City Maintains Investments in State LAIF Pool
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Description
Pismo Beach continues to invest a portion of City Pooled Funds B in the State’s Local Agency Investment Fund (LAIF), earning interest at a reported 3.98 percent rate as of April 2026. The participation is ongoing and no new contract action is recorded in this report.
Contract Details
Vendor
LOCAL AGENCY INVESTMENT FUND (LAIF)
Agency
City of Pismo Beach, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
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