December 23, 2024

AT THE OTTAWA CITY COMMISSION STUDY SESSION, COMMISSIONER MIKE SKIDMORE NOTED THAT IT SEEMS THAT THE CITY HAS A LOT OF MONEY IN THEIR CHECKING ACCOUNT. HE SAYS IT WOULD PAY BETTER IF MORE MONEY WAS MOVED TO A SAVINGS ACCOUNT

SOME COMMISSIONERS EXPRESSED CONCERN ABOUT LOCKING UP MONEY FOR A LONGER TERM, BUT WERE OPEN TO DISCUSSING THE POSSIBILITY TO OPEN UP SOURCES OF REVENUE FOR THE CITY