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Clerk & Comptroller's Report 11. 1.

BCC Regular Meeting

Consent

Meeting Date:	10/06/2016
Issue: August 2016 Investment Report
From:	Pam Childers
Department:	Clerk & Comptroller's Office

Recommendation:

Recommendation Concerning Acceptance of the August 2016 Investment Report

That the Board accept, for filing with the Board’s Minutes, the Investment Portfolio Summary Report for the month ended August 31, 2016, as required by Ordinance Number 95-13; on August 31, 2016, the portfolio market value was $275,353,851 and portfolio earnings totaled $337,591 for the month; the short-term portfolio yield was 0.51%, which should be compared to the S&P Government Index Pool Index 30 Day benchmark of 0.42%; the enhanced cash portfolio achieved a yield of 0.74%, which should be compared to the Merrill Lynch 1 Year Treasury Index of 0.67%; the long-term CORE portfolio achieved a yield of 1.29%, which should be compared to the Merrill Lynch 1-5 Year Treasury Index benchmark of 0.91%.

Attachments
August 2016 Investment Report