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New finance director to review investment policy

In the past two years, the Finance Committee report at the end of each Havre City Council meeting has consisted of little more than committee Chair Allen "Woody" Woodwick saying something very similar to: "The finance committee met earlier today to review the manual claims and warrants. "

But not at Monday's meeting.

Not only did council president and committee member Andrew Brekke do the speaking, but he informed the council that the city's new Finance Director Doug Kaercher had provided some input, suggesting that the committee review their investment policy, something that had not been done in several years.

"They should look at it periodically, " Kaercher said this morning. "In the last few years, there hasn't been any reason to look at it. I just figured, with the new finance director, it was worth looking into, to make sure it still reflects the views of the council. "

The committee will next meet two hours before the next council meeting, as they usually do.

 

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