Julio Valladares, 14-year treasurer of the Gahanna-Jefferson Public Schools, has announced he’s leaving the district to become treasurer of Newark City School.

Board president Beryl Piccolantonio said Valladares informed the board that he’s resigning effective July 1.

“Julio has been a valuable member of our team -- affable, hardworking and conscientious,” she said. “We appreciate the work he has done for our schools and community. We respect his decision and wish him the best.”

Valladares has served as the treasurer/chief financial officer for G-J since March 2003.

The board had approved a three-year contract for Valladares in February 2016.

His base salary was $127,114 plus $28,924 in benefits for a total annual compensation of $156,038.

The contract was effective until July 31, 2019.

When the board approved his contract Feb. 11 2016, Piccolantonio said, the board was happy to have the stability in the district.

She said the average tenure of a treasurer is three to five years.

Piccolantonio said the district was fortunate to have a treasurer committed to district activities and living within the district.

"The move to Newark is because I consider Newark my hometown," Valladares said. "Newark was the community who opened the doors for me to become who I am today and what an opportunity for me to give back to such community by serving as their city schools' treasurer."

In 2014, Valladares was recognized with the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for the FY2013 Comprehensive Annual Financial Report.

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

The G-J financial team also has been recognized with the Auditor of the State Award with Distinction.

In 2012, the district was recognized for the 20th consecutive year for excellence in financial reporting.

Valladares previously served as an assistant treasurer with Xenia Community Schools and as a fixed-asset accountant with the AAA Ohio Auto Club.

He received his undergraduate degree and master’s degree from Franklin University. Valladares is a member of the Ohio School Boards Association, the Ohio Association of School Business Officials and the Ohio Government Finance Officers Association, serving on their education committee.