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10B Action 2021 0607
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10B Action 2021 0607
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6/4/2021 10:05:44 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
6/7/2021
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Finance Committee Recommendations <br />4 <br />•Stabilize costs and maximize investment income <br />•Discussed the Moderately Conservative and Moderate investment strategies -was divided in the recommendations <br />* This is the most commonly selected strategy by participating agencies in the PARS Program, followed by the Moderate strategy. <br />Strategy Targeted <br />Investment Return <br />Equity Allocation <br />Range <br />Participation <br />Percentage <br />Moderately Conservative 5.14%20%-40%35% * <br />Moderate 5.89%40%-60%31% <br />188
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