12-13-2016 Regular School Board Meeting
Agenda Item #19


Title
Investment Performance Review for Quarter Ending September 30, 2016

Discussion
The attached report is a summary of the Brevard County School Board's quarterly investment review for the period of July 1, 2016 through September 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, and
  • Issuer & security type allocation compliance per policy.


Recommendation
Approve the investment performance review for the quarter ending September 30, 2016.


Meeting Date(s)
Consent w/o Information - 12/13/2016

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 L. Zuercher, Chief Financial Officer, ext. 600



Attachment:  BREVARD 3Q16 Final.pdf