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Resident files complaint over investment-manager reporting; urges council to exercise charter oversight
3549161 · May 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
A Flagstaff resident told the City Council he filed a complaint with the city attorney alleging a new contract limits council oversight of the city’s investment manager and cited previous investment losses documented in the city audit.
A member of the public told the City Council on May 27 that he had filed a formal complaint with the city attorney asserting that a recently approved contract with an investment manager conflicts with the council’s charter responsibilities for investment oversight.
“Today I provided a complaint…
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