About

About Us

California Fixed Income Trust (CalFIT) was formed and is governed by a Board of Trustees comprising California local government finance officials. CalFIT (a joint powers authority under California Government Code Section 6509.7) offers the Stable Value Pool and is eligible for public agency investments pursuant to California Government Code Section 53601(p).

The Stable Value Pool is an investment solution for a local government’s most liquid reserves and invests in high-quality, short-term securities designed to meet the objectives of safety, liquidity, and return. The Stable Value Pool presents its Participants with a convenient way to meet their immediate cash needs while diversifying their cash solutions.

Board of Trustees

Lake County

Alameda County

San Diego County Water Authority

San Diego County*

Patrick Sullivan

Treasurer-Tax Collector

Board President

Henry C. Levy

Treasurer-Tax Collector

Board Vice President

Lisa Marie Harris

Director of Finance/Treasurer

Treasurer

Chris Herrera

Chief Deputy of Treasury

Trustee

Click here for Board agendas.

*Anticipated trustee joining 2026.

Service Providers

Chandler Asset Management

U.S. Bank

CliftonLarsonAllen

Gibbons & Conley

Investment Adviser/
CalFIT Administrator
Custodian

 

www.usbank.com

Legal Counsel

 

www.gibbons-conley.com

closures/Holidays

Holiday Time Date
New Year’s Day
All Day
January 1, 2026
Martin Luther King Day
All Day
January 19, 2026
Presidents Day
All Day
February 16, 2026
Good Friday
Early Close (2 p.m. PT)
April 3, 2026
Day Before Memorial Day
Early Close (2 p.m. PT)
May 22, 2026
Memorial Day
All Day
May 25, 2026
Juneteenth
All Day
June 19, 2026
Day Before Independence Day
Early Close (2 p.m. PT)
July 2, 2026
Independence Day
All Day
July 3, 2026
Labor Day
All Day
September 7, 2026
Columbus Day
All Day
October 12, 2026
Veterans Day
All Day
November 11, 2026
Thanksgiving
All Day
November 26, 2026
Day After Thanksgiving
Early Close (2 p.m. PT)
November 27, 2026
Christmas Eve
Early Close (2 p.m. PT)
December 24, 2026
Christmas Day
All Day
December 25, 2026

We love celebrating the holidays too! Here’s a quick look at when we’ll be closed or running on special hours, so you know exactly when we are available and when we’ll be taking a little break. We follow the SIFMA holiday schedule for financial markets.