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Treasurer highlights cybersecurity hire, Columbus attack response and market update
Summary
Treasurer T.J. Cusick described an agenda item recommending Christopher Crawford for a district position and outlined cybersecurity steps taken after a recent Columbus attack; he also briefed the board on bond market movements that could affect short-term district cash flow.
Treasurer T.J. Cusick told the board the agenda included the proposed hire of Christopher Crawford to fill a vacancy, and he tied that hire to the district's broader cybersecurity efforts following an attack on the city of Columbus.
Cusick said Crawford holds a degree in cybersecurity and will split time between a finance role and supporting the district's cyber work alongside Jeff Collins's team. "Make no mistake about it, this is an area where we can spend a billion dollars and still be vulnerable," Cusick said, describing cybersecurity as an ongoing priority prompted by recent events in Columbus.
Why it matters: The district framed Crawford's hire as both a financial staffing need and a reinforcement of cybersecurity training and employee awareness. Cusick said the district has worked with the Ohio Cyber Reserve and provided training and that adding Crawford will supplement those efforts.
Market context: Cusick also briefed the board on short-term investment risk tied to recent market shifts, noting that the yield on the five-year U.S. Treasury had fallen nearly a full percentage point in recent weeks and that rising unemployment expectations had led markets to anticipate faster Fed rate cuts. He said the district ladders investments but that ongoing rate moves could affect short-term borrowing or construction bills.
Board action: The personnel item was presented as part of the meeting agenda; the board later approved the consent agenda (items F2 through F14) by unanimous vote, which the administration indicated included routine personnel actions. No separate recorded roll-call vote specifically for Christopher Crawford's hire appears in the public transcript.
