Beaumont · issues
Civic issues
Topics getting the most attention in Beaumont public meetings, ranked by how frequently they come up.
Second Quarter Investment and Cash Management Review
The committee is reviewing first-quarter budget figures, cash holdings, and CalPERS pension funding updates to keep city finances on track.
FY 2025-2026 Fourth Quarter Budget-to-Actuals
The committee is reviewing first-quarter budget figures, cash holdings, and CalPERS pension funding updates to keep city finances on track.
City Investment Policy Modernization
The city is looking to update its investment guidelines with help from Chandler Asset Management to ensure safety, liquidity, and proper returns on municipal funds.
FY 2026-27 Budget Assumptions and Economic Planning
The committee reviewed core financial management policies designed to guide municipal fiscal decisions, risk management, and compliance with accounting standards. These policies help maintain the city's financial health and ensure proper stewardship of public funds.
Fourth Quarter Investment Portfolio and Advisor Transition
The city reviewed its strong investment returns and officially transitioned its portfolio management to Chandler Asset Management Inc. to maximize yield while maintaining safety and liquidity.
City Council Sponsorships and Policy Review
The council reviewed budgeted sponsorships and donations, such as contributions to the local chamber and community events. Rather than approving individual items now, they agreed to group the funds into a single placeholder line item while staff drafts a formal policy.
Long-Term Sales Tax Measure Strategy
City leaders discussed whether to pursue a local sales tax measure in 2026 or wait until 2028. Waiting allows the city to build a proper facilities master plan, tie exact dollar amounts to needed projects like a police station and fire facilities, and run an effective voter education campaign.