AGENDA TITLE:
title
Accept the Quarterly Investment Report as Required by the City of Lodi Investment Policy (FIN)
end
MEETING DATE:
June 5, 2024
PREPARED BY:
Melissa Munoz, Accounting Manager
recommendation
RECOMMENDED ACTION:
Accept the quarterly investment report as required by the City of Lodi Investment Policy.
body
BACKGROUND INFORMATION:
California 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 March 31, 2024 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.
_______________________________________
Melissa Munoz
Accounting Manager
_______________________________________
Andrew C. Keys
Interim City Manager