Title
Approving the Fiscal Year 2025 Q2 Investment Report.
Summary
The Public Funds Investment Act (PFIA), as outlined in Chapter 2256 of the Texas Government Code, requires the City Council to review quarterly investment reports. The reports were prepared by our Investment Advisors, Valley View.
Prior City Council Action
None
Deadline for City Council Action
Approval is requested on April 22, 2025 to maintain PFIA compliance.
Funding Expected: Revenue __ Expenditure __ N/A _x_
Budgeted Item: Yes __ No __ N/A _x_
Amount: None
1295 Form Required? Yes __ No _x_
Legal Review Required: N/A _x_ Required __ Date Completed: ___________
Supporting documents attached:
FY25 Q2 Investment Report
Recommended Action
Approve the FY25 Q2 Investment Report.