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Live Oak council approves investment and first-quarter financial reports; disposes three police vehicles
Summary
Council unanimously approved the city’s first-quarter investment report and the financial report for the period Oct. 1–Dec. 31, 2024; staff also received authorization to dispose of three Police Department vehicles via auction.
The Live Oak City Council on Feb. 25 approved the city’s first-quarter investment report and the first-quarter financial report for the period Oct. 1–Dec. 31, 2024, and authorized disposal of three Police Department vehicles with initial net book value of $5,000 or more. All motions passed by recorded votes of 5-0.
Finance staff reported the portfolio size and that portfolio composition had shifted slightly…
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