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Committee approves annual investment policy update effective Jan. 1, 2026
Financial Review Committee · February 18, 2026
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Summary
The committee reviewed and approved an annual update to the city's investment policy with no substantive changes; staff clarified language about a 5-year laddered approach and auditors reported no findings as of June 30. The motion passed 3–0 with two members absent.
The Financial Review Committee on Oct. 28 reviewed its annual investment policy update and voted to recommend the document move forward for approval, with the policy set to be effective on Jan. 1, 2026.
Staff said they were "not…
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