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Investment Returns Decrease Unfunded Liability for 2024 Budget Planning

September 10, 2025 | Atherton Town, San Mateo County, California


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Investment Returns Decrease Unfunded Liability for 2024 Budget Planning
During the recent Audit and Finance Committee meeting on September 9, 2025, the Town Council of Atherton highlighted a significant reduction in the town's unfunded liability, a positive development attributed to strong investment returns. This year, the unfunded liability decreased, marking a notable improvement from previous years, and officials expressed optimism that this trend will continue into the next fiscal year.

The committee discussed the implications of investment performance on the town's financial health. Notably, fixed income investments yielded a remarkable 14.3% return for the 2024-2025 period, while public equity saw a slight decline from 17.5% to 16.8%. Despite the fluctuations in public equity, the overall rate of return remained strong, contributing to the reduction in liabilities.

The discussions underscored the importance of maintaining robust investment strategies to further enhance the town's financial standing. As the council continues to monitor these developments, residents can expect ongoing improvements in the town's fiscal health, which may lead to better services and infrastructure in the future.

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