Loading...
HomeMy WebLinkAboutAgenda Report - September 4, 2019 C-04AGENDA ITEM c-4 Crrv or Lonr C ouNcrr-, C ovTMUNICATIoN TM AGENDA TITLE: MEETING DATE: PREPARED BY: Accept the Quarterly lnvestment Report as Required by the City of Lodi lnvestment Policy September 4,2019 Deputy City Manager RECOMMENDED ACTION Accept the quarterly investment report as required by the City of Lodi lnvestment Policy. BACKGROUND INFORMATION: Government Code Section 53646 prescribes suggested investment reporting requirements for California public agencies. The City Council adopted Resolution 2018-33 on March 7,2018, requiring the Treasurer to submit a quarterly investment reporting in accordance with Section 53646. The attached Treasurer's Report for the quarter ending June 30, 2019 is in compliance with the State's reporting recommendations and the City of Lodi's lnvestment Policy and lnternal 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.qov/1 96/Finance FISCAL IMPACT:Not applicable FUNDING AVAILABLE: As per attached report CÌ,M Andrew Keys Treasurer Attachment APPROVED Manager