Letter to the Cincinnati Southern Railway Trust re publicly broadcasting board meetings March 22, 2025

 

We all have to do what we can to oversee the $1.6 billion CSR Trustfund. That includes not only how the city uses the trustfund proceeds but also how well the funds are being invested and how well the board members are carrying out their fiduciary obligations.

An annual lease payment, at its true market rate, would have been so much easier. No politics. But now we have to keep our collective heads on a swivel to protect our $1.6 billion from those would try to improperly benefit from the trustfund. Believe me, they are out there.

The good news is that we are collaborating with an experienced investment advisor with a particular expertise in public investment. He has been tracking the actions of CSR Trust board and its investment advisors and has agreed to help us.

In the meantime, at the March board meeting, we asked the board to publicly broadcast their meetings.

 

Zinser Ltr to CSR Board 5.22.25