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17.0 POLICY REVIEW, CERTIFICATION,AND ADOPTION <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 /> 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 /> 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 /> Submitted to the Santa Ana City Council for approval,this 3rdth day of June 2025. <br /> Alex Trinidad, CPA <br /> Acting. Executive Director& City <br /> Treasurer Finance & Management <br /> Services Agency <br /> RP <br /> Resolution No. 2025-019 <br /> Page 23 of 24 <br />