Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board introduces ordinance to reauthorize delegation of investment authority to Treasurer Hank Levy after hours of public comment
Summary
After extensive public comment both supporting and criticizing Treasurer Hank Levy, the Alameda County Board of Supervisors introduced an ordinance reauthorizing the board’s annual delegation of investment authority to the elected treasurer and voted unanimously to move the ordinance forward for adoption.
Alameda County supervisors voted on Dec. 9 to introduce an ordinance that would reauthorize the Board’s delegation of investment authority to County Treasurer Hank Levy.
The matter drew a long public‑comment period, with supporters saying the county’s investment pool showed strong returns and calling for immediate implementation of an Ethical Investment Policy. “The investment pool has generated close to $400,000,000 in income during the last fiscal year,” said Lori Weinstock, a longtime Alameda County…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
