TO: AC Transit Board of Directors
FROM: Salvador Llamas, General Manager/Chief Executive Officer
SUBJECT: Monthly Report on Investments for August, September, and October
BRIEFING ITEM
AGENDA PLANNING REQUEST: ?
RECOMMENDED ACTION(S):
Title
Consider receiving the Monthly Report on Investments for the months of August, September and October 2025.
Staff Contact:
Chris Andrichak, Chief Financial Officer
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization
The Monthly Report on Investments is provided to the Board of Directors to demonstrate 1) the District's compliance with Investment Policy Guidelines; and 2) the District's ability to meet its liquidity needs in the near term.
BUDGETARY/FISCAL IMPACT:
There are no budgetary or fiscal impacts associated with this report.
BACKGROUND/RATIONALE:
As of August 31, 2025, the District had the following investments:
Money Market (General Fund - Principal)
$ 11.74 Million
Money Market (General Fund - Small banks)
$ 1.82 Million
Money Market (Other - Principal)
$ 16.03 Million
Treasury Bills and Notes
$ 192.16 Million
Local Agency Investment Fund (LAIF)
$ 15.07 Million
As of September 30, 2025, the District had the following investments:
Money Market (General Fund - Principal)
$ 11.77 Million
Money Market (General Fund - Small banks)
$ 1.82 Million
Money Market (Other - Principal)
$ 16.06 Million
Treasury Bills and Notes
$ 192.75 Million
LAIF
$ 15.13 Million
As of October 31, 2025, the District had the following investments:
Money Market (General Fund - Principal)
$ 15.42 Million
Money Market (General Fund - Small banks)
$ 1.83 Million
Money Market (Other - Principal)
$ 12.30 Million
Treasury Bills and Notes
$ 192.41 Million
LAIF
$ 15.19 Million
In compliance with Section 15.0 of Board Policy 349, Investment Policy, the Monthly Report on Investments for August, September, and October is forward...
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