Pam Childers, Clerk of the Circuit Court & Comptroller
Organization:
Clerk & Comptroller's Office
Recommendation:
Recommendation Concerning the Acceptance of the December 31, 2017 Investment Report
That the Board accept, for filing with the Board’s Minutes, the Investment Portfolio Summary Report for the month ended December 31, 2017, as required by Ordinance Number 95-13; on December 31, 2017, the portfolio market value was $402,975,296 and portfolio earnings totaled $325,686 for the month; the short term portfolio yield 1.06%, which should be compared to the S&P Government Index Pool Index 30 Day benchmark of 1.15%; the long-term CORE portfolio achieved a yield of 1.99%, which should be compared to the Merrill Lynch 1-5 Year Treasury Index benchmark of 1.97%.