Receive August investment report and update city financial policies

Labor & City WorkersHousing

In Plain English

The city reviews its monthly cash balance and investment performance from August 2023. Staff also updates authorization lists for the state investment fund and revises debt, pension, and investment policies. A separate item approves cooperative purchasing agreements with 8 vendors for supplies and equipment, allowing up to $250,000 per vendor annually through 2027.

Auto-generated summary. Source: official agenda documents.