City of Auburn Staff Report Report of Investment – Quarter Ending March 31, 2026 2026-06-01
City Invests Surplus Funds in State LAIF Program
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Description
The City of Auburn participates in the State of California's Local Agency Investment Fund, earning 4.34% on approximately $135,000 as of March 31, 2026. LAIF provides a diversified, state-managed investment option for local agency funds.
Contract Details
Vendor
LOCAL AGENCY INVESTMENT FUND (LAIF)
Agency
City of Auburn, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 1, 2026
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