Quarterly investment report shows $34.6M in holdings; interest yields above 4% for first half of 2025

City staff presented the quarterly investment report for the period ending June 30, 2025, showing roughly $34.6 million in portfolio holdings and an average investment yield near 4.3% for the first half of the year. The report compared holdings as of March 31, 2025 (about $39.5 million market value) to June 30, 2025 (about $34.6 million), noting debt service payments and project expenditures as drivers of the decline in cash balances. Staff said June debt service payments were about $3.9 million. Portfolio composition included balances in local bank accounts, TexPool (public investment pool), CDs at several banks, and restricted funds (for example, PEG and child‑safety funds). Fiscal‑year‑to‑date interest income was cited at roughly $1.3 million and the quarter’s interest income at about $400,000. Staff also walked council through portfolio pages showing holdings by issuer, maturity dates and yields, and noted some changes resulting from bank acquisitions reflected in the report descriptions. Council members asked about allowable uses for restricted funds such as PEG (public education and government) and child‑safety funds. Staff explained PEG funds come from cable franchise fees and can be used for limited items such as equipment and streaming for public meetings; child‑safety funds are used for public education and outreach tied to police and fire department programs. Council approved the quarterly investment report by a 5–0 vote.