Skip to main content

Snyder makes appointment, reappointments to Michigan Finance Authority

Thursday, Nov. 20, 2014

LANSING, Mich. – Gov. Rick Snyder today announced the appointment of Timothy Hoffman, of DeWitt, and the reappointments of Charlotte Edwards, of Flint, and JulieAnn Karkosak, of East Lansing, to the Michigan Finance Authority.

Established in 2010 and housed in the Department of Treasury, the seven-member Michigan Finance Authority offers effective, low-cost financing to public and private agencies providing essential services to the citizens of Michigan. No more than three members may be from the same political party.

“These appointees all have diverse professional backgrounds and I am confident they will use their experience and skills to benefit Michiganders across our state,” Snyder said.

Hoffman is executive director of regulatory affairs at Consumers Energy. He served as president of the Telecommunications Association of Michigan and as senior attorney at Dykema Gossett. He is a member of the Ingham County and State Bar of Michigan, American Bar Association, and served as a member of the Michigan Public Educational Facilities Authority Board. Hoffman earned a bachelor’s degree from Hillsdale College and a law degree from the University of Toledo. He represents Republicans and individuals with experience in education issues, including but not limited to, issues related to public school district, public community colleges, or public universities or relating to public finance and replaces David Mittleman.

Edwards served as vice president and community development officer for FirstMerit Bank for 13 years and has been with the company for almost 40 years. She works with the Urban League of Flint, Salem Housing Community Development Corp., Hurley Medical Center board of managers, Flint Local Initiative Support Corp. Local Advisory Board, and the Michigan Finance Authority. Edwards earned a bachelor’s degree from Johnson C. Smith University and a master’s degree from Central Michigan University. She continues to represent Democrats and residents of the state with experience in housing and community development issues or relating to public finance.

Karkosak is vice president and general counsel for Toyota Boshoku America Inc. She served as an attorney with Dykema Gossett. Karkosak earned a bachelor’s degree from Western Michigan University and a law degree from the University of Cincinnati. She continues to represent Independents and residents of the state.

Appointees will serve four-year terms expiring Sept. 30, 2018. Their appointments are subject to the advice and consent of the Senate.