Mike RichardsGlobal Treasury Recruiter & Podcast Host Connecting Talent

Balancing Financial Priorities: Inside the Treasury of Long Beach with Arturo & Fidel Aguayo

3 Sept 2024

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Arturo Aguayo, Long Beach's city treasurer, talks about managing the city's finances and his rise through the financial department. He covers the scale of the city's budget, the complexity of treasury operations, and what the job actually involves day to day.

I was there for a little under a year before the opportunity to go back to the city of Long beach presented itself. It was the position of the debt manager for the city of Long Beach. And so I applied, I got the job. And then I was with the city for about six years in total. And then probably five years into it, I got promoted to city treasurer. Now, just to give you a little background about the city, so the city of Long beach happens to be the I believe it's the seventh largest city in the state of California, second largest city in LA County. So when you talk about the amount, the excitement that's behind an organization, when you talk about the volume of bond transactions, the volume of cash transactions and their the sophistication of their investment portfolio, it's pretty big. It's a large one. The on the debt side, the city had about one point.