HomeMy WebLinkAboutVI- D- Treasurers Report
To: Honorable Mayor and Members of the City Council
From: Uriel Macias, City Treasurer
Date: January 21, 2003
Subject: City Treasurer’s Statement of Cash and Investment Balances for the month of
December 2002
Recommendation:
It is recommended that the Council Members receive, review, and file the City
Treasurer’s Report for the City of Azusa for the month of December 2002.
Background:
Transmitted herewith is the City Treasurer’s Statement of Cash Balances for the City of
Azusa for the month of December 2002. City investments are made in accordance
with the City Investment Policy adopted and approved with Resolution No. O2 – C97
dated, September 16, 2002 and Government Code Section 53600 et seq. The balance
of cash, investments, and projected revenues for the next six months are expected to
be sufficient to meet cash disbursement requirements of the City for at least the next
six months.