ITEM TITLE:
June 2026 Monthly Treasury Report
SUBMITTED BY: Casey Dschaak, Budget and Policy Analyst
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
Receive and File
SUMMARY STATEMENT:
This is the monthly treasury report as required by Municipal Code.
A recent decline in yield received on municipal monies reflects a cautious approach to bond purchases in the second quarter of 2026 in anticipation of uncertain 43.56 property tax valuation and disputes. The decline is a result of additional monies being held in the most flexible money market account rather than purchasing bonds. Bond purchasing has resumed.