HomeMy WebLinkAboutAgenda Report - December 17, 2014 C-03AGENDA ITEM c-3
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AGENDA TITLE:Accept the Quarterly lnvestment Report as Required by the City of Lodi lnvestment
Policy
MEETING DATE:December 17,2014
Deputy City Manager
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PREPARED BY:
RECOMMENDED ACTION
BACKGROUND INFORMATION
Accept the quarterly investment report as required by the City of
Lodi lnvestment Policy.
Government Code Section 53646 has been amended to no longer
mandate this report on investments to the legislative body of the
local agency. Nevertheless, it is encouraged, and the report is
attached for City Council review.
The total of all invested funds as of the quarter ending September 30, 2014 is $85,354,979.97
The average annualized return on all invested funds over the quarter is 0.15%
The total earnings on all invested funds for FY 2014-15 is $32,032.39.
The average annualized return on all invested funds for FY 2014-15 is 0.15%.
FISCAL IMPACT:Not applicable.
FUNDING AVAILABLE: As per attached report
Jordan Ayers
Treasurer
Attachment
APPROVED:
Manager