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Compton treasurer reports $312 million portfolio, $3.0M interest earnings in quarter
Summary
City Treasurer Brandon Mims told the council the city's investment portfolio was valued at $312 million at 12/31/2025, with $3,005,318.42 in interest earnings for the quarter and $56 million in cash operations; he warned of market cooling and deferred audit-level deficit questions to the controller.
City Treasurer Brandon Mims presented the fiscal-year-26 second-quarter investment report, reporting that the city's investment portfolio had a market value of $312,000,000 as of Dec. 31, 2025, and noting $56,000,000 was held in cash operations.
Mims said the portfolio earned $3,005,318.42 in interest in the quarter, including $1,188,688.51 attributable to the general fund. He told the council that in the past 18 months the city benefited from an…
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