CITY COUNCIL STAFF REPORT
DATE: November 12, 2025 CONSENT CALENDAR
SUBJECT: TREASURER’S INVESTMENT REPORT AS OF SEPTEMBER 30, 2025 FROM: Scott C. Stiles, City Manager
BY: Department of Finance and Treasury
SUMMARY:
Attached is the Treasurer's Investment Report (Attachment A) as of September 30, 2025.
RECOMMENDATION:
Receive and File.
STAFF ANALYSIS:
The City has compiled a Treasurer’s report working with Chandler Asset Management, the City’s Asset Management Firm, in ensuring the City complies with Section 17.0 of the City Council approved Investment Policy and California Government Code (Code) section 53607 and 53646.
The Code section 53607 requires a monthly report of transactions to be submitted to the City Council. Code section 53646 states if the City chooses to issue a Quarterly Report, it must be submitted within 45 days. See pages 43 – 45 for the transactions by month for the quarter.
The City’s total portfolio value as of 09/30/25 is $440,095,698 vs. $483,233,662 on 6/30/2025. (page 32 of Attachment A).
The City’s average market yield is 3.83% for the total portfolio (page 32 of Attachment A).
The average maturity of the City’s investments is 2.09 years (page 32 of Attachment A).
This Treasurer’s Report is in compliance with Section 17.0 of the Investment Policy. The
City Council Staff Report
November 12, 2025 -- Page 2
Treasurer’s Investment Report as of September 30, 2025
City has sufficient availability of funds to meet the next six months of obligations. The cash balance in the City’s Bank of America account as of September 30, 2025 was $17,275,898 which is not included in the attached Treasurer’s Report.
ALIGNMENT WITH STRATEGIC PLANNING:
This item aligns with the City Council’s Strategic Plan Broad Goal Foundation of Financial and Organizational Well-Being.
FISCAL IMPACT:
None.
REVIEWED BY:
Department Director: Kristopher J. Mooney
City Manager: Scott Stiles
ATTACHMENTS:
A. Treasurer’s Investment Report