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Sumner County committee backs creation of purchasing and investment committees to tighten oversight
Summary
The Financial Management Committee voted to recommend creating separate purchasing and investment standing committees, each with five members and two representatives from the financial management committee, and asked staff to draft scopes and bring redlines to legislative for approval.
Members of the Sumner County Financial Management Committee voted to recommend that the county create two standing committees — one for purchasing and one for investments — to increase oversight and provide a more focused review of procurement and fund management.
"My motion would be to ask me on committees to form a purchasing committee and an investment committee for us," Speaker 2 said, proposing each…
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