City forms investment committee to oversee city funds

City council members passed motion to create advisory committee for Hemet taxpayer dollars ■ By Taj Shorter / Reporter The City of Hemet has passed a motion to establish a committee to oversee the city’s investments. At a special meeting held on June 20, the city council voted to establish a committee to oversee the City of Hemet’s investments. Membership on the Investment Advisory Committee for Management Investment of the City’s surplus funds will include City Treasurer Judy Oltman, City Finance Director Lorena Rocha, Councilmembers Karlee Meyer and Linda Krupa, and a soon to be appointed finance advisor. The council also adopted a resolution approving the City’s Investment Policy for Fiscal

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