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Clerk & Comptroller's Report 13. 2.

BCC Regular Meeting

Consent

Meeting Date:	04/07/2016
Issue: February 2016 Investment Report
From:	Pam Childers
Department:	Clerk & Comptroller's Office

Recommendation:

Recommendation Concerning Acceptance of the February 29, 2016 Investment Report

That the Board accept, for filing with the Board’s Minutes, the Investment Portfolio Summary Report for the month ended February 29, 2016, as required by Ordinance Number 95-13; on February 29, 2016, the portfolio market value was $294,277,043 and portfolio earnings totaled $189,343 for the month; the short-term portfolio yield was 0.40%, which should be compared to the S&P Government Index Pool Index 30 Day benchmark of 0.34%; the enhanced cash portfolio achieved a yield of 0.72%, which should be compared to the Merrill Lynch 1 Year Treasury Index of 0.68%; the long-term CORE portfolio achieved a yield of 1.32%, which should be compared to the Merrill Lynch 1-5 Year Treasury Index benchmark of 0.92%.

Attachments
Feb 2016 Investment Report