Houston finance director Michelle Mitchell resigned last week, saying she wanted to re-enter the private sector after four years with the largest city in Texas.

Mitchell announced her resignation a day before Mayor Annise Parker asked city employees to volunteer to take a day off this month without pay. Houston is trying to fill a $30 million budget hole over the final six months of fiscal 2011.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.