April 5, 2022
Finance Department
DATE: April 5, 2022
TO: Mayor Butt and Members of the City Council
FROM:
Delmy Cuellar, Acting Director of Finance
Subject:
Investment and cash balance report for the month of
February 2022
FINANCIAL IMPACT: None.
PREVIOUS COUNCIL
ACTION:
Click or tap here to enter text.
STATEMENT OF THE
ISSUE:
Staff is requesting that the City Council receive the City’s Investment and Cash Balance Report for the month of
February 2022.
RECOMMENDED ACTION:
RECEIVE the City’s Investment and Cash Balance
Report for the month of February 2022 – Finance
Department (Delmy Cuellar 510-620-6790).
DISCUSSION:
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 AGENDA
REPORT
April 5, 2022
bonds, certificates of deposits, and corporate notes are all allowable and permitted according to the FY2021-2022 Investment Policy.
In addition, per the City Council’s request during the FY2021-2022 mid-year budget review, an overtime analysis is provided in Attachments 2 and 3.
DOCUMENTS ATTACHED:
Attachment 1 – Investment and Cash Balance Report for February 2022 Attachment 2 – Overtime report for month of February 2022_All Departments Attachment 3 – Overtime report for month of February 2022_Public Safety