City Council
Staff Report
Report Type: INFORMATION REPORTS
Lead Department: Administrative Services
Meeting Date: February 2, 2026
Report #:2501-4035
TITLE
Monthly Investment Report - December 2025 (Unaudited)
RECOMMENDATION
This is an Information Report. No Council action is required.
ANALYSIS
The City’s Investment Policy (Policy) 1and California Government Code Section 53607 requires that a report of transactions (investments, reinvestment, sold, and exchanged securities) be made available to the Council on a monthly basis. This reporting requirement is separate and distinct from the quarterly investment report submitted under California Government Code Section 53646 that includes portfolio composition, a detailed list of all securities, performance compared to the Policy, overall compliance with the Policy, and the City’s ability to meet expenditure requirements over the next six months
ATTACHMENTS
Attachment A - Investment Portfolio Transaction Ledger – December 2025 APPROVED BY:
Lauren Lai, Administrative Services Director
1 Investment Policy Fiscal Year 2025-2026 (Adopted June 16, 2025); https://www.paloalto.gov/files/assets/public/v/2/administrative-services/investment-policies/investment-policy- fy-2025-2026.pdf