SAN DIEGO, CA - San Diego County Treasurer Larry Cohen, MBA, announced today that the Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to the San Diego County Investment Pool for its annual comprehensive financial report for the fiscal year that ended June 30, 2025.

This marks the 28^th consecutive year the investment pool has received this distinction.

“Thanks to the diligent work of the Treasury and Investment Division, who spearheaded the production of this comprehensive financial report, our investment pool reached $16.1 billion in public funds in February 2026,” said Cohen. “We are guided by three main principals: safeguarding the principal of the invested funds, meeting the liquidity needs of our pool participants, and achieving an investment return with prudent risk management.”

Each year, submittals are judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the report. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

The Treasurer-Tax Collector’s team invests the funds in high quality securities on behalf of the pool’s participants, who use the money for the operational and capital needs of their agencies. Currently, 210 public agencies in the San Diego region invest in the pool, including all 42 public school districts, five community college districts, the San Diego Regional Airport Authority, SANDAG, MTS, and other public agencies such as cities, fire, and water districts.

In addition to the County Treasury’s full-time investment team, a nine-member oversight committee, consisting of county, school, and public agency officials and members of the public, reviews and monitors the investment pool.