City of Seneca Seeks Financial Advice

Seneca, the largest municipality in Oconee, is seeking external financial advice for its operational costs. In a recent special meeting, the city council approved the recommendation of Josh Riches, the city finance director, to hire First Tryon Advisors. This firm will provide a capital planning model for a fee not exceeding $35,000. Riches believes that their services will be beneficial in predicting revenue flows in both prosperous and challenging financial times…