Item Coversheet



Staff REPORT
Information/Discussion ITEM

Item # 10.c.

SUBJECT: 

Deposit Account Options for Optimal Return on Investment on ARPA and Other Cash Funds (L. Krens) (pg. 16)

DATE OF MEETING:  

July 12, 2022

Staff CONTACT(S):Liz Krens, Director of Finance



SUMMARY and RECOMMENDATIONS:

The Director of Finance will be available to outline our current investment portfolio and answer any questions on the town's rate of return on our cash in reserves.
ATTACHMENTS:
Description
Proposal from Pinnacle Financial
Cash Analysis as of May 31, 2022
Pinnacle vs. VIP
VIP 1-3 Performance