08-23-2016 Special School Board Meeting
Agenda Item #10


Title
Investment Performance Report for Quarter Ending June 30, 2016

Discussion
The attached report is a summary of the Brevard County School Board's quarterly investment report for the period of April 1, 2016 through June 30, 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
  • Portfolio quarterly transactions 
  • Issuer & security type allocation compliance per policy


Recommendation
Approve the Investment Performance Review for the quarter ending June 30, 2016.

Meeting Date(s)
Consent w/o Information - 8/23/2016

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 Zuercher, Chief Financial Officer, ext. 600



Attachment:  BREVARD 2Q16 COMPLETE - FINAL.pdf