Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Treasurer Milligan reports steady operations, holiday-year yields mixed amid pandemic
State Board of Finance · June 21, 2021
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Treasurer Milligan told the State Board of Finance that short-term holdings earned about $808,000 and longer-term holdings earned $8.2 million for the quarter, described portfolio diversification steps and said the office is pursuing a hiring of a senior investment manager and further policy reviews.
Treasurer Milligan delivered the Treasury—s investment report, summarizing how the office navigated market volatility during the COVID-19 pandemic and describing operational steps to diversify investments and adopt consultant recommendations.
Milligan described the Treasury—s…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
