April 1, 2025
TO: City Council
REQUESTED BY: Erika Gomez, Finance Director
APPROVED BY: Robert A. Johnson, City Manager
SUBJECT: Treasurer’s Report at January 31, 2025
RECOMMENDATION:
Staff recommends that the City Council receive and file the Treasurer’s Report for the month ending January 31, 2025.
DISCUSSION:
Total Cash and City Investments increased 12.84% during the month. This includes cash, cash in the bank, and cash with the trustee.
The attached Treasurer’s report is a “snapshot” report of our cash position on the last day of the month in all of our accounts. A section demonstrating compliance with the adopted Investment Policy and a chart depicting historical interest rates for certain positions is also included.
Detailed statements of investments from Chandler Asset Management and Public Trust Advisors have also been included.
FISCAL IMPACT:
None.
ATTACHMENTS:
Treasurer's Report for January 31, 2025