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Huntley Police Pension Fund accepts $21,542.80 in disbursements and reviews investment performance
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Summary
At its Jan. 22 meeting the Huntley Police Pension Fund Board accepted the monthly financial report, approved $21,542.80 in disbursements and an $825 IPPFA membership payment, and reviewed IPOPIF and Verus investment reports showing recent positive monthly returns.
The Huntley Police Pension Fund Board of Trustees on Jan. 22 accepted the Monthly Financial Report for the 12 months ending Dec. 31, 2025 and approved disbursements totaling $21,542.80. Trustee Timothy Heagney moved the acceptance; Trustee Laura Mraz seconded the motion, which carried by roll call (AYES: Heagney, Cathy Haley, Michael Hewitt, Laura Mraz).
The board reviewed Lauterbach & Amen’s report showing a net position held in trust of $26,084,247.77 and a change in position of $4,890,995.14 for the year. The group also reviewed a Cash Analysis and related reports prepared by Lauterbach & Amen and approved an additional bill to cover 2026 IPPFA membership dues of $825 on a motion by Trustee Heagney, seconded by Trustee Hewitt (roll call vote: AYES: Heagney, Haley, Hewitt, Mraz).
In investment oversight, the board reviewed the IPOPIF Investment Performance Review prepared by Verus Advisory, Inc. for the period ending Nov. 30, 2025; that Verus report listed a statewide IPOPIF ending market value of $14,733,040,609 and a one-month total net return of 0.5%. Separately, State Street/IPOPIF account statements for the Huntley fund showed a market value of $25,951,555.05 and a month-to-date net return of 0.85% as of Dec. 31, 2025. The board discussed cash needs for ongoing benefit payments and determined no changes to the Cash Management Policy were required at this time.
The board’s financial approvals keep the fund’s routine operations and administrative memberships in place. The next regular meeting is scheduled for April 23, 2026, at 4:00 p.m.