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MAPS investment trust posts 15.4% gain for 2024; trust outlines disbursement timeline
Summary
City treasurer Matt Boggs reported the MAPS investment and operating trust’s market value rose to about $133.3 million as of Dec. 31, 2024, a 15.4% increase above the initial invested amount; the trust summarized how and when disbursements will be calculated and made.
City Treasurer Matt Boggs, serving as treasurer for the MAPS investment trust, told the advisory board on Feb. 6 that the trust’s market value was $133.3 million as of Dec. 31, 2024 — about $17.79 million (15.4%) above the initial invested amount of $115.54 million.
Boggs provided an asset allocation snapshot: roughly 55% equities, 41% fixed income and about 3.3% cash/cash equivalents as of the reporting date. He…
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