Accept monthly report on city's investment portfolio and cash balances

Monthly Investment ReportBudget<UNKNOWN>Report

In Plain English

The city invests surplus cash to earn interest while keeping funds available for operations. This monthly report shows how much money the city has invested and where those funds are placed. Investment income helps supplement the city budget.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

7 to 0

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Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.