Aug 12, 2026BoardMeeting
BoardStockbridge Trustees of Public Funds Meeting Minutes
The board reviewed the portfolio's market results and financial outlook, noting strong second-quarter performance and a strategy of deep diversification. Discussions focused on current spending guidelines, with an exploration of using a three-year average to determine the annual percentage spend. The board held an executive session to discuss individual payment recipients. Policy updates were established regarding eligibility for payments for families with children born after the fiscal deadline and the inclusion of property taxes under foundational needs.