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Laguna Woods opens $1 million CAMP account as city diversifies investments; treasurer reports $14.38 million in cash and investments
Summary
City treasurer reported total cash and investments of $14,376,003.65 as of July 31, 2025, and council received staff recommendation to open a California Asset Management Program (CAMP) account; the city funded an initial $1,000,000 to CAMP and will monitor performance for 30 days.
City Treasurer Liz reported Aug. 20 that the city’s total cash and investments as of July 31, 2025, totaled $14,376,003.65. The general fund operating cash and investments were approximately $7.8 million, general fund reserves $3,753,700, special‑revenue funds $2,828,472, and pooled money investments included $66,328,001.40 noted in the treasurer’s report.
The treasurer told council that, following the recent closure of an Orange County IP (OSIP) account, staff evaluated…
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