Candidate Statement- Larry Stein for Oxnard City Treasurer

try arial, sans-serif;”>CandidatesCornerElect me, Lawrence Paul Stein, as the next Oxnard treasurer, in November. As a private citizen and a degreed accountant, with over 25 years’ experience in the private sector, I have been monitoring the city’s financial condition and reporting to the public, in front of the city council, my findings for the last 15 years. I have 3 goals to accomplish as your next treasurer.

Larry Paul Stein

Larry Paul Stein

  • RESTORE PUBLIC TRUST
  • RETURN HIGHER YIELDS
  • REDUCING OPERATIONAL COSTS

Restore public trust is what many members of the public are asking of me. Utility ratepayers and union leaders trust the numbers I provide, but cannot trust the numbers provided by city staff.

Return of higher yields of the city’s investments are necessary. Currently, the city is receiving less than 1% on its investments. The ratepayers and taxpayers are paying over 3% on city bonds. There is no reason why funds set aside for reserves cannot be set aside for 2 to 3 years and earn 3% to 4% interest yielding over $1,500,000 annually.

Reducing operational costs can be achieved by rejecting vendor invoices that are for services that are never provided. The treasurer is responsible for verifying that payments for services are correct.

OXNARD-4-LARRY-STEIN.COM


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