Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council debates creating an investment advisory committee to review city portfolio
Summary
A first-reading ordinance would establish a consultative investment advisory committee to perform an annual external review of the city's investment performance and adviser; members split on creating a stand-alone body versus using the finance committee as the forum.
Council considered a first reading of ordinance 2025-22 to establish an investment advisory committee charged with an annual review of the city's investment performance, the investment adviser, and the city's investment policy statement.
Sponsor Gentile said the committee would be narrow, consultative and meet roughly once a year to provide expertise on bonds and fixed-income investments.…
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
