Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Daytona Beach Shores updates investment policy to allow all eligible Florida LGIPs for liquidity

City Commission of Daytona Beach Shores · November 5, 2025

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The commission adopted Resolution 2025-21 to update the municipal investment policy to permit investments in any eligible Florida local government investment pools (LGIPs). Finance Director Lori Erwin said the change is housekeeping to improve short-term liquidity amid upcoming projects and compared current LGIP yields with Treasury rates.

The City Commission approved Resolution 2025-21 to update the municipal investment policy and allow the city to use all eligible Florida local government investment pools (LGIPs) as authorized investments.

Finance Director Lori Erwin told the commission the change is driven by the statutory priorities for…

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

See memberships

30-day money-back on paid plans