Approve city investment and debt policies for fiscal year 2005-2006

Investment PolicyBudgetFinance

<UNKNOWN>

Resolution <UNKNOWN>

In Plain English

The city updates its financial policies annually to guide how it invests taxpayer money and manages debt. These policies set rules for safe investments like government bonds and establish limits on borrowing. The policies ensure the city protects public funds while earning reasonable returns.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Councilmember MarquezSeconded by: Councilmember Thurmond
Passed

7 to 0

BatesAye
ButtAye
ThurmondAye
AndersonAye
RogersAye
MarquezAye
GriffinAye