AGENDA TITLE:
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Accept the Quarterly Investment Report as Required by the City of Lodi Investment Policy (FIN)
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MEETING DATE:
February 7, 2024
PREPARED BY:
Melissa Munoz, Accounting Manager
recommendation
RECOMMENDED ACTION:
Accept the quarterly investment report as required by the City of Lodi Investment Policy.
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BACKGROUND INFORMATION:
Government Code Section 53646 prescribes suggested investment reporting requirements for California public agencies. The City Council adopted Resolution 2021-164 on June 2, 2021 approving FY 21/22 Investment Policy. The attached Treasurer’s Report for the quarter ending December 31, 2023 is in compliance with the State’s reporting recommendations and the City of Lodi’s Investment Policy and Internal Control Guidelines.
The investment report, investment policy and historical investment reports can be accessed on the City website by following this link: <http://www.lodi.gov/196/Finance> .
STRATEGIC VISION:
3A. Fiscal Health: Promote City's transparency & fiscal fluency.
FISCAL IMPACT:
Not applicable.
FUNDING AVAILABLE:
As per attached report.
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Melissa Munoz
Accounting Manager
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Andrew C. Keys
Interim City Manager