1) Receive and file the attached report listing investment deposits of the City of Arroyo Grande as of January 31, 2023, as required by Government Code Section 53646(b); 2) Determine that ratifying the cash disbursements is not a project subject to the California Environmental Quality Act (“CEQA”) because it has no potential to result in either a direct, or reasonably foreseeable indirect, physical change in the environment. (State CEQA Guidelines, §§ 15060, subd. (b)(2)-(3), 15378.)