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February 25, 2020 Regular School Board Meeting
Title
Investment Performance Report for Quarter Ending December 31, 2019
Meeting Date(s)
Consent w/o Information - 02/25/2020
Consent Type
Without Information
Discussion

The attached report is a quarterly investment review for the quarter ending December 31, 2019.

The highlights of the report are as follows:

  • Summary of yield by major fund against standard benchmarks
  • Maturity distribution, credit quality, & sector allocation by fund
  • Issuer & security type allocation compliance per policy

The report also includes a quarterly market report and an executive summary prepared by Public Financial Management, Inc. (PFM), the District's investment advisers. 

Recommendation

Approve the investment performance review for the quarter ending December 31, 2019.

Authority for Action
Board policy - 6144
Involves Expenditure of Funds Directly in the Classroom
No
Source of Funding

Agenda Item will not Require the Expenditure of Funds
Financial Impact
FY Amount Budgeted Fund Cost Center Project Function Object Program
                 
Legal Counsel Review
No
Contact
Katrina Kostner, Accounting Manager, ext. 11654 Jo Ann Clark, Director, Accounting Services, ext. 11660
Attachments
Brevard Board Report 4Q 2019.pdf
Agenda Plus