City of San Luis Obispo Investment Oversight Committee Agenda Packet 2026-05-21
City Continues Significant Investment in State LAIF Pool
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Description
The City of San Luis Obispo continues to invest in the State’s LAIF program, with a balance of approximately $50.8 million as of March 31, 2026. This pooled investment helps manage liquidity and diversify the City’s cash holdings.
Contract Details
Contract Amount
$50,789,057.88 (investment balance as of March 31, 2026)
Vendor
LAIF
Agency
City of San Luis Obispo, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Renewal Info
Participation in LAIF is ongoing with no specific contract term or renewal date described in the document.
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