CC MEETING: March 26, 2020
DATE: March 17, 2020
TO: Erin Rinehart, City Manager
FROM: Robert B. Scott, Assistant City Manager/Chief Financial Officer
Title
Consider A Resolution Accepting The Investment Officer’s Quarterly Report For First Quarter Ended December 31, 2019.
Body
BACKGROUND:
The City’s Investment Policy and Chapter 2256, Government Code, the Public Funds Investment Act requires the Investment Officer to report to Council each quarter the investment transactions and strategy for the investment portfolio of the City. In compliance with this policy and fulfillment of Section 2256.023 Internal Management Reports of the “Public Funds Investment Act” the Investment Officer’s Quarterly Report for first quarter ended December 31, 2019 is available on the city’s website for approval at the council meeting at <http://www.cityofcarrollton.com/departments/departments-a-f/finance/treasury>.
FINANCIAL IMPLICATIONS:
This report provides all information related to all the securities investment transactions performed by the authorized investment officers for the first quarter ended December 31, 2019.
STAFF RECOMMENDATION/ACTION DESIRED:
Consider a resolution accepting the Investment Officer’s Quarterly Report for first quarter ended December 31, 2019.