Broward County Commission Regular Meeting
Director's Name: George Tablack
Department: Finance and Administrative Services Division: Administration
Information
Requested Action
title
MOTION TO FILE Quarterly Investment Report as required by Section 218.415(15), Florida Statutes and Section 22.93 of the Broward County Administrative Code.
body
Why Action is Necessary
Periodic reporting to the local governing body is required by Section 218.415(15), Florida Statutes. Broward County Administrative Code, Section 22.93, requires that the reporting is done on a quarterly basis.
What Action Accomplishes
Notifies the Board of the status of Broward County’s investment portfolio.
Is this Action Goal Related
No
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 March 31, 2022.
Source of Additional Information
George Tablack, Chief Financial Officer, (954) 357-7130
Fiscal Impact
Fiscal Impact/Cost Summary
There is no fiscal impact.