Quarterly Investment Report
Alisa Backstrom, MBA, CCMT, CPFIM
Elected City Treasurer
Quarter Ended: December 31, 2024
City Treasurer’s Mission and Goal
Mission: Preservation and Return of Investments
Portfolio governed by:
CA Government Code Sections 53600 et seq
City’s Investment Policy
Certified by CA Municipal Treasurers Assoc.
Reviewed and adopted annually
Goal: Hold Legal & Suitable Investments to meet objectives of:
Safety of Principal
Adequate Liquidity
Market Rate of Return through budgetary/economic cycles
Investment Policy Limits:
Maximum Maturity: 5 years
Maximum % by Sector
Maximum % by Issuer
Minimum Quality Rating
Allowable Investments:
CA Government Code
Investment Policy
Commonly utilized:
US Treasury Bills/Bonds
Federal Agencies
Corporate Bonds “A” rated & above
Supranationals
Portfolio Overview as of 12/31/24
INVESTMENT PORTFOLIO – SUMMARYQUARTER END 12/31/24
INVESTMENT PORTFOLIO – BY SECTORQUARTER END 12/31/24
INVESTMENT PORTFOLIO – BY MATURITYQUARTER END 12/31/24
WAM = 1.75 Years
INVESTMENT PORTFOLIO – ACTIVITYQUARTER END 12/31/24
INVESTMENT PORTFOLIO – EARNINGSAS OF 12/31/24
INVESTMENT PORTFOLIO – SELECTED COMPLIANCE
Additional Information
City Website
Government
City Treasurer
Questions?