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Clerk & Comptroller's Report 16. 1.

BCC Regular Meeting

Consent

Meeting Date:	04/06/2017
Issue: February 2017 Investment Report
From:	Pam Childers
Department:	Clerk & Comptroller's Office

Recommendation:

Recommendation Concerning Acceptance of the February 28, 2017 Investment Report

That the Board accept, for filing with the Board’s Minutes, the Investment Portfolio Summary Report for the month ended February 28, 2017, as required by Ordinance Number 95-13; on February 28, 2017, the portfolio market value was $294,094,032 and portfolio earnings totaled $221,953 for the month; the short-term portfolio yield was 0.66%, which should be compared to the S&P Government Index Pool Index 30 Day benchmark of 0.59%; the long-term CORE portfolio achieved a yield of 1.35%, which should be compared to the Merrill Lynch 1-5 Year Treasury Index benchmark of 1.40%.

Attachments
February 2017 Investment Report