Page 296 - FY 2021-22 Blue Book Volume 1

Finance

Investment
Priority Outcome: Make Los Angeles the best run big city in America
This program manages the City's Investment Program, which includes actively managing the City's multi-
billion dollar General Pool and Special Funds investment portfolios, the purchase and/or reinvestment of City
funds, selling or exchanging securities purchased, and depositing securities for safekeeping to the City
custodial bank as part of its Securities Lending Program.

Program Changes Direct Cost Positions Total Cost

Changes in Salaries, Expense, Equipment, and Special
Apportionment of Changes Applicable to Various Programs 163,812 - 213,972
Related costs consist of employee benefits.
SG: $163,812
Related Costs: $50,160
TOTAL Investment 163,812 -

D 2020-21 Program Budget 1,506,773 5
Changes in Salaries, Expense, Equipment, and Special 163,812 -
2021-22 PROGRAM BUDGET 1,670,585 5

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