Subject
A review and discussion of the 3rd quarter FY2022 investment activity for the City of Hermiston.
Summary and Background
Per the Investment Policy for the City of Hermiston, a report shall be made to the City Council at least quarterly to ascertain whether investment activities during the period have properly conformed to the Investment Policy guidelines
Tie-In to Council Goals:
Fiscal Prudence
Fiscal Information
Invest money to make money, but don’t lose money.
Alternatives and Recommendation
Alternatives
1. Accept the 3rd Quarter FY2022 Investment Report as presented
2 Do NOT accept the 3rd 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 3rd Quarter FY2022 Investment Report as presented.
Requested Action/Motion
Request a motion to accept the 3rd Quarter FY2022 Investment Report as presented.
Submitted By: Mark Krawczyk