DATE: October 20, 2021
TO: Council Budget and Finance Committee
FROM: Director of Finance
SUBJECT
Investment Portfolio Review and FY 2022 Statement of Investment Policy Update
RECOMMENDATION
That the Council Budget and Finance Committee reviews and comments on the 2020-2021 Year-End Portfolio Review (Attachment II). There are no proposed updates from the City’s portfolio manager, PFM Asset Management, to the Fiscal Year 2022 Statement of Investment Policy (Attachment IV).
SUMMARY
This report provides an overview of the 2020- 2021 year-end City investment portfolio. Staff is recommending that the Committee reviews the Fiscal 2022 Statement of Investment Policy.
ATTACHMENTS
Attachment I Staff Report
Attachment II 2020-2021 Year-End Portfolio Review
Attachment III PFM Asset Management Annual Policy Review Memo
Attachment IV FY 2022 Statement of Investment Policy