DATE: November 19, 2019
TO: Mayor and City Council
FROM: Director of Finance
SUBJECT
Title
Adoption of FY 2020 Statement of Investment Policy and Delegation of Authority
EndRECOMMENDATION
That the Council adopts the attached resolutions reaffirming the 2020 Statement of Investment Policy and extending the delegation of investment authority to the Director of Finance.
End
SUMMARY
This report provides an overview of the FY 2018-2019 year-end City investment portfolio. Staff is not recommending any updates or modifications to the City’s investment policy at this time.
ATTACHMENTS
Attachment I Staff Report
Attachment II City Resolution
Attachment III Housing Authority Resolution
Attachment IV Redevelopment Successor Agency Resolution
Attachment V Public Financing Authority Resolution
Attachment VI FY 2020 Investment Policy