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City treasurer reports $15.55 million in cash and investments; staff explains LAIF liquidity and principal protections
Summary
City Treasurer presented the June 30, 2025 report showing $15.55 million in cash and investments and staff explained how the Local Agency Investment Fund (LAIF) operates and why the city’s principal is treated as protected and liquid.
Laguna Woods — The City Treasurer presented the monthly financial report for the period ending June 30, 2025, reporting total cash and investments of $15,550,003.70 and recommending the council receive and file the report. After the presentation, council unanimously voted to receive and file the report.
The treasurer gave account-level totals: general fund operating cash and investments of $8,600,000, general fund reserves of $3,700,000, special revenue funds of $3,100,000, and cash and…
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