Hermosa Beach Treasurer’s race pits incumbent Siemensma against financial advisor Pedersen [UPDATED]
by Kevin Cody Hermosa Beach City Treasurer Karen Siemensma maintains a low political profile, though her position has greater financial power than any single councilmember. During the 2023-2024 fiscal year, Siemensma’s investment of the city’s $58.7 million portfolio generated $1.8 million in interest, making interest one of the city’s largest sources of revenue. Siemensma (formerly […]