§ 70-619. Reporting.

The investment project manager and the custodian shall provide to the city monthly, quarterly, and annual investment reports which provide a clear picture of the status of the current investment portfolio. The management report should include comments on the fixed income markets and economic conditions, discussions regarding restrictions on percentage of investment by categories, possible changes in the portfolio structure going forward and thoughts on investment strategies.

Schedules in the reports should include the following:

(1)

A listing of individual securities held at the end of the reporting period by authorized investment category;

(2)

Average life and final maturity of all investments listed;

(3)

Coupon, discount or earnings rate;

(4)

Par value, amortized book value and market value;

(5)

Percentage of the portfolio represented by each investment category;

(6)

Brokerage and third party commission;

(7)

Unrealized gains or losses resulting from appreciation or depreciation by listing the cost and market value of securities over one-year duration that are not intended to be held until maturity;

(8)

Average weighted yield to maturity of portfolio on entity investments as compared to applicable benchmarks;

(9)

Listing of investment by maturity date and by fund; and

(10)

The percentage of the total portfolio which each type of investment represents.

(M.C.S., Ord. No. 18,621, §§ 1, 2, 2-5-98)