Virginia Local Government Finance Corporation

VML/VACo Finance is incorporated in the Commonwealth of Virginia as the Virginia Local Government Finance Corporation (VLGFC), a Virginia non-stock, not-for-profit corporation. VLGFC is the program administrator for all of VML/VACo Finance’s programs as well as the VACo/VML Pooled OPEB Trust, which was established under the trust agreement of participating local governments. As program administrator, VLGFC represents local government officials in making recommendations on such matters as approval of financing and bond resolutions, selection of service providers and contractors, and program rules, fees, and timetables. The VLGFC Board of Directors is comprised of eleven members nominated by the leadership of VML and VACo.  Roger C. Wiley, of Hefty & Wiley, P.C., is General Counsel.

Virginia Local Government Finance Corporation
Board of Directors – 2017-2018

C. James Ervin, President

Town of Rocky Mount

Michael Johnson, Vice President

Southampton County

Gary G. Adkins

IDA of Stafford Co. & Staunton, VA

Trish Davidson

Rockingham County

Thomas Foley

Stafford County

Michelle Gowdy

Virginia Municipal League

Michael G. Hamp

City of Waynesboro

Gary Larrowe

Botetourt County

Dean A. Lynch

Virginia Assoc. of Counties

Stephen F. Owen

City of Staunton

Barry W. Thompson

Town of Vinton

VLGFC Board Documents