Investment Review Board Meeting

Carlsbad Investment Review Board · November 20, 2025

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57:43

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15:00

30:00

45:00

57:43

Approval of minutes

0:21 → 1:12(51s)

The board opened business and moved to approve the minutes; the motion carried with Member Frida absent.

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Actions:approve minutes

Eligible: Board approved its 2026 annual work plan and reviewed the first-quarter investment portfolio, noting a net $34.2 million decrease and discussion of six out-of-compliance securities being held to maturity.

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Transcript

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