Legislation Details

File #: 23-0594    Version: 1
Type: Consent Item Status: Agenda Ready
File created: 3/16/2023 In control: Board of County Commissioners
On agenda: 4/11/2023 Final action:
Title: Fiscal Year 2022 (FY2022) Alachua Board of County Commission (BOCC) Investment Report
Attachments: 1. ALACHUA BOCC Annual Investment Report 09.30.2022
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Agenda Item Name:

Title

Fiscal Year 2022 (FY2022) Alachua Board of County Commission (BOCC) Investment Report

End

 

Presenter:

N/A

 

Description:

Request Approval of the FY2022 Alachua BOCC Investment Report

 

Recommended Action:

Recommended Action

Accept the FY2022 Alachua BOCC Investment Report

End

 

Prior Board Motions:

N/A

 

Fiscal Consideration:

Fiscal Consideration

None

End

 

Strategic Guide:

Strategic Guide

N/A

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Background:

The County's Investment Policy and Florida Statutes 218.415 require that Income and Investment balances be reported to the Board of County Commissioners. Attached is the FY2022 Alachua BOCC Investment Report. Generally Accepted Accounting Principles (GAAP) require governments to record certain investments at fair value.

 

The attached FY2022 Alachua BOCC Investment Report records all investments at fair value. The changes in fair value for the fiscal year are reported along with the interest earned.