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The board approved minutes, consent items, a new secretary, the 2025 financial statements, the management representation letter, and the investment review for the period ending December 31, 2025. It also heard updates on staffing, a proposed reemployment ordinance, and future investment options, while unanimously moving forward with investing with Taurus and holding Bloomfield Capital for possible later consideration.
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This meeting mostly covered the retirement fund’s regular business and investment oversight. The board confirmed a new trustee, approved routine payments and reports, and accepted the yearly financial statements and accountant paperwork. It also reviewed how the fund’s investments performed and decided to move forward with one investment option while keeping another on the table for later. For residents, this means the police retirement fund continued its normal administration and investment monitoring without any reported disputes or major changes to benefits in this meeting.
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