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July 1, 2025 - <br />June 30, 2026 <br /> City of Santa - Annual <br />Statement of Investment Policy Page 19 <br /> <br />17.0 POLICY REVIEW, CERTIFICATION, AND ADOPTION <br /> <br />15.1 Policy Review <br />This Statement of Investment Policy shall be reviewed at least annually to ensure its <br />consistency with the overall objectives of preservation of PRINCIPAL, LIQUIDITY, <br />AND YIELD, and to: 1) reflect changes in applicable California state codes, 2) <br />maintain its relevance to current financial and economic trends, and 3) meet the <br />needs of the City of Santa Ana. <br />15.2 Policy Certification <br />This certified Statement of Investment Policy will be resubmitted to the Association <br />of Public Treasurers of the United States and Canada (APTUS&C) and the <br />California Municipal Treasurers Association (CMTA) for review and re-certification <br />every five (5) years, or more often in the event of significant legislative changes, or <br />changes in industry standards, or substantive non-administrative modifications to the <br />body of the policy statement, exclusive of revisions or additions to appendices or <br />glossaries. In FY 2019-20, the City of Santa Ana received Investment Policy <br /> <br />Certifications from both the APTUS&C at the international North American level and <br />the CMTA at the state level, and in FY 2021-22, the City of Santa Ana received <br />Investment Policy Certification from CMTA at the state level. <br /> <br />15.3 Adoption <br />The Executive Director for FMSA shall annually render this Statement of Investment <br />Policy to the City Council and City Manager. The City Council shall annually review <br />and adopt this Statement of Investment Policy by resolution at a public meeting. <br /> <br /> <br /> <br />Submitted to the Santa Ana City Council for approval, this 3rdth day of June 2025. <br /> <br /> <br /> <br /> <br /> <br />Alex Trinidad, CPA <br />Acting. Executive Director & City <br />Treasurer Finance & Management <br />Services Agency <br /> <br />RP