Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Strategy Discipline, Costs, and Liquidity
    • Goldman pitches hedge funds on strategies to bet against corporate loans
    • Large-Cap Funds Show Greater Resilience Than Flexi-Caps in 18-Month Market Slump
    • My Prediction: Prediction Market ETFs Will Be a Huge Disappointment for Long-Term Investors
    • Nationwide Target Destination Funds Q4 2025 Commentary
    • Solana ETFs Builds ‘Serious Investor Base,’ Outpacing Bitcoin
    • How to Use SIP Calculator for Retirement Planning?
    • Bitcoin ETFs attract $568M as analysts flag downside risk
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Resident urges AG Drummond to investigate Edmond’s bond campaign practices
    Bonds

    Resident urges AG Drummond to investigate Edmond’s bond campaign practices

    October 21, 2024


    EDMOND, OKLAHOMA (KOKH) — Edmond residents have several concerns about the $231 bond proposal that will be voted on in just a couple of weeks. One resident even sent a letter to Attorney General Drummond asking him to investigate potential legal and ethical violations made by the city of Edmond.

    Matt Burns, the Edmond resident who wrote the letter told Fox 25 that lots of Edmond residents want an independent body to look at the city’s actions related to the bond proposal, alleging a potential misuse of public resources and questioning their ethical practices.

    In a little over two weeks, Edmond residents will vote on a $231 million bond program that city leaders say will go towards improving streets, parks, and public safety.

    If passed, property taxes in Edmond would be raised by 14% which would cost homeowners hundreds of extra dollars each year,

    “Seems like a handful of people got together and decided it was a good idea for the rest of us, and then has started using city resources, taxpayer-funded resources, to promote the outcome of that election for the bond,” said Burns.

    After receiving mail, digital advertisements, and seeing signs promoting the bond all over Edmond, Burns wrote a letter to Attorney General Drummond, asking him to investigate the city’s actions in promoting the bond initiative and conflicts of interest within the Citizens Bond Advisory Task Force,

    “In addition to promoting it using public resources… they created a 25-person, quote, citizen advisory Task Force, and if you take a look at that task force, it’s made up of a bunch of insiders, former council people, people who benefit from roads being built,” Burns said.

    Burns says he’s spoken with several other Edmond residents who are concerned about how their government does business,

    “It’s more about like, being able to trust your government, to act responsibly and act within the bounds of the law, and in this case, whether you’re for or against the bond is irrelevant, but everybody should be for a responsible, law-abiding government,” said Burns, “And here, I think they’ve really missed the mark.”

    The City of Edmond sent Fox 25 this statement regarding the bond proposal;

    While common in most other Oklahoma cities, GO Bonds are new to many Edmond residents. The city takes seriously its responsibility to inform and educate residents about the projects, how they were selected and how they would be funded. We have taken steps to ensure accurate information is provided in multiple ways, both online and in person, so that residents have every opportunity to learn about the proposals that will be on their ballot Nov. 5.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Nashik Municipal Corporation issued its first public Green Municipal Bonds; bonds listed on the NSE

    March 9, 2026

    Why they still matter in modern portfolios

    March 8, 2026

    Bonds or Dividend Stocks? Do Both With These Investing Options

    March 7, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Goldman pitches hedge funds on strategies to bet against corporate loans

    March 9, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Strategy Discipline, Costs, and Liquidity

    March 9, 2026

    Arbitrage funds are really popular with people who want to make money from the difference…

    Goldman pitches hedge funds on strategies to bet against corporate loans

    March 9, 2026

    Large-Cap Funds Show Greater Resilience Than Flexi-Caps in 18-Month Market Slump

    March 9, 2026

    My Prediction: Prediction Market ETFs Will Be a Huge Disappointment for Long-Term Investors

    March 9, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Terrified Cattle Dog Puppy Who Was Left In Dumpster Bonds Immediately With New Kitten Sister

    September 12, 2025

    Mercer Australian Direct Property Dis MIN0095AU Overview

    April 21, 2025

    Dhanteras 2025: A guide to investing in gold, silver and precious metals ETFs

    October 17, 2025
    Our Picks

    Strategy Discipline, Costs, and Liquidity

    March 9, 2026

    Goldman pitches hedge funds on strategies to bet against corporate loans

    March 9, 2026

    Large-Cap Funds Show Greater Resilience Than Flexi-Caps in 18-Month Market Slump

    March 9, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.