Valley News -

By Tony Ault
Staff Writer 

San Jacinto hears financial investment report, asks regular updates from contracted advisors


Last updated 9/13/2018 at 7:11pm


San Jacinto Mayor Crystal Ruiz reads her notes taken during her second meeting with President Donald Trump and Vice President Michael Pence at the Capitol, honoring ICE and the U.S. Border Patrol.

The San Jacinto City Council, following a quarterly City Investment Program report, is requesting its investment managers to provide more information to the city's finance department on the nation's trends for the next five years to apprise the city of the best investment strategies.

The quarterly Statement of Investment Policy was presented by representatives from Chandler Asset Management and Public Trust Advisors who gave a "snapshot" report of the city's cash position at the end of July 31. It showed the city's more than $10 million in investments, as required by government code, poste...

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