Dear Readers,
Under the former City Treasurer, the City of Ridgecrest, obtained the Certification of its Investment Policy in FY 05-06. It was due to be recertified this last June. Current City Staff failed to do. Yet they maintain on their Web Site that the investment policy still carries a current certification. This is in clear violation of APT Policy.
One has to wonder if there is a relationship between the departure of the previous Administrative Services Director/City Treasurer and the failure of current City Staff to obtain the certification as well as a number of other issues???
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