Title
Review of the quarterly investment reports for the 2nd, 3rd and 4th quarters of FY20.
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 approved the 1st quarter investment report for FY20 on April 14, 2020.
The City Council completed the annual review and readoption of the City's Investment Policy on October 27, 2020, as required by PFIA.
Deadline for City Council Action
There is no deadline for action.
Supporting documents attached
Investment Report FY20 - 2nd Quarter
Investment Report FY20 - 3rd Quarter
Investment Report FY20 - 4th Quarter
Recommended Action
Approve this item indicating Council review of the investment reports, fulfilling the requirement of the Public Funds Investment Act.