The City's investments are in compliance with the City's Investment Policy, which is designed to emphasize safety, liquidity and return on its investments that limits exposure to losses arising from a volatile market. The City limits investment to a maximum of five years of maturity. The City's investments are rated by nationally recognized rating organizations. The following table shows the amounts contributed by the City in the various types of investments.
| Amount |
|---|
| Medium-term Corporate Notes | 21,122,330 |
|---|
| California Local Agency Investment Fund (LAIF) | 2,048,197 |
|---|
| Other | 63,382,628 |
|---|
| Total Investments | $ 361,876,626 |
|---|
The City's investments are rated by nationally recognized rating organizations. The City's policy requires a rating of "A" or better. As of June 30, 2025, the ratings for the City's investment portfolio, excluding pension related investments, are as follows:
By Maturity Date
By Credit Rating