Ed Bedford 3:30 p.m., Oct. 16
- Joined: Aug. 21, 2018
- Gender: M
- Neighborhood: Oceanside
- Hometown: Oceanside
- Occupation: City of Oceanside City Treasurer
- Website: https://www.ci.oceanside.ca.us/g...
- Comments posted: 2 (view all)
- Votes: 1
- Last log-in: Nov. 1, 2018 | See activity
As the City of Oceanside's City Treasurer, I serve as the Treasurer for the City, Community Development Commission, the Oceanside Harbor District and the Oceanside Public Financing Authority. Oversee the day-to-day management of the City's $350-million-plus investment fund, ensuring this fund is protected, ample liquidity to meet the City's budgeted expenditures is maintained, and optimal investment income is generated within the parameters of prudent risk management. Serve on the Board of Authority overseeing the IRS Section 115 trust established as part of an initiative developed with the City Manager and the Financial Services Director to address the City’s growing pension liability. Attend and participate in all City Council meetings and work cooperatively and collectively with the members of the City Council, the City Manager, the City Attorney, the City’s Financial Services Director, and manage and supervise Treasury Department staff. Coordinate and serve as the ex-officio presiding officer of the City of Oceanside Citizen Investment Oversight Committee. Plan, direct and supervise investment-related financial transactions of the City. Review and revise accounting procedures and practices in accordance with governmental accounting and audit standards; provide regular financial reports; and completion of quarterly and annual financial statements, prepare status reports; make presentations to the members of City Council, public groups, City staff, and other governmental officials; and ensure effective monitoring and regulatory compliance. With a population of 176,000 citizens, the coastal City of Oceanside encompasses 42 square miles and maintains a workforce of over 850 full-time employees, who administer 30 City parks, four community recreation centers, two municipal swim centers, two senior centers, two City-owned golf courses, 3.5 miles of public beaches, a 1,954-foot pier and a 1,000-slip public marina.