Item Coversheet

AGENDA DATE:AugustĀ 9, 2016
SUBJECT:Receive the Investment Report for the Period Ending June 30, 2016

Eric Cannon, Chief Financial Officer

Dana Thornhill, Controller


Under the Public Funds Investment Act (the Act) the investment officer of an entity must prepare and submit to the governing body a written report of investment transactions for all funds covered by this chapter for the preceding reporting period.  The report must be submitted quarterly.  The attached report, for the period ending June 30, 2016, meets that requirement of the Act.


The Act requires that the following information be presented in the report: beginning market value, ending market value for the period, book value at the beginning and end of the reporting period, the fund type invested and the maturity date. 


The Act also requires that the report be prepared and signed by all authorized investment officers verifying that the information presented is accurate.


The investment report summarizes all investment types and provides a summary of total investments by fund group.  Government investments are listed separately and show changes in book and market value during this period.  A list of definitions of terms used in the report is also included.


This report should be placed on the Council agenda as an information item.  No action is necessary.

Investment Report for the Period Ending June 30, 2016
Certify Investment Report
Definition of Terms