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Laguna Woods council receives quarterly financial report and approves consent calendar
Summary
Council received and filed the city treasurer's monthly and quarterly reports showing roughly $14.7 million in total cash and investments and approved the consent calendar by unanimous voice vote.
At its Feb. 18 meeting the Laguna Woods City Council received and filed the monthly treasurer’s report and a quarterly financial report as of Dec. 31, 2025.
Staff reported total cash and investments of approximately $14.7 million across all funds, with roughly $7 million in the general fund and $4.65 million held in council‑established reserves. Pooled investments included LEIF (~$3.9 million) and CAMP (~$3.7 million); certificates of deposit accounted for about $6.3 million. Staff noted transfers made following a large property‑tax installment, routine interest income totals, and that all American Rescue Plan Act funds in special revenue accounts have been recognized and spent.
After a brief public comment period, a councilmember moved to receive and file the reports; the motion passed. The council then approved the consent calendar by voice vote, with no items removed for separate consideration.
