Laguna Beach

City Council

July 11, 2023 Item #15

Agenda Item 15

15. REQUEST FROM THE CITIZENS’ AUDIT REVIEW AND INVESTMENT\nADVISORY COMMITTEE TO CONTINUE EVALUATING OUTSOURCING\nTHE MANAGEMENT OF THE CITY’S INVESTMENT PORTFOLIO\nRecommendation: Approve further evaluation of outsourcing of the management of\nthe City's investment portfolio by issuing a Request for Proposals (RFP) to potentially\noutsource the investment program and comparing it with the investment program\nmanaged by the City Treasurer.\nStaff Report