HomeMy WebLinkAbout11-20-2025 IOC Minutes
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Investment Oversight Committee Minutes
November 20, 2025, 10:00 a.m.
Council Chambers, 990 Palm Street, San Luis Obispo
Investment Oversight
Committee Members
Present:
Member Debbie Malicoat, Member Anni Wang, Chair Emily
Jackson, Emily Francis
Investment Oversight
Committee Members
Absent:
City Manager Whitney McDonald, Committee Member Jan Marx,
Member Erica A. Stewart, Riley Kuhn
City Staff Present: Administrative Assistant Michelle Karpovich
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1. CALL TO ORDER
A Regular Meeting of the San Luis Obispo Investment Oversight Committee was
called to order on November 20, 2025 at 10:06 a.m. in the Council Hearing Room
at City Hall, 990 Palm Street, San Luis Obispo, by Chair Jackson.
2. PUBLIC COMMENT FOR ITEMS NOT ON THE AGENDA
Public Comment:
--End of Public Comment--
3. CONSENT
3.a CONSIDERATION OF MINUTES - OCTOBER 30, 2025 INVESTMENT
OVERSIGHT COMMITTEE MINUTES
Motion By Emily Francis
Second By Member Wang
To approve the Investment Oversight Committee Minutes of October 30,
2025.
Ayes (5): Member Malicoat, Member Wang, Chair Jackson, Riley Kuhn,
and Emily Francis
Absent (1): City Manager Whitney McDonald
2
CARRIED (5 to 0)
4. BUSINESS ITEMS
4.a PRESENTATION OF THE QUARTERLY INVESTMENT REPORT ON
PORTFOLIO PERFORMANCE & ECONOMIC OUTLOOK
Receive and confirm investment policy compliance.
Motion By Member Wang
Second By Emily Francis
Receive and confirm investment policy compliance.
Ayes (5): Member Malicoat, Member Wang, Chair Jackson, Riley Kuhn,
and Emily Francis
Absent (1): City Manager Whitney McDonald
CARRIED (5 to 0)
4.b ANNUAL REVIEW OF CITY INVESTMENT POLICY AND MANAGEMENT
PLAN
To approve the changes to the City's Investment Policy and Management
Plan as directed by the October 30, 2025 meeting.
Motion By Emily Francis
Second By Member Wang
Ayes (5): Member Malicoat, Member Wang, Chair Jackson, Riley Kuhn,
and Emily Francis
Absent (1): City Manager Whitney McDonald
CARRIED (5 to 0)
5. COMMENT AND DISCUSSION
5.a STAFF UPDATES AND AGENDA FORECAST
6. ADJOURNMENT
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APPROVED BY INVESTMENT OVERSIGHT COMMITTEE: 02/19/2026