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Report From City Treasurer 08-06-13

Report From City Treasurer 08-06-13

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Published by L. A. Paterson
Carmel City Council Agenda Item
Carmel City Council Agenda Item

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Published by: L. A. Paterson on Aug 03, 2013
Copyright:Attribution Non-commercial

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01/16/2014

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1
CITY
TREASURER'S
REPORT
Carmel-by-the-SeaAugust
6,
2013
 
2
ROLE
OF
THE
CITY
TREASURER
Invest City's "Investable" funds
Assess
effectiveness
of
the
City'sdisbursement controls
 
3
GOALS
OF
INVESTMENT
DECISIONS
• Safety:
low
risk
of
default
Liquidity: easy access
to
cash value
of
anasset• Yield: level
of
interest
payments

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