Title
Review of the Quarterly Investment Report for the quarter ending September 30, 2018.
Summary
The Public Funds Investment Act (PFIA), as outlined in Chapter 2256 of the Texas Government Code, requires the City Council to review the quarterly investment reports prepared by the Finance Department.
Prior City Council Action
The City Council completed the annual review and readoption of the City's Investment Policy on September 11, 2018, as required by PFIA.
Deadline for City Council Action
There is no deadline for action.
Supporting documents attached
Investment Report 2018 - 4th Quarter
Recommended Action
Approve this item indicating Council review of the investment reports, fulfilling the requirement of the Public Funds Investment Act.