City Treasurer

The City Treasurer is elected and serves a four-year term. The Deputy City Treasurer is a highly qualified citizen of Laguna Beach who works on a pro bono basis.  Working in a part-time capacity, the City Treasurer's responsibilities include;

  • Chief Investment Officer;
  • Banking services;
  • Ensures compliance with laws governing public funds;
  • Assessment District Trustee including oversight of Fiscal Agent and District Administrator; 
  • Monitors cash flow;
  • Receives cash receipts;
  • Oversees cash disbursement to verify authorization;
  • Conducts the Transient Occupancy Tax and Business Improvement District program reviews.

In 2014, the City of Laguna Beach has received the “Certificate of Excellence” award from the Association of Public Treasurer’s of the United States and Canada and was certified by the California Municipal Treasurers Association.

Investment Policy 

Investment Reports

  
To contact City Treasurer, Laura Parisi, CPA, CCMT, CFIP call (949) 497-0327 or email lparisi@lagunabeachcity.net

Urban Water Diffusion Diversion Units Placed Online
4/18/2014  The Water Quality Department has placed the city's urban water diversion units back online for the summer season. The city maintains 22 urban water diversion units primarily along the coastline. These diversion units serve to redirect over irrigation and other non-stormwater, collected in the storm drain, to the sewer system. These structures function to divert pollutants such as brake dust, oil, fertilizers from landscaping, pesticides, and other debris to the sewer system. Over the course of a year, an average of about 8 tons of debris and pollutants are pulled out of the diversion structures and hauled away for disposal.

Street Slurry Seal Project Evaluation
4/18/2014  The City’s recent street slurry seal project was completed three months ago and has been evaluated by a pavement expert in response to some complaints about the quality of the work. During the course of the project the City had the pavement specialist engineering firm of LaBelle Marvin sample the slurry during and after the application. LaBelle Marvin issued its final report this week indicating that the quality of the product met the standard of the industry and the project specifications. There are some differences of color on parts of El Toro road related to variations in the slurry seal mixtures that were still within specifications. Slurry seal applications are done every seven to ten years to extend the life of the pavement. A slurry seal application does not produce as even texture and color as a pavement overlay, but cost one tenth as much while extending the pavement life many years. Most texture and color variations are evened out after a year of wear and weather.

Annual Composting Classes
4/18/2014  Over 30 residents attended the recent free composting class held at Bluebird Park on April 12. The City’s solid waste hauler, Waste Management, will offer four free composting classes each year as part of the new franchise agreement. The next free class will be held on June 7, 2014 from 10:00 a.m. to 11:00 a.m. at Bluebird Park. Compost bins and worm bins will be available for purchase during the classes at a discounted price. For more information regarding the classes, interested persons are advised to contact the Waste Management class instructor, Lisa Ryder, at (310) 874-2499 or by email at lisarydermoore@gmail.com.

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City Treasurer
Laura Parisi, CPA, CCMT, CFIP
Laguna Beach, CA 92651
Phone: (949) 497-0327
Email: