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Board moves to dissolve voluntary pool; delays broader restructuring of treasury oversight
Summary
After extensive debate about staffing and late filings at the Treasurer‑Tax Collector’s office, the Board approved rescinding the Voluntary Pool Participation program, and deferred action on dissolving the Treasury Oversight Committee and creating a new Investment Oversight Committee for further review and public input.
The Orange County Board of Supervisors on Feb. 24 approved rescinding the county’s Voluntary Pool Participation program and tabled, for further consideration, broader structural changes to treasury oversight.
The discussion followed public testimony raising staffing and management concerns about the Treasurer‑Tax Collector’s office and a staff summary of recent issues, including a delayed annual statements filing, high staff turnover and…
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