Laserfiche WebLink
4) Dollar amount invested in all securities, and investments and monies held by <br /> the City (amortized cost or book value); <br /> 5) Weighted average maturity of the investments; <br /> 6) Current market value as of the date of report of all funds held by the City and <br /> under the management of any outside party that is not also a local agency or <br /> LAIF and the source of the valuation; <br /> 7) Source of the market value information; <br /> 8) A list of the any funds, investments or programs, including loans, under the <br /> management of contracted parties such as LAIF, investment. pools, outside <br /> money managers, and securities lending agents); <br /> 9) A statement of compliance with the investment policy or an explanation for <br /> non-compliance; and <br /> 10) A statement of the local agency's ability to meet its pool's expenditure <br /> requirements for the next six months, as well as an explanation of why <br /> sufficient money will not be available if that is the case. <br /> 16.0 POLICY CONSIDERATIONS <br /> 18.0 Exemptions <br /> Any investment currently held that does not meet the guidelines of this policy shall <br /> be exempted from the requirements of this policy as long as it was in compliance <br /> with State of California law and the City's investment policy in effect at the time of <br /> purchase. At maturity or liquidation, such monies shall be reinvested only as <br /> provided by this policy. <br /> 18.1 Stabilization Fund <br /> Except for cash in certain restricted and special funds, the consolidation of cash <br /> balances from all funds and the maintenance of portfolio liquidity (both static and <br /> dynamic) as provided for in this policy taken together with the monthly affirmation <br /> to the City Manager and City Councilmembers of the City's ability to meet its pool's <br /> expenditure requirements for the next six months shall be deemed to functionally <br /> meet and exceed the requirements of Article VI., Sec. 610, of the City of Santa Ana <br /> Charter as relates to the maintenance of a stabilization fund. <br /> 18.2 Amendments <br /> In the event this policy is amended prior to the end of its twelve month fiscal year <br /> term the amended Statement of Investment Policy shall be resubmitted to City <br /> Council for review and adoption by City Council Resolution. <br /> 18.3 Approval <br /> This Statement of Investment Policy is approved by City Council on this 03ih day of <br /> June, 2025 pursuant to City Council Resolution # 2025-2 <br /> City of Santa-Annual Page 18 July 1.2025 - <br /> Statement of investment Policy June 30,2026 <br /> Resolution No. 2025-019 <br /> Page 22 of 24 <br />