Letter: Tollett, The County is not losing $33,000 per month in investments
May 3, 2016
Reasons for calling off manager search
The County is not losing $33,000 per month in investments. According to Ms Christina Whitmer, County Treasurer: "Grand County is fully invested and we are not losing interest income." Currently we are selling securities as they are called or come due to maintain cash flow. We knew that would be the situation this year, and our Treasurer has done a professional job of informing us and of managing this. The Commissioners are working with Ms Whitmer and the County Attorney to revise and consolidate our investment policies, some of which needed updating.
All relationships take effort, and good working ones are seldom accidental. When I took the step of calling off the County Manager search, it was to ask us as Commissioners to work on ourselves as a leadership team. Being a team does not mean we think and vote alike, but it does mean we all need to agree on certain work processes. It was a very difficult call to make – and I made it. We are striving and making progress at improving working relationships among Board members. Our new County Manager deserves to be brought into a situation where they can perform their best, and the leadership needs to be agreed on what that is. The mechanics of reviewing applications never stopped. DOLA (Department of Local Affairs) is on the same timeline as before to get us candidates to interview. As leaders, sometimes the decision is easy, but often it is a much tougher call. It always means making the best decision for the County, and that is what was done here.
E Jane Tollett