Issues & Experience
Torrance has long been a place where many are proud to call home. This is mainly due to the fact that Torrance is one of the Cleanest and Safest cities in California. It is also a place that is often listed among the best places to retire in California. It is well organized, well managed, and is one of the only full service cities in the South Bay. All these beautiful attributes don't happen by chance.
The Council Council, City Manager, Treasurer, and Staff, have to all work diligently to help maintain a certain level of fiscal responsibility, accountability, transparency, and vision.
As your next City Treasurer I will work hard to help maintain fiscal discipline, transparency, accountability, and have an open mind to the vision of what Torrance may look like in the future. As Treasurer I will always keep an open line of communication with the public, management, and city council. The City Treasurer is mainly an oversite position, but I promise to bring more to the table than just oversite. Many of the current investments have long been established and are heavily regulated by State and Federal Law. My job will be to ensure we meet all legal requirements and deliver comprehensive monthly and quarterly reports. After seven years of being on the city council, I have grown accustomed to going through the reports and understanding the numbers. It is basic functions on the surface but much work is dedicated to researching new laws that may effect the way we can or cannot invest and operate. The bottom line, the City Treasurer is there to ensure compliance and maximum return with minimal risk.
My background in business with managing four offices and 185 employees has given me first hand knowledge in operations.
My background in managing over $60 million in holdings has given me the experience in budgeting.
But most of my experience that makes me qualified to be your next Treasurer came from being on the City Council for the past seven years, (On the Job Training). I have been involved with many aspects of our budget and have an in depth understanding of our finances. I have been involved in both long term and short term planning for the future. Our CalPERS unfunded pension liability is one of my top concerns for the future, for the short term, I am worried about the fluctuations in our sales tax revenue and dependency. Serving on the council has given me a better understanding on the ways a Treasurer and Council work together. In the end it's not just about numbers, it's about truly understanding our roles and the ways we can continue to improve Torrance.
Ultimately, my job will be to keep Torrance out of trouble and fiscally sound.
