City Council

E. Approval of The City of Rosemead’s FY 2026-27 Statement of Investment Policy The approval of this item approves the Annual Investment Policy and delegation of investment authority to the Finance Director/City Treasurer for FY 2026-27. Staff has reviewed the City’s current investment policy in light of recent amendments to California law and recommends limited updates to maintain consistency with current statutory authority and clarify certain policy provisions. Recommendation: That the City Council approve the proposed updates to the City’s Investment Policy; and delegate investment authority to the City Treasurer for the upcoming year, in accordance with Government Code Section §53607. Staff Report