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Council approves $500,000 appropriation for outside investigation despite reserve concerns
Summary
The council voted 4–1 on Dec. 16 to authorize $500,000 for special legal counsel, a forensic audit and related services tied to an ongoing investigation; staff warned the appropriation could reduce general-fund reserves below the recommended 18 percent.
The West Covina City Council on Dec. 16 approved a $500,000 budget amendment to fund outside legal counsel, a forensic audit and other services tied to an ongoing investigation. The motion passed 4–1, with Mayor Pro Tem Contos voting no.
Finance Director Karen briefed council members that two months of invoices for outside counsel and related services totaled approximately $150,000 and that the requested $500,000 is intended to cover remaining costs through the investigation. She said hourly rates and the scope of services appear to be in line with market norms, but…
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