02-28-2017 School Board Meeting
Agenda Item #19


Title
Investment Performance Report for Quarter Ending December 31, 2016

Discussion
The attached report is a summary of the School Board of Brevard County's quarterly investment review for the period of October 1, 2016 through December 31, 2016 provided by Public Financial Management, Inc (PFM).

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 summary and an executive summary prepared by PFM.


Recommendation
Approve the investment performance review for the quarter ending December 31, 2016.

Meeting Date(s)
Consent w/o Information - 2/28/2017

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

FY
Amount
Budgeted
Fund
Cost Center
Project
Function
Object
Program

Contact
Katrina Kostner, Accounting Supervisor, ext. 654
Jo Ann Clark, Director of Accounting Services, ext. 660
Pennie L. Zuercher, Chief Financial Officer, ext. 600



Attachment:  BREVARD QPR 4Q2016 Final.pdf