February 1, 2022
Finance Department
DATE: February 1, 2022
TO: Mayor Butt and Members of the City Council
FROM:
(List all relevant/responsive staff
persons)
Belinda Brown, Director of Finance
Delmy Cuellar, Accounting Manager
Subject:
(This will appear on the agenda)
Investment and Cash Balance Report for the Month of
December 2021
FINANCIAL IMPACT: None.
PREVIOUS COUNCIL
ACTION:
(List all dates items were heard or
council action took place)
N/A
STATEMENT OF THE
ISSUE:
Staff is requesting that the City Council receive the City’s Investment and Cash Balance Report for the month of
December 2021.
RECOMMENDED ACTION:
(This will appear on the agenda)
RECEIVE the City’s Investment and Cash Balance
Report for the month of December 2021 – Finance
Department (Belinda Brown 510-620-6740).
DISCUSSION:
AGENDA
REPORT
February 1, 2022
The Investment and Cash Balance Report is a monthly report of the City’s pooled cash balance. The Portfolio Management Report represents the monthly bank balances, along with market balances of permitted investments according to the City’s Investment Policy. Investment in the Local Agency Investment Fund (LAIF), money market, agency bonds, certificates of deposits, and corporate notes are all allowable and permitted according to the FY2020-2021 Investment Policy.
DOCUMENTS ATTACHED:
Attachment 1 – Investment and Cash Balance Report for December 2021