File #: 20-1057    Version: 1
Type: Consent Item Status: Agenda Ready
File created: 11/19/2020 In control: Board of County Commissioners
On agenda: 12/8/2020 Final action:
Title: FY2020 Alachua BOCC Investment Report
Attachments: 1. FY2020 Alachua BoCC Investment Report
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Agenda Item Name:

Title

FY2020 Alachua BOCC Investment Report

End

 

Presenter:

N/A

 

Description:

Request Approval of the FY2020 Alachua BOCC Investment Report

 

Recommended Action:

Recommended Action

Accept the FY2020 Alachua BOCC Investment Report

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Prior Board Motions:

N/A

 

Fiscal Consideration:

Fiscal Consideration

None

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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 FY2020 Alachua BOCC Investment Report. Generally Accepted Accounting Principals (GAAP) require governments to record certain investments at fair value.  The attached FY2020 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