Subject
A review and discussion of the 2nd Quarter FY2022 Investment Portfolio activity for the city of Hermiston
Summary and Background
Per the Investment Policy for the city, a report must be made at least quarterly to the city council to ascertain whether investment activities during the quarter have conformed to the Investment Policy Guidelines.
See the attached Investment Summary report for detailed information.
Tie-In to Council Goals:
This report supports the City Council Goal #2: Fiscal Prudence
Fiscal Information
NONE
Alternatives and Recommendation
Alternatives
1. Accept the 2nd Quarter FY2022 Investment Report as presented.
2. Do not accept the 2nd Quarter FY2022 Investment Report as presented and direct staff (if necessary) to correct any deficiencies in the performance measures with regards to the investment portfolio.
Recommendation
Accept the 2nd Quarter FY2022 Investment Report as presented.
Requested Action/Motion
Request a motion to accept the 2nd Quarter FY2022 Investment Report as presented
Submitted By: Mark Krawczyk