Second Quarter Financial Reports for Fiscal Year 2025-2026.

This memorandum addresses the Second Quarter Financial Reports for Fiscal Year 2025-2026, covering various financial programs including Debt Management, Investment Management, Revenue Management, and Purchasing and Risk Management. It includes recommendations from the Public Safety, Finance and Strategic Support Committee to accept these reports and highlights key financial activities and performance metrics as of December 31, 2025.

Key points

• The memorandum is addressed to the Mayor and City Council from the City Clerk, Toni J. Taber.
• The reports cover the period ended December 31, 2025.
• Key programs reported include Debt Management, Investment Management, Revenue Management, and Purchasing and Risk Management.
• The recommendation is to accept the financial reports as presented.
• The reports were reviewed by the Public Safety, Finance and Strategic Support Committee on February 19, 2026.
• The memorandum indicates that the General Fund balance decreased by $40 million during the quarter.
• The total outstanding debt is reported as $4.25 billion.

Limitations

• The text includes unresolved placeholders such as '[Public Safety, Finance and Strategic Support Committee 2/19/2026 - Item (d)1]' and '[truncated]' which affect the completeness of the summary.
• Specific details regarding dollar amounts, votes, or outcomes are not provided.

Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.

This document is the City Investment Report for the quarter ended December 31, 2025, prepared by the Finance Department. It includes details on portfolio performance, compliance with investment policy, and investment activity. The total portfolio size is approximately $2.49 billion, with an earned interest yield of 4.018% and a weighted average days to maturity of 713 days. The report indicates no exceptions to the City’s Investment Policy during the quarter. It will be discussed in the Public Safety, Finance and Strategic Support Committee meeting on February 19, 2026, and reviewed by the City Council on March 10, 2026.

Key points

• Total portfolio size: $2,493,932,545
• Earned interest yield: 4.018%
• Weighted average days to maturity: 713 days
• Fiscal year-to-date net interest earnings: $52,772,992
• No exceptions to the City’s Investment Policy during this quarter

Limitations

• The document contains unresolved placeholders and sections that are blank.
• Specific details about the investment trading activity are truncated.

Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.

The source text indicates this attachment appears to be a draft document.

The document is a Second Quarter Financial Report for Fiscal Year 2025-2026 prepared for the Public Safety, Finance and Strategic Support Committee. It includes sections on debt management, investment management, revenue management, and purchasing and risk management. Key figures include outstanding debt of $4.25 billion and a total investment portfolio of approximately $2.49 billion. The report also discusses the performance of various financial programs and includes recommendations for acceptance and further action by the City Council.

Key points

• Outstanding debt is reported at $4.25 billion.
• Total investment portfolio is approximately $2.49 billion.
• General Fund balance decreased by $40 million, ending at $326 million as of December 31, 2025.
• The report includes a recommendation to accept the financial reports for various programs.

Limitations

• The document appears to be a draft as it includes placeholders and unresolved sections.
• Specific dates and amounts are not provided for some financial figures.

Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.