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JEFFREY R. SMITH, CPA, CGFO, CGMA <br />Clerk of Circuit Court & Comptroller <br />Finance Department <br />180127' Street <br />Vero Beach, FL 32960 <br />Telephone: (772) 226-1945 <br />TO: Board of County Commissioners <br />FROM: Elissa Nagy, Finance Director <br />THRU: Jeffrey R. Smith, Clerk of the Circuit Court and Comptroller <br />DATE: November 16, 2018 <br />9"C <br />-. <br />SUBJECT: Quarterly Investment Report for Quarter Ending 9/30/2018 <br />BACKGROUND <br />Attached to this memorandum is the composition of the investment portfolio and investment <br />earnings for the fourth quarter of this fiscal year. This report was reviewed by our investment <br />advisory committee on November 15, 2018. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners accept the attached Quarterly <br />Investment Report. <br />