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ITEM: |
CONSENT
CALENDAR |
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4. |
CONSIDER APPROVAL OF THE FOURTH QUARTER FISCAL YEAR 2024-2025 INVESTMENT
REPORT |
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Meeting
Date: |
August 18, 2025 |
Budgeted: |
N/A |
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From: |
David J.
Stoldt, |
Program/ |
N/A |
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General
Manager |
Line Item
No.: |
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Prepared
By: |
Nishil
Bali |
Cost Estimate: |
N/A |
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General Counsel Review: N/A |
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Committee Recommendation: The Finance and Administration Committee considered this item on August 11, 2025, and recommended approval. |
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CEQA Compliance: This action
does not constitute a project as defined by the California Environmental
Quality Act Guidelines Section 15378. |
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SUMMARY: The District’s investment policy requires that each quarter, the Board of Directors receive and approve a report on investments held by the District. Exhibit 4-A is the report for the quarter ending June 30, 2025. District staff has determined that these investments do include sufficient liquid funds to meet anticipated expenditures for the next six months and as a result, this portfolio is in compliance with the current District investment policy. This portfolio is also in compliance with the California Government Code and the permitted investments of Monterey County.
RECOMMENDATION: The Finance and Administration Committee recommends that the Board approve the Fourth Quarter Fiscal Year 2024-2025 Investment Report.
4-A Investment Report as of June 30, 2025.
U:\staff\Boardpacket\2025\081825\Consent Calendar\04\Item-4.docx