Title
Review of the Quarterly Investment Report for the quarter ending December 31, 2016.
Summary
The Public Funds Investment Act (Texas Government Code, Chapter 2256) requires the City Council to review the investment reports prepared by the Finance Department.
Deadline for City Council Action
There is no deadline for action.
Fiscal Impact
There is no fiscal impact as a result of this action.
Staff Recommendation
Approving this item indicates Council review of the investment reports, fulfilling the requirement of the Public Funds Investment Act.
Drafter
Lauri Gillam
Assistant City Manager