City Council - 11/3/2025 - Agenda Item N2 - CAMP Investment Pool

The City Council of Oxnard held a meeting on November 3, 2025, to discuss and approve the investment of city funds in the California Asset Management Program (CAMP). The council considered adopting a resolution to authorize these investments and empowered the mayor to execute necessary documents to open accounts with CAMP. CAMP, a joint powers authority established in 1989, offers professional investment services to California public agencies, providing options for liquidity management including a pool with same-day liquidity and a term investment with maturities from 60 days to one year. The decision aligns with the city's fiscal year 2025-26 investment policy and follows relevant California government codes. Neighboring jurisdictions such as Ventura County and nearby cities also utilize CAMP for their investments.