Summary
To: Finance Advisory Board
From: Amy Lockhart, Interim Finance Director
Date: 7/11/2024
______________________________________________________________________
Subject:
Title
Investment Schedule - FY2024 3rd Quarter Results
Summary:
Present results on investing available funds for the third quarter of FY2024
Body
Background/Problem Discussion: Staff continues to monitor cash flow to maximize investment earnings.
Financial Implications: Investment earnings through the 3rd quarter total $823,428. This is an increase of $272,120 from FY2023 3rd quarter.
Recommendation: Staff recommends approval of the investment schedule to be presented to the Town Commission at the next regularly scheduled meeting.
Proposed Motion: I move to recommend approval of the investment schedule to be presented to the Town Commission at the next regularly scheduled meeting.