Title
Review of the Quarterly Investment Report for the quarter ending June 30, 2021.
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 October 27, 2020, as required by PFIA.
City Council approved:
Quarterly Investment Report for the quarter ending December 31, 2020 on February 9, 2021.
Quarterly Investment Report for the quarter ending March 31, 2021 on May 11, 2021.
Deadline for City Council Action
There is no deadline for action.
Supporting documents attached
Investment Report FY21 - 3rd Quarter
Recommended Action
Approve this item indicating Council review of the investment reports, fulfilling the requirement of the Public Funds Investment Act.