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Public commenter asks council for clarity on city's liquid assets and investment constraints
Saint Joseph City Council · October 16, 2023
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 public commenter asked the council for a report on how much liquid cash the city holds and highlighted constraints from conservative investment policy and segregated funds; staff said they would provide a figure and explained funds are divided across enterprise and special-revenue accounts.
During the public-comment period Pat Hickey (identified by the clerk as the first speaker card) urged the council to disclose how much liquid cash the city maintains and described an estimate of…
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