HomeMy WebLinkAboutCity Manager's Report - City Treasurer ReportZ -/- 4016
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The City Treasurer is an elected official who serves a four-year term. Responsibilities
include investment management of all City funds (including pooled funds, bond reserve
investments and trust funds), in addition to the funds of the .point powers Authorities,
for which the City is administrator. Through prudent fiscal investment management, the
City Treasurer ensures the City's cash liquidity needs are met and principal is preserved.
Investments are consistently analyzed and reviewed for compliance with the City's
approved Investment Policy and State statutes and regulations.
SELECT ACHIEVEMENTS INCLUDE.
Obtained the California Municipal Treasurers Association's
Certified California Municipal Treasurer (CCMT) professional
designation. This designation recognizes professional
municipal treasurers who meet high standards for
knowledge, skills and ethics
Attended the Government Investment Officers Association,
Association of Public Treasurers and CMTA 2015
Annual Conferences
Participated in the City's annual Strategic Planning session
in conjunction with City Council Members, other elected
officials and department managers
Elected as a board member of the California Municipal
Treasurers Association for the 2015-16 year
t
Alisa Cutchen
City Treasurer
APPOINTED 2011 I ELE,
BY TIIE NUMBERS
The City Treasurer maintained the City's
approximately $18,0 million investment
portfolio while continuing to meet the
investment policy objectives of preserving
principal, maintaining adequate liquidity
and earning a market rate of return during
econor n is and budgetary cycles
For the 2014-15 fiscal year, the City's
investment portfolio generated nearly
$2 million in revenues to be utilized for City
operating expenses, projects and ether
financial obligations
Provided monthly and quarterly detailed
investment reports including investment