ITD promotes Tolman

Longtime Idaho Transportation Department (ITD) Financial Controller Dave Tolman will become the department’s new chief administrative officer (CAO), replacing retiring CAO Char McArthur. Tolman has worked in state government for 32 years, including the last 20 years with ITD as controller. He will oversee the department’s business and support management unit, plus financial services, financial planning and analysis and Internal Review. Tolman has been responsible for financial reporting, revenues, expenditures, payroll and cost accounting. For the past two decades, Tolman has been the finance lead for the GARVEE and TECM bond programs and is knowledgeable in business processes and policies for all ITD programs. Beyond his role at ITD, Tolman currently serves on the State Controller’s Office Fiscal Policy Advisory Committee, Access Idaho Steering Committee for the State of Idaho and AASHTO’s standing committee on funding and finance. Nationally, he is well known for his financial acumen and is the sought-after expert in GARVEE bonding activities across the country. Prior to joining the department, Tolman worked for the Idaho Division of Financial Management and the Idaho State Controller’s Office. He holds a Bachelor of Science in finance from Brigham Young University and a Master of Business Administration from Boise State University.