HomeMy WebLinkAboutItem No. 15-Approval of a Resolution Authorizing Certain Officers to Invest
15
Consent Calendar
City of San Bernardino
Request for Council Action
Date: February 5, 2020
To: Honorable Mayor and City Council Members
From: Teri Ledoux, City Manager
By: Paul Espinoza, Finance Director
Subject: Accept and File the Quarterly Investment Portfolio Report as
of December 31, 2019
Recommendation
It is recommended that the Mayor and City Council of the City of San Bernardino,
California, accept and file the Quarterly Investment Portfolio Report as of December 31,
2019.
Background
Report shall be prepared and submitted to the Mayor and City Council. The Director of
lio Report and
Discussion
investment portfolio for the quarter ended December 31, 2019.
sufficient cash flow from a combination of liquid and maturing securities, bank deposits,
2020-2025 Key Strategic Targets and Goals
The acceptance and filing of the attached Investment Portfolio Report aligns with Key
Target No. 1: Financial Stability by implementing and maintaining and updating a fiscal
accountability plan.
Fiscal Impact
None
Conclusion
It is recommended that the Mayor and City Council of the City of San Bernardino,
California, accept and file the Investment Portfolio Report for December 2019.
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Attachment: FN. Investment Portfolio Management Summery Report December 2019 (6601 : Accept and File the Quarterly Investment Portfolio
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