Longtime Mount Prospect financial director leaving for job in Texas

For more than 15 years, David Erb has handled the money of Mount Prospect's taxpayers.

As the village's finance director, he's worked to keep the town's budget balanced and reserves healthy through a Great Recession and periods of economic growth. In the process, he juggled complex issues as tax increment financing districts, pensions, bond issues and tax rates.

Now he will seek new challenges in Lewisville, Texas.

Erb announced last week he's moving to the Dallas suburb to serve as its director of finance. His last day at Mount Prospect village hall will be Thursday.

"As much as I've enjoyed the work, I've enjoyed the relationships that I have built," Erb said.

Mayor Arlene Juracek and village trustees took turns last week reading from a resolution that praised Erb's financial leadership and hailed his "positive leadership and calm demeanor, performing his fiduciary duties in an open and honest manner."

"Between the board and the finance commission, we have thrown some tough challenges your way, Dave, and you always rose to the challenge and found creative and financially solid and sound solutions to whatever challenges we threw your way," Juracek said.

An audience that included members of the finance commission delivered him a standing ovation.

Erb said he was unaware the board was going to pay tribute to him until stumbled across an agenda item while working with Deputy Finance Director Lynn Jarog on some other issues.

"I'm overwhelmed by the response to my departure," he said.

Jarog will take over Erb's duties in an interim basis. She'll also assume Erb's positions on the village's police and fire pension boards.

Erb said he went on a family vacation to the Dallas area last summer and found it intriguing. When he saw the opportunity in December, he looked into it and decided to take the job after touring the area and meeting with staff in Lewisville, a growing community of about 110,000 residents.