Title
Approving the FY23 Q1 Investment Report.
Summary
The Public Funds Investment Act (PFIA), as outlined in Chapter 2256 of the Texas Government Code, requires the City Council to review quarterly investment reports. Valley View Consulting has prepared the reports and will be present for any questions.
Prior City Council Action
None
Deadline for City Council Action
Approval is preferred February 28, 2023 to maintain PFIA compliance.
Funding Expected: Revenue __ Expenditure __ N/A _x_
Budgeted Item: Yes __ No __ N/A x__
Amount: None________
1295 Form Required? Yes __ No _x_
Legal Review Required: N/A _x_ Required __ Date Completed: ___________
Supporting documents attached:
Investment Report
Recommended Action
Approve the FY23 Q1 Investment Report.