Merced Irrigation District Board of Directors Meeting Agenda February 2026
PFM Reviews MID 2026 Investment Policy Compliance
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Description
PFM Asset Management, a division of U.S. Bank Asset Management, reviewed Merced Irrigation District’s 2025 Investment Policy and recommended updates to comply with new state investment statutes effective January 1, 2026. The memorandum outlines changes to commercial paper limits, zero-interest U.S. government securities, and reporting requirements for public officials managing investments.
Contract Details
Vendor
PFM ASSET MANAGEMENT DBA U.S. BANK ASSET MANAGEMENT
Agency
Merced Irrigation District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
February 3, 2026
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