To: Honorable Mayor and Members of City Council
From: Donna Lee, Finance Director
Prepared By: Donna Lee, Finance Director
TITLE:
Title
Treasurer’s Quarterly Investment Report on the City’s Investment Portfolio for the Quarter Ended September 30, 2026
LABEL
RECOMMENDED ACTION:
Recommendation
Receive the Treasurer’s Quarterly Investment Report on the City’s investment portfolio for the period ending September 30, 2026.
Body
DISCUSSION:
The purpose of this report is to provide the City Council with the treasurer’s quarterly report on the City’s investment portfolio for the quarter ending September 30, 2026, as outlined by the Government Code 53646. The attached report demonstrates City funds continue to be invested in accordance with the City’s Investment Policy and that sufficient liquidity is available to meet the City’s anticipated cash flow and expenditure needs. All local agencies are required to file regular financial reports with their legislative body on the status of their investment portfolio.
One of the roles of the City’s Finance Department is to manage the City’s investments to preserve principal, maintain adequate liquidity, and maximize earnings to ensure that cash flow needs are met while maximizing the investment portfolio, consistent with the City’s Investment Policy. The attached report provides information regarding the City’s investment portfolio and the effects of current market conditions on investment performance.
FINANCIAL IMPACTS:
There is no fiscal impact associated with this action. The attached reports are for informational purposes on the effects of current market conditions on the City’s investment portfolio.
CEQA:
The Finance Director has determined that the Recommended Action described in this Agenda Report is not subject to CEQA, pursuant to CEQA Guidelines Section 15060(c).
DOCUMENTS ATTACHED:
ATCH 1 - City of Napa Quarterly Investment Report 2026-9-30
ATCH 2 - Napa Quarterly Investment Holdings Report 2026-9-30
APNDX - Investment Policy
NOTIFICATION:
None.