Finance Department – Treasury Division
M E M O R A N D U M
To: Mayor and Members of the City Council
From: Nickie Mastay, Deputy City Manager
Mubeen Qader, Deputy Director of Finance
Jerry Chak, Accounting Manager
Date: July 11, 2023
Subject: MONTHLY CASH BALANCES & INVESTMENT REPORT –
May 2023
Enclosed for your information are the Investment Report, Portfolio Summary, and Comparative Cash Report for the month of May 2023 prepared by the City Treasurer pursuant to the statutory requirements of the State of California.