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Oversight committee moves annual report target to October; whistleblower raises concerns about omissions in recent report

Citizens General Obligation Bond Oversight Committee · May 24, 2021
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

Committee members agreed to push the annual oversight report timeline to October to allow FY20–21 data and pending audits to be included. A public commenter, Dr. Derek Kerr, urged the committee to investigate apparent omissions and a sharp increase in uninvestigated whistleblower complaints in the Quarter 2 report.

Members of the Citizens General Obligation Bond Oversight Committee agreed to adjust the schedule for their annual report to allow inclusion of fiscal year 2020–21 data and any audit/public‑integrity reports issued after the fiscal year close. Peg Stevenson of the Controller’s Office proposed a streamlined report with an executive summary, liaison paragraphs and high‑level charts; several members recommended moving review and approval from August…

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