CITY OF MENIFEE
SUBJECT: Treasurer's Report – July 2026
MEETING DATE: September 16, 2026
TO: Mayor and City Council
PREPARED BY: Amir Zaki, Finance Manager
REVIEWED BY: Travis Hickey, Chief Financial Officer
APPROVED BY: Armando G. Villa, City Manager
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RECOMMENDED ACTION
1. Receive and file the Treasurer’s Report as of July 31, 2026.
DISCUSSION
Attached is the signed Treasurer’s Report for Cash and Investments as of July 31, 2026.
The first section (green section) of the Treasurer’s Report as presented includes a summary of where the city’s revenues are held and summary activity, including:
City Cash: City’s checking/savings accounts, asset forfeiture, cash on hands. (Funds used to pay most regular payments/expenses and funds held in custody) City Investments: City’s short and long-term investments distributed amongst the LAIF and CAMP investment pools and investments currently managed by the City’s investment advisor consultant.
Cash Held Outside of City Funds: Funds held by designated trustees, including Wilmington Trust and Public Agency Retirement Services (PARS). Wilmington Trust funds are primarily used for City debt service and bond proceeds, while PARS funds represent the City’s Section 115 Trust assets established for prefunding pension and other post- employment benefit (OPEB) obligations.
The second half (blue section) of the Treasurer’s Report represents the City’s reserve balances, including committed, assigned and unassigned balances as identified to use towards either committed/assigned (earmarked purposes) or support the daily operations.
STRATEGIC PLAN OBJECTIVE
Thriving Economy
City of Menifee Staff Report
Treasurer's Report – July 2026
September 16, 2026
3 5
2 6
FISCAL IMPACT
There is no fiscal impact associated with the recommended action.
ATTACHMENTS
1. Treasurer’s Report – July 31, 2026.