9/16/2026 Investment Committee Meeting

The City of Oak Harbor Investment Committee held a meeting on September 16, 2026, focusing primarily on the city's investment portfolio and economic outlook. The committee reviewed the current bond holdings, local government investment pool (LGIP) rates, and the impact of recent Federal Reserve rate changes on investment returns. Discussion included the city's investment policy goals of preserving capital, achieving benchmark returns, and maintaining liquidity. The committee also touched on the allocation of funds, noting that while some funds are restricted, most are available for council-approved projects, including potential capital improvements. Inflation trends, energy cost increases, and their implications for the city's budget were also discussed. No specific contract awards, RFPs, or vendor selections were mentioned during the meeting. The committee planned to schedule the next meeting after the third quarter financials are available.