Town of Fairfax Staff Report Treasurer's Report May 2026
Town Continues Investments in State LAIF Pool
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Description
The Town of Fairfax continues to invest surplus funds in the State of California Local Agency Investment Fund (LAIF), with a balance of $4,501,228 and quarterly interest earnings of $52,444.53 as of March 31, 2026. The LAIF apportionment rate for the quarter was 3.98%.
Contract Details
Vendor
STATE OF CALIFORNIA LOCAL AGENCY INVESTMENT FUND (LAIF)
Agency
Town of Fairfax, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 6, 2026
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