Broward County Commission Regular Meeting


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AI-28353 13.       
Meeting Date: 02/12/2019  
Director's Name: George Tablack
Department: Finance & Administrative Services Division: Administration
Information
Requested Action
MOTION TO FILE Quarterly Investment Report as required by Section 22.93 of the Broward County Administrative Code.

ACTION:  (T-10:55 AM)  Approved.  

VOTE: 9-0.  Commissioner Geller voted in the affirmative telephonically.
Why Action is Necessary
The Quarterly Investment Report is required by Administrative Code, Section 22.93.
What Action Accomplishes
Notifies the Board of the status of Broward County's investment portfolio.
Is this Action Goal Related
Previous Action Taken
None.
Summary Explanation/Background
THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT RECOMMENDS APPROVAL OF THE ABOVE MOTION.

This report advises the Board of the market value of the investment portfolio compared to the par value, as well as the comparative yield performance of the portfolio, for the quarter ended December 31, 2018.
Source of Additional Information
George Tablack, CPA, Chief Financial Officer, (954) 357-7130
Fiscal Impact
Fiscal Impact/Cost Summary:
There is no fiscal impact associated with this agenda item.
Attachments
Exhibit 1 - Quarterly Investment Report

    

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