Investment Portfolio Management
The City Treasurer is responsible for managing the City's investment portfolio.
The portfolio consists of general fund pooled cash and various restricted funds. The portfolio balances consist of property taxes collected and other revenues received, including Wisconsin State shared revenue and aid payments, as well as various fines and fees. Since the City's cash flow requirements do not always equal the current fund balance, any funds not needed immediately to meet current expenditures are invested in various investment instruments authorized under Wisconsin State Statutes.
In 2012, $1,252,500 was realized in investment revenue of which 1/3, or $417,500 went to the Public Debt Amortization Fund (PDAF) and $835,000 went to the General Fund. The General Fund investment revenue realized reduces the amount of the property tax levy.