CC MEETING: February 7, 2023
DATE: January 23, 2023
TO: Erin Rinehart, City Manager
FROM: Diana K. Vaughn, Chief Financial Officer
Chrystal K. Davis, Assistant City Manager
Title
Consider A Resolution Accepting The Investment Officer’s Quarterly Report For First Quarter Ended December 31, 2022.
Body
BACKGROUND:
The City’s Investment Policy and Chapter 2256, Government Code, the Public Funds Investment Act requires the Investment Officer to report to Council each quarter the investment transactions and strategy for the investment portfolio of the City. In compliance with this policy and fulfillment of Section 2256.023 Internal Management Reports of the “Public Funds Investment Act,” the Investment Officer’s Quarterly Report for first quarter ended December 31, 2022 is available on the city’s website for approval at the council meeting at <http://www.cityofcarrollton.com/departments/departments-a-f/finance/treasury>. This report was presented to the City Council Audit, Finance and Governance Committee at their January 25, 2023 meeting for in-depth review and discussion.
FINANCIAL IMPLICATIONS:
This report provides all information related to all securities investment transactions performed by the authorized investment officers for the first quarter ended December 31, 2022.
STAFF RECOMMENDATION/ACTION DESIRED:
Consider a resolution accepting the Investment Officer’s Quarterly Report for first quarter ended December 31, 2022.