City of Gainesville - File #: 191100.

• File #: 191100.
• Version: 3
• Type: Staff Recommendation
• Status: Passed
• File created: 3/5/2020
• In control: City Commission
• On agenda: 6/18/2020
• Final action: 6/18/2020
• Title: Investment Performance Reports for the City of Gainesville Operating Fund, General Employees’ Pension Fund, Police Officers’ and Firefighters’ Pension Fund, Retiree Health Insurance Trust Fund, and Evergreen Cemetery Trust (B)

Date	Ver.	Action By	Action	Result
6/18/2020	3	City Commission	Approved as Recommended
5/7/2020	2	City Commission	Approved as Recommended
3/11/2020	1	Audit and Finance Committee	Approved as Recommended

Title

Investment Performance Reports for the City of Gainesville Operating Fund, General Employees’ Pension Fund, Police Officers’ and Firefighters’ Pension Fund, Retiree Health Insurance Trust Fund, and Evergreen Cemetery Trust (B)

Explanation

The Pensions & Investments staff submit the following City Fund and Trust investment performance reports to the Audit and Finance Committee for review.

1) City Operating Fund Investment Performance Report through 1/31/2020

2) Gainesville General Employees’ Pension Plan Investment Performance Report for 12/31/2019

3) Gainesville Police Officers’ & Firefighters’ Pension Plan Investment Performance Report for 12/31/2019

4) Gainesville Retiree Health Insurance Trust Fund Investment Performance Report for 12/31/2019

5) Evergreen Cemetery Trust Annual Investment Performance Report for 09/30/2019 (Annual Fiscal Year Reports are prepared for this Trust)

Fiscal Note

Expected fiscal year 2020 investment returns for these City Funds and Trusts are included in the City’s FY2020 Budget.

Recommendation

The City Commission accept the City Auditor's reports.