Update investment policy with California Municipal Treasurers Association recommendations

Police & Community SafetyBudgetFinance

Resolution 82-25

In Plain English

The city submitted its investment policy to state treasurers for certification in April 2025 and received approval along with additional suggestions. The policy includes restrictions against investing in companies that manufacture weapons, facilitate violence, or operate private prisons. If approved, these updates incorporate the state association's latest recommendations into Richmond's investment guidelines.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Soheila BanaSeconded by: Cesar Zepeda
Passed