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Agenda 02/12/2013 Item #16J42/12/2013 16.J.4. EXECUTIVE SUMMARY Recommendation that the Board accept the investment status update report for the quarter ending December 31, 2012. OBJECTIVE: To meet the investment status update requirement established by interlocal agreement. CONSIDERATIONS: On July 27, 2010 the Board of County Commissioners entered into an interlocal agreement with the Clerk of Courts for the provision of constitutional and statutorily required financial, accounting, investment, pre- auditing services and other mutually agreed upon services. Under Exhibit A: Scope of Services the following is listed: Investment Management: Manage the investment of Board funds in accordance with Florida Statute and the Board of County Commissioners' lawful adopted investment policy using best practices and financial advice. The Clerk will continue to provide a monthly summary of investments on the Clerk's website for public access. Additionally, the Clerk will provide an update as to the status of the Board's investment portfolio on a quarterly basis or as necessary at a publicly noticed Board of County Commissioners meeting. n Attached as an exhibit to this executive summary is the investment inventory as of the end of the first quarter of fiscal 2013. GROWTH MANAGEMENT IMPACT: None. FISCAL IMPACT: None. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is legally sufficient, and requires majority support for Board approval. -JAK RECOMMENDATION: That the Board of County Commissioners accepts the investment update for the first quarter of FY -2013. Prepared by: Derek M. Johnsen, General Accounting Manager, Office of the Clerk of the Circuit Court Packet Page -2233- 2/12/2013 16.J.4. COLLIER COUNTY Board of County Commissioners Item Number: 16.1611614. Item Summary: Recommendation that the Board accept the investment status update report for the quarter ending December 31, 2012. Meeting Date: 2/12/2013 Prepared By Name: JohnssenDerek Title: Gen. Accnt Manager - Clerk of Courts 2/1/2013 11:01:34 AM Submitted by Title: Gen. Accnt Manager - Clerk of Courts Name: JohnssenDerek n 2/1/2013 11:01:36 AM Approved By Name: KinzelCrystal Date: 2/5/2013 7:38:44 AM Name: GreenwaldRandy Title: Management/Budget Analyst,Office of Management & B Date: 2/5/2013 8:13:02 AM Name: KlatzkowJeff Title: County Attorney Date: 2/6/2013 11:33:36 AM Name: IsacksonMark Title: Director -Corp Financial and Mgmt Svs,CMO Date: 2/6/2013 12:04:23 PM Packet Page -2234- O 6 CL OR 3 CL i C "S o a §; V W N IOJ1: v, y o e v v >xx»x °�x 2/12/2013 16.J.4. n n A P: w 61 tlV •• W = p o p o 0 0 0 0 0 o p o 0 0 0 0 0 0 1A/1 A O O N V 11!111 O a OAD A O N r V OW1 tWll 1WD N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o p o 0 0 0 3 N o 'vlooc00000000000000c N N W N N N H N N N N N N o i�+ a a ws W W W r W r W N W W W W r W W W W W w A w pWp y W ✓ W 1+ b'� w F+ W {h�A+1 H` �' F+ 1+ GI GI N W G1 W OWD 'n WRp G1 G�'1 W f.1 Gl m W W W "' w��ON; a�A1�w8ac�oa�c .D aV 1°DOa�°oS°+o►0Dmm6i1 i51 °aw10S N D N 1+ I+ IW+ p L 1\11 1\11 W W 01 1\D N W N W IN+ f` V O N N N N N N N N N N N N N N N N N N H N H N H 0 0 0 0 10+ N 00 N -W N N N N N N N N N N N N N N N N N N D t+ D OI 1\0 W N W 1``03 V 7 s J g 3 9 7 N N 03 N N N s N N O O p7 0 0 0. 0 0 CIO 0 0-0- 0 0 -02 N o m 1'0 'R A R N W a W o W N N as ss 0 ' e z z z z z z z a N '? c z i D D DDD D w Dn D N N N W N lA N Vl N N N N N A N W N A tSN N {A M O 8 N O 18n 8N 1pn N N OO t8o O N N 88888888888888888 gob °00000000000 ° °°° ° ° ° g e °0 0 N 0 1NA 1WA L O 1NA O LA 1NA N 1NA 1NA N O V1 o w �W 1+ G 11011 O N x{0/1 W OW1 01 lW/1 A N p 00 1VA 1NA 'V 0 OYI 8 1NA Vp1 00. 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Collier County Weighted Average Return vs. Federal Funds Rate,1 Yr T -Bill, and SBA Yield n M d1 bA (0 d 4- v Y U .r__ a