Reports.
Seattle Mun. Code § 5.06.050
in effect5.06.050 - Reports.
The Director of Finance and Administrative Services shall file a monthly report with the City Council on the performance of City investments for the preceding month and fiscal year-to-date. Each monthly report shall include a discussion of:
A. The current investment market;
B. Any material change in the City's investment portfolio and practices;
C. The City's investment return as compared to the City's benchmark return, which shall be the rate of return used by the City Council when estimating investment earnings for the purpose of adopting the current year's budget;
D. The average maturity of the City's investment portfolio; and
E. On a quarterly basis, this report will also include, as an attachment, a list of the contents of the City's investment portfolio.
(Ord. 123361, § 118, 2010; Ord. 120794, § 83, 2002; Ord. 120467, § 4, 2001; Ord. 120181 § 26, 2000; Ord. 116368, § 126, 1992; Ord. 110749 § 1(part), 1982.)
Source: City of Seattle, Seattle Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/wa/seattle/codes/municipal_code?nodeId=TIT5REFITA_SUBTITLE_IGERE_CH5.06CIIN_5.06.050REFetched: 11/1/2026