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County investment report: portfolio near $99.3 million with $2.02 million estimated annual income
Summary
An investment advisor reported Fulton County's total portfolio value of $99,296,603 and an estimated annual income of $2,018,252 at the commissioners' April 9 meeting.
Scott Gruber, CMT, presented the county's quarterly investment update to the commissioners during the April 9 session.
Gruber reported, "Fulton County's total portfolio is $99,296,603 with an estimated annual income of $2,018,252." The board received the report; the minutes do not record a separate vote on the investment update. The figures were entered into the meeting record for public reference.
The presentation did not include a detailed breakdown of asset classes in the excerpted transcript. Commissioners did not request an immediate follow-up vote; however, staff and the clerk's office maintain the full investment report in the county records for fiscal oversight.
