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City finance staff reports roughly $3.9 million in cumulative investment earnings
Summary
At the Ways and Means Committee meeting Aug. 7, finance staff reviewed investment-account earnings, reporting roughly $3.9 million in cumulative interest across public accounts and a monthly average of about $62,000 in 2025.
City finance staff presented an update on the city’s investment earnings at the Ways and Means Committee meeting on Aug. 7, reporting cumulative interest of about $3.9 million across active accounts and a monthly average of roughly $62,000 for 2025.
The report matters because those earnings support the general fund and reserves and influence near-term budget planning. Committee members asked clarifying questions about the accounts and monthly performance.
Brad, presenting the report for city…
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