7.16.090 Investment reporting.
The Mayor shall cause to be prepared and delivered to the Assembly and the investment review committee quarterly reports containing the following information about each investment in which Borough moneys were invested at any time during the quarter:
A. The type of investment;
B. The financial institution;
C. The face amount;
D. The interest rate;
E. The maturity date;
F. The purchase date;
G. The purchase price;
H. The amount of interest accrued on the investment during the quarter;
I. The yield to the Borough;
J. The market value as of the end of the quarter;
K. The information required by subsections (A) through (E) and (J) of this section for each instrument pledged as collateral for any Borough investment.
The report shall also identify and describe the status of the Borough’s compliance or noncompliance with the portfolio diversification requirements of FNSBC 7.16.060. (Ord. 87-069 § 4, 1988. 2004 Code § 3.04.080.)