Countywide

City Treasurer sends annual investment policy to Council with no changes

The rules governing how the city invests its cash reserves would stay as they are for the year beginning July 1, 2025.

City Council· posted Sep 3Report

The policy sets the rules for how the city invests its day to day cash, including what securities are allowed, credit standards and reporting to the City Council. City Treasurer Diana Mangioglu submitted it for Council consideration and said no changes are needed after reviewing state law.

What happens next

Budget and Finance Committee review of the transmitted policy

How the Council voted on this file
Yes No Absent
  1. 13–0–2

    City Treasurer sends annual investment policy to Council with no changes

    Council File 26-1266
Named in this record
Los Angeles City Hall
Los Angeles City Hall

Photo: Visitor7, CC BY-SA 3.0, via Wikimedia Commons

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