Charlotte City Manager Curt Walton is planning to retire at the end of the year, according to multiple city officials.
Walton, who was named manager in 2007 when Pam Syfert retired, led the city through the economic downturn mostly unscathed. He made a number of small cuts to balance the city’s budget, but the city was able to avoid large reductions that other cities nationwide had to face.
Earlier this year, Walton unveiled an ambitious $926 million capital plan that would have invested in the city’s low-income neighborhoods. But the plan failed to get council support and hasn’t been enacted yet.
The City Council is now trying again to pass a capital improvement program.
Walton was picked by council members in 2007 over Deputy City Manager Ron Kimble and former Assistant City Manager Keith Parker, who now heads up the transit system in San Antonio.
Walton couldn’t be reached for comment Friday morning.
Walton’s total compensation is just under $268,000.