City Investment Reports and Policy

The City’s Investment Policy requires that staff report to Council quarterly on the City’s portfolio composition and performance compared to the Council-adopted Policy, discuss overall compliance with the City’s Investment Policy, and provide recommendations, if any, for policy changes. In addition, staff provides a detailed list of all securities and reports on the City’s ability to meet expenditure requirements over the next six months.

View the City Investment Policy.(PDF, 454KB)

The City of Palo Alto invests its pooled idle cash according to State of California law and the charter of the City of Palo Alto. The basic principles underlying Palo Alto's investment philosophy is to ensure the safety of public funds, provide that sufficient money is always available to meet current expenditures, and achieve a reasonable rate of return on its investments.