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May 30, 2023 Board Meeting
Title
Investment Performance Report for Quarter Ending March 31, 2023
Meeting Date(s)
Consent w/o Information - 05/30/2023
Consent Type
Discussion

The attached report is a quarterly investment performance report for the quarter ending March 31, 2023.  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 March 31, 2023

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, Richard Miller, Director of Accounting Services, ext. 11660, Cynthia Lesinski, Chief Financial Officer, ext. 11600
Attachments
1Q2023 Brevard SD Board Report FINAL.pdf
Agenda Plus