Finance
The City's Investment Policy directs the investment of City, Successor Agency and Housing Authority monies with the following priorities established: preservation and safety of principal, liquidity necessary to meet daily cash flow requirements and maximized yield after the first two priorities are met.
The financial statements of the City and the Successor Agency to the Stanton Redevelopment Agency are examined annually by an independent, certified public accounting firm, which renders an opinion that the financial statements fairly represent the financial position of the City and the results of its operations in all material respects.