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Council re-adopts investment policy; portfolio report shows $43.5 million holdings and solid returns
Summary
Lakewood re-adopted its annual investment policy (aligning corporate-paper maturities to new state law) and received a quarterly portfolio report showing $43.5 million in holdings, a cost yield of 4.24%, market yield of 3.75% and $2.5 million in income/price appreciation for a 6.2% total return for the year.
The Lakewood City Council re‑adopted the city's annual investment policy and received the quarterly investment performance report for the period ending Dec. 31, 2025.
Director of Finance and Administrative Services Jose Gomez said the policy guides investments for all available city funds and noted one substantive change: the policy language was updated to align with state law that allows certain commercial‑paper investments to mature up to 397 days…
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