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Martinez hears investment report: $71 million invested, advisor urges policy options for sector preferences
Summary
Finance staff reported $71 million invested citywide; the council heard an economic update from the city's investment advisor and discussed the ability to exclude sectors or company names from the city's investment portfolio if council desires.
The Martinez City Council received a quarterly investment report Feb. 4 showing a total invested position of approximately $71,000,000 as of Dec. 31, 2025. Courtney Butler, revenue accountant, said about $40 million was in LAIF/CaliforniaClass short-term funds and roughly $31 million was in managed accounts.
John Bridal of Public Trust Advisors reviewed the city's portfolio strategy and an…
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