Board of Supervisors Tues Mtg 05-19-26 · Report of Lake County Pooled Investments

The County of Lake Board of Supervisors held a meeting on May 19, 2026, to review and accept the quarterly investment report for the period ending March 31, 2026. The Treasurer-Tax Collector, along with Carlos Oblitas from Chandler Asset Management, presented an overview of the county's pooled investment portfolio, which totaled approximately $483.1 million. The discussion focused on the portfolio's performance, current yield of 4.19%, and the impact of economic factors such as inflation, interest rates, and geopolitical events on investment returns. The portfolio was noted to be well-diversified, high credit quality, and compliant with county investment policies and California government code. The board voted unanimously (5-0) to accept the investment reports as presented.