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Shorewood pension board accepts minutes and financial report; fund value $25.76 million

Shorewood Police Department Pension Fund · May 8, 2025
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Summary

At its May 8, 2025 meeting the Shorewood Police Department Pension Fund board approved the Feb. 6 minutes and accepted a Lauterbach and Amen financial report showing a fund value of $25,758,538.38 as of Feb. 28, 2025.

The Shorewood Police Department Pension Fund board met May 8, 2025, and approved the minutes from its Feb. 6, 2025 meeting and accepted the financial report from Lauterbach and Amen. The report listed the fund value as of Feb. 28, 2025, at $25,758,538.38.

The motion to accept the Feb. 6 minutes was made by Jeff Hanley and seconded by Chris Drey; a roll-call vote recorded Hanley-yea, Drey-yea and Butcher-yea, and the minutes were accepted. The board then moved to accept the financial report on a motion by Chris Drey, seconded by Jeff Hanley; the roll-call vote returned the same three yea votes and the report was accepted. The board did not record additional discussion about investments or asset allocation in the transcript.

The meeting set tentative future dates for the pension board: July 24, 2025, and Oct. 23, 2025, both at 6:00 p.m. The meeting adjourned at 1816 hours.