Adopt revised investment policy with state treasurer association edits

Investment PolicyBudgetFinance Department

In Plain English

The city updates its investment policy every few years to follow best practices for managing public funds. The California Municipal Treasurers Association reviewed the current policy and suggested changes. If approved, the city adopts these professional recommendations for how it invests taxpayer money.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Doria RobinsonSeconded by: Claudia Jimenez
Passed

7 to 0

Soheila BanaAye
Jamelia BrownAye
Claudia JimenezAye
Doria RobinsonAye
Sue WilsonAye
Cesar ZepedaAye
Eduardo MartinezAye