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Fulton County portfolio near $100 million; commissioners receive investment update
Summary
Investment advisor Scott Gruber reported the county's total portfolio at $99,744,739.00 with an estimated annual income of $2,014,252.00 during the July 9 meeting; the board received the update following a brief recess.
Scott Gruber, CMT, presented an investment update to the Fulton County Board of Commissioners reporting that the county’s total portfolio stood at $99,744,739.00 with an estimated annual income of $2,014,252.00. The board received the update after a short recess and no vote was required for the informational presentation.
The presentation was recorded in the meeting minutes as a staff/consultant report; the transcript contains the numerical portfolio total and projected income but does not include detailed holdings, strategy changes, or proposed actions. The meeting adjourned shortly after the presentation.
