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Audit Commission approves quarterly investment report after Chandler presents 6% annualized outperformance
Summary
Carl, a Chandler representative, told the Tustin City Audit Commission the city’s financial assets totaled about $251.3 million as of Dec. 31, 2025; Chandler-managed assets were about $123.5 million and outperformed on an annualized basis (~6.04%). The commission approved the report 5-0.
Carl, a representative from Chandler, presented the Dec. 31, 2025 quarterly investment report to the Tustin City Audit Commission on Jan. 22, reviewing recent economic data and portfolio performance.
Carl said national indicators showed improvement: the unemployment rate had fallen to about 4.4% from a recent 4.6% reading and initial jobless…
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