Description
Title: City of San José Investment Policy Annual Review.
Summary
The San José City Council is set to review updates to the City’s Investment Policy on March 10, 2026, following recommendations from the Public Safety, Finance, and Strategic Support Committee. The legislation involves an annual review and aims to enhance the management of public funds while ensuring compliance with state laws. Key actions include examining investments linked to U.S. Immigration and Customs Enforcement and revising the list of primary dealers. The policy emphasizes safety, liquidity, and yield of investments, adhering to fiduciary standards. This review is significant as it reflects the City’s commitment to responsible investment practices while addressing community concerns related to corporate holdings and ethical considerations in financial dealings.