999 to 2003. Minor is an active member of the Virginia Government Finance Officers Association. In addition to being a Certified Public Accountant, Minor holds a B.S. in Business Management and a Masters of Public Administration from Virginia Polytechnic Institute and State University.

Denise L. Sandlin, Accounting Consultant

Sandlin joined VML/VACo Finance in 2010, having previously worked in local government finance for the City of Danville.  Her experience includes serving as Director of Support Services for Danville Utilities, 2004-10, and as a Business Systems Accountant in the City Finance Department, 2003-04.   Sandlin specializes in financial reporting, budgeting, capital projects, rate analysis, and software implementations.  She holds a B.S. in Business Management from Central Washington State University; B.S. in Accounting from Averett University; and is completing a Masters in Accountancy from Liberty University.

John Sieg, Accounting Consultant

Sieg has extensive experience in all areas of local government finance including financial reporting, budgeting, capital planning, development analysis, and debt management. Formerly the Director of Finance for Caroline County, he retired in 2006 after a career of over 30 years in local government finance. In 2001, he was among the first group of government finance professionals to be awarded the designation of Certified Public Finance Officer by the Government Finance Officers Association of the United States and Canada (GFOA). For over 20 years, Sieg was a member of the Special Review Committee for the GFOA Certificate of Achievement for Excellence in Financial Reporting Program.