Guidance surrounding the investment of funds comes from both State Code as well as the Investment Policy. The investment portfolio is inclusive of the majority of cash financial assets of the City of Virginia Beach. The primary objectives, in priority order, of the City's investment activities are safety, liquidity and yield. The investment portfolio is influenced by many factors including interest rates, cash flow demands and anticipated tax revenues.
Investments Memos to City Council
Below are the quarterly reports provided to City Council outlining portfolio details by investment type, maturity and yield.