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Clerk & Comptroller's Report 10. 1.

BCC Regular Meeting

Consent

Meeting Date:	11/03/2016
Issue: September 2016 Investment Report
From:	Pam Childers
Department:	Clerk & Comptroller's Office

Recommendation:

Recommendation Concerning Acceptance of the September 30, 2016 Investment Report

That the Board accept, for filing with the Board’s Minutes, the Investment Portfolio Summary Report for the month ended September 30, 2016, as required by Ordinance Number 95-13; on September 30, 2016, the portfolio market value was $257,929,749 and portfolio earnings totaled $189,519 for the month; the short-term portfolio yield was 0.52%, which should be compared to the S&P Government Index Pool Index 30 Day benchmark of 0.44%; the enhanced cash portfolio achieved a yield of 0.80%, which should be compared to the Merrill Lynch 1 Year Treasury Index of 0.66%; the long-term CORE portfolio achieved a yield of 1.30%, which should be compared to the Merrill Lynch 1-5 Year Treasury Index benchmark of 0.89%.

Attachments
Sept 16 Investment Report