Agenda Plus - February 7, 2023 School Board Meeting

February 7, 2023 School Board Meeting

Title
Investment Performance Report for Quarter Ending December 21, 2022

Meeting Date(s)
Consent w/o Information - 02/07/2023

Consent Type
Without Information

Discussion

The attached report is a quarterly investment performance report for the quarter ending December 31, 2022. This report includes a summary of market conditions, economic impacts of COVID-19, and an executive summary with highlights of the District's portfolios. These highlights include:

Market Update - Economic Trends
Account Summary - Allocation, diversification, and maturity. Analytics against investment policy thresholds.
Portfolio Review - Analysis of sector allocation, credit quality, yield, and duration against standard benchmarks.

The report was prepared by the District's investment advisor, PFM Asset Management, LLC.

Recommendation

Approve the investment performance report for the quarter ending December 31, 2022

Authority for Action
Board Policy 6144

Involves Expenditure of Funds Directly in the Classroom
No

Source of Funding

Financial Impact

FY	Amount	Budgeted	Fund	Cost Center	Project	Function	Object	Program

Legal Counsel Review
No

Contact
Stephen Van Brunt, Accounting Manager, ext. 11654, Cynthia Lesinski, Chief Financial Officer, ext. 11600

Attachments
4Q2022 Brevard SD Board Report FINAL.pdf