Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Investments topic
No spam. Unsubscribe anytime.
SJS/Charles Schwab gives Village of North Baltimore brief on investment accounts
Summary
Kirk Ludwig of SJS/Charles Schwab updated the Village of North Baltimore Committee of the Whole on June 3, 2025, saying SJS manages village funds as they mature and answered council questions about the accounts.
Kirk Ludwig of SJS/Charles Schwab provided a brief update on the village's investment accounts at the Committee of the Whole meeting June 3, 2025. Ludwig said SJS invests village funds as they mature and took questions from council and staff about the accounts and strategy.
The presentation was delivered early in the meeting after Council President Dee Hefner called the session to order and led the Pledge of Allegiance. Ludwig described account-management practices and confirmed that SJS handles reinvestment timing so that funds become available as needed.
Council members and staff asked follow-up questions; the firm answered questions about timing and account administration. No formal action or vote related to the investments was recorded during the meeting.
The committee continued with routine agenda items including public-works and utilities updates after the presentation.
