Approval of City Investment Policy and Treasurer Authority
June 9, 2026
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Finance Connection
| Candidate | Donor | Amount | Industry | Date |
|---|---|---|---|---|
| Mike Griffiths for Torrance City Treasurer 2022 | Mike Griffiths for Torrance City Council 2020 | $15,000 | - | Feb 2022 |
| Mike Griffiths for Torrance City Treasurer 2022 | Mike Griffiths for Torrance City Council 2020 | $15,000 | - | Feb 2022 |
| Mike Griffiths for Torrance City Treasurer 2022 | Mike Griffiths for Torrance City Council 2020 | $15,000 | - | Feb 2022 |
| Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018 | Fontanans for John Roberts City Council 2022 | $8,100 | - | Oct 2022 |
| Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018 | Citizens and Friends of Acquanetta Warren for Mayor 2022 | $5,000 | - | Oct 2022 |
| Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018 | James Previti | $4,900 | President/CEO | Sep 2022 |
| Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018 | KAL Trailers & Leasing Inc | $4,900 | - | Sep 2022 |
| Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018 | David Wiener | $4,900 | Owner | Jul 2022 |
| Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018 | Inland Empire Business Alliance | $3,750 | - | Nov 2022 |
| Krystle Palmer for Burbank City Treasurer 2020 | Sean Palmer | $3,500 | Technical Director | Nov 2020 |
| Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018 | San Bernardino County Business Owners PAC | $3,200 | - | Aug 2022 |
| Carla Denez Towns, Rialto City Treasurer 2024 | Carla Denez Towns | $3,139 | - | Dec 2024 |
| Tiegel Doherty for City Treasurer 2020 | Tiegel Doherty for City Treasurer 2020 | $2,924 | - | Jul 2021 |
| Lindsey Francois for Burbank City Treasurer 2020 | Lindsey Francois | $2,681 | Engineer | Jan 2021 |
| Lindsey Francois for Burbank City Treasurer 2020 | Lindsey Francois | $2,681 | Engineer | Jan 2021 |
| Mike Griffiths for Torrance City Treasurer 2022 | Mike Griffiths for Torrance City Council 2020 | $2,000 | - | Jan 2022 |
| Mike Griffiths for Torrance City Treasurer 2022 | Mike Griffiths for Torrance City Council 2020 | $2,000 | - | Jan 2022 |
| Committee to Re-elect Janet Koehler-Brooks City Treasurer 2018 | Citizens and Friends of Acquanetta Warren for Mayor 2022 | $2,000 | - | Oct 2022 |
| Mike Griffiths for Torrance City Treasurer 2022 | Mike Griffiths for Torrance City Council 2020 | $2,000 | - | Jan 2022 |
| Krystle Palmer for Burbank City Treasurer 2020 | Krystle Palmer | $1,849 | City Treasurer | Nov 2020 |
Reported financial relationships and timing signals. This does not prove motive or influence. Readers draw their own conclusions.
The Frame
This resolution defines the rules for how the city invests public money and designates the City Treasurer as the official responsible for these financial decisions.
Potentially affected actors named in the source documents. Mention is not a position.
City Treasurer
The Treasurer receives formal authority to manage city investments.
City Council
The Council is responsible for voting on the adoption of the policy and the delegation of authority.
Last recorded activity June 9, 2026.
Next step not available in the current record.
Summary
Key Facts
- The resolution formally adopts a Statement of Investment Policy for the city.
- The resolution delegates investment authority to the City Treasurer.
- The document is filed under number AR-26-207.
- The item is currently designated for the City Council's consent calendar.
- The resolution was introduced on May 26, 2026.
Frequently Asked Questions
What does it mean to delegate investment authority?
What is a consent calendar?
Why It Matters
This resolution defines the rules for how the city invests public money and designates the City Treasurer as the official responsible for these financial decisions.
News Coverage
Sponsors
Connected Entities
Sources
webapi.legistar.com
Analysis Score
0–100- Significance40How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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