(A) Investments, fund balances and the status of such accounts will be reported at each regularly scheduled meeting of the City Council and shall at least quarterly include information regarding securities in the portfolio by class or type, book value, income earned and market value as of the report date.
(B) At least annually, the Chief Investment Officer shall review this policy for any needed modifications and report to the City Council on the investment portfolio, its effectiveness in meeting the city’s need for safety, liquidity, rate of return, diversification and general performance.
(C) These reports will be available to the general public upon request.
(Prior Code, § 1-5-17)