06 - 16 - 2010 Brokerage payments by J.-Co. raise concerns from local resident
(LS) At last night’s Juniata Co. Commissioners meeting, Earnest Sweitzer–a local taxpayer in the county–raised concerns on how the county arrived at payment to King Financial, which is a brokerage firm handling the county’s stock investments. The answer he was given in a response from the county solicitor raised more questions than it did answers. Commissioner Theresa O’Neal said the county should have a better understanding on the process & apologized to Sweitzer for not having a thorough answer. Sweitzer said county residents should know how their money is spent & urged the commissioners not to put money into stocks that the county could afford to lose.