TO: AC Transit Board of Directors
FROM: Salvador Llamas, General Manager/Chief Executive Officer
SUBJECT: Monthly Report on Investments for February, March, and April
BRIEFING ITEM
AGENDA PLANNING REQUEST: ?
RECOMMENDED ACTION(S):
Title
Consider receiving the Monthly Report on Investments for the months of February, March and April.
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 February 28, 2026, the District had the following investments ($ millions):
Money Market (General Fund - Principal)
$40.976
Money Market (General Fund - Small banks)
$1.832
Money Market (Other - Principal)
$13.763
Treasury Bills and Notes
$140.157
Local Agency Investment Fund (LAIF)
$15.346
As of March 31, 2026, the District had the following investments ($ millions):
Money Market (General Fund - Principal)
$8.633
Money Market (General Fund - Small banks)
$1.833
Money Market (Other - Principal)
$13.782
Treasury Bills and Notes
$173.031
LAIF
$15.394
As of April 30, 2026, the District had the following investments ($ millions):
Money Market (General Fund - Principal)
$9.016
Money Market (General Fund - Small banks)
$1.833
Money Market (Other - Principal)
$13.803
Treasury Bills and Notes
$175.158
LAIF
$15.443
In compliance with Section 15.0 of Board Policy 349, Investment Policy, the Monthly Report on Investments for February, March, and April is forwarded to the Board of Directors for review. The portfolio detailed in the report complies with Board Policy 349, and the District is...
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