Mission Statement
To utilize corporate approaches to professionally
and responsibly manage the financial affairs of the City, to protect
and further the City’s strong financial reputation, and to
effectively and efficiently provide related support services for
citizens and City operations.
The Treasury Management function includes:
- Investment Management
- Debt Management
- Capital Investment
- Pension Administration
- Investor Relations
Investment Management - administers and
invests available operating funds to meet or exceed benchmark rates
of return on the City’s investment portfolios while maintaining
safety of principal.
Debt Management - manages a diversified
debt portfolio to efficiently address the City’s funding needs.
Capital Investment - works with City
departments to develop workable financing plans for acquisition and
construction of capital project and works closely with the
Management and Budget Division to develop the City’s five-year
Capital Improvement Plan.
Pension Administration - administers,
monitors and coordinates the activities for the City's three Defined
Benefit Plans (Police, Firefighters’ and General Employees’), one
Defined Contribution Plan (401a) and the voluntary Deferred
Compensation Plan (457).
Investor Relations - maintains a strong
working relationship with bond rating agencies, bond insurance
companies, as well as municipal bond analysts and municipal bond
investors.
Treasury Reports:
Quarterly Investment Report
Bond Disclosure Supplement
Pension Fund CAFRs
Treasury Policies:
Investment Policy
Debt Management Policy
Interest Rate Risk Management Products Policy
Reserve Policy
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