Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City staff present FY26 cash-management review; council approves recommendation to forward report
Summary
City finance staff reviewed the fiscal-year 2026 cash-management report, outlining reserve targets, investment returns and capital-expenditure timing. Council voted to recommend the report for approval at the next council meeting.
City finance staff presented the fiscal year 2026 cash-management report to the City of Cedar Falls Committee of the Whole, reviewed reserve policies and investment returns, and sought council direction to forward the report for formal approval.
Lisa Rolling presented the annual review, saying the city’s portfolio includes checking at Farmers State Bank, three liquid money-market accounts, and certificates of deposit. Rolling reported a current certificate-of-deposit rate of return of 4.6%, down from 5.29% the previous year. She described the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
