Treasury

Prudent management of investments for all City Funds while maintaining the highest Safety, Liquidity, and Yield in accordance with Federal and State Law, and the City of Millbrae’s Investment Policy.

Customers:

The City Treasurer provides periodic Investment Reports to the City Council and City Manager.

Services:

The City Treasurer monitors interest rates and evaluates investment options as they relate to Federal and State regulations and the City of Millbrae's Investment Policy. The preparation of Investment Reports provides Citizens, City Council, City Manager, and Departments with information that will aid in making informed decisions.

Division Products:

• Monthly and Quarterly Investment Reports

Division Services:

• Signature Authority on City Investment and Bank Accounts
• Authorization of Wire Transfers Between Accounts
• Ensure Investments Maximize Safety and Interest Yields to the Maximum Extent that is Prudent