City of Visalia Investment Policy and Authority Approval

Original title: Authorize Investment Authority - Approve Resolution Number 2026-35 adopting the City of Visalia’s annually updated Investment Policy and delegate authority to invest funds for the City of Visalia to the Finance Director/Treasurer for fiscal year 2026-27.

June 1, 2026

finance city-budget investment-policy local-government

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The Frame

What this does

This resolution establishes the legal framework and personnel responsible for managing city funds for the 2026-27 , affecting how public money is invested and overseen.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Finance Director/Treasurer

This individual is granted the legal authority to manage and invest city funds for the upcoming fiscal year.

Visalia City Council

The council members voted to adopt the policy and delegate investment oversight.

What changed

Last recorded activity June 1, 2026.

What's next

Next step not available in the current record.

Summary

The Visalia City Council has passed Resolution 2026-35, which adopts the city's updated investment policy for the 2026-27 . This resolution formally delegates the authority to manage and invest city funds to the Finance Director/Treasurer.

Key Facts

Resolution 2026-35 was passed by the Visalia City Council.
The resolution adopts the City of Visalia’s annually updated Investment Policy.
Authority to invest city funds is delegated to the Finance Director/Treasurer.
The policy and delegation of authority apply to the 2026-27 fiscal year.
The item was processed as a Consent Item.
The file identifier for this action is 25-0835.

Frequently Asked Questions

Who is responsible for investing city funds under this resolution?

The Finance Director/Treasurer is delegated the authority to invest funds for the City of Visalia.

How long does this investment authority last?

The authority is granted for the 2026-27 .

Why It Matters

This resolution establishes the legal framework and personnel responsible for managing city funds for the 2026-27 , affecting how public money is invested and overseen.