Aug 3, 2026BoardMeeting
BoardInvestment Advisory Committee Meeting
The committee reviewed an investment advisory presentation concerning the economic landscape, including inflation, employment statistics, and Federal Reserve policy. The discussion focused on the potential allocation of Treasury Inflation-Protected Securities to the portfolio as an inflation hedge, including an analysis of liquidity, legal compliance with state code, and market risks. Additionally, the committee examined GDP growth forecasts and observed market trends regarding corporate debt issuance by technology and infrastructure companies.