Loading...
HomeMy WebLinkAboutAgenda Report - June 17, 2020 C-17AGENDA ITEM c-11 Crrv or Lonr CouNcrl, ConnMUNrcATroN IM AGENDA TITLE: MEETING DATE: PREPARED BY: Accept the Quarterly lnvestment Report as Required by the City of Lodi lnvestment Policy June 17,2020 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 3i,",riì'".ff,:i"å"å'¡,,lHS1'Ji!':,'oni:l j:n????,T'31;"ollli,,'n"'* the Treasurer to submit a quarterly investment reporting in accordance with Section 53646. The attached Treasurer's Report for the quarter ending March 31, 2020 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 A*à'r^rTe"bt Andrew Keys Treasurer Attachment tuAPPROVED Stephen Schwabauer, City Manager