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Council receives treasurer's report and approves consent calendar
Summary
The council received a treasurer's report showing $13.39 million in cash and investments as of Dec. 31, 2025, and approved the consent calendar by voice vote with no opposition.
The City Treasurer presented the financial report for the period ending Dec. 31, 2025, reporting total cash and investments of $13,389,007.91. The general fund operating cash and investments totaled $5,413,087 and the general fund reserves were $4,651,600. Special revenue funds had an ending balance of $3,325,104 and certificates of deposit investments totaled approximately $6.32 million with an average yield of 4.238 percent.
Staff recommended that the council receive and file the treasurer’s report; no public testimony was offered on the financial presentation. The council voted to receive and file the treasurer's report and then approved the consent calendar by a single recorded voice vote with no opposition.
No separate items were pulled from the consent calendar for discussion at the meeting.
