CHICAGO — Longtime Milwaukee Comptroller W. Martin “Wally” Morics retired late last year, handing the reins of the office that manages the city’s debt issuance to his longtime deputy Michael Daun until voters elect a new comptroller this April.

Morics early retirement from the position that manages many of Milwaukee’s fiscal affairs and serves, in effect, as its financial officer followed his spring announcement that he would not seek re-election to a sixth term. Longtime Comptroller James McCann hired Morics in 1976 and when McCann retired in 1992, Morics successfully ran to replace him.

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