July 2026 City Treasury Report
Approve the City Treasury Report for July 2026.
July 2026 City Treasury Report
Attached is the Treasury Report for Cash and Investments for the month of July 2026. The City utilizes both the California State Treasurer’s Local Agency Investment Fund (LAIF) and the California Asset Management Program (CAMP) for City investments. Uninvested funds are held in the City bank account which utilizes a sweep account to earn interest via money market securities while still maintaining full checking account functionality.
The City utilizes both CAMP’s investment pool and managed account for long-term investments. The average duration on the managed account is two years, to allow for sufficient liquidity while maintaining adequate returns.
Over this month, the City earned $180,828.07 in interest from its investment accounts.
The City also established a 115 trust with Public Agency Retirement Services (PARS) to invest fund to cover the City’s unfunded liability payments. The City currently uses a balanced portfolio allocation in the trust whose value changes with the market, rather than interest rates.
100-1012
100-1011
103-1015
110-1011
120-1011
201-1011
212-1011
300-1011
301-1011
420-1011
421-1011
440-1011
461-1011
This is only a report on balances for the City and therefore it has no fiscal impact.