Investments
As the treasurer for Palm Beach County, the Clerk & Comptroller invests and earns income on public funds, ultimately reducing the burden on taxpayers. For example, when the county takes in revenue, such as property taxes, it is invested until needed for payroll and other bills.
The Clerk's certified investment professionals proactively manage the roughly $2 billion dollar portfolio to maximize investment earnings, while ensuring that tax dollars are protected. The Palm Beach County Investment Policy, created by the Clerk and the County’s Investment Policy Committee, governs investments and provides guidelines related to risk management and reporting requirements.
All reports on this page are in PDF format and require the free Adobe Reader.
Investment Information
Supplemental information and reports intended to help the public further understand county investments:
Monthly Investment Summary Reports
The Investment Summary provides a numerical and graphical portrayal of the allocation of portfolio holdings by asset class. It also presents important bond yields and money market rates to provided market trend information as well as a way to measure the portfolio’s yield relative to the fixed income markets.
- Month Ending 6/30/10 - Federal Reserve comments continue to promise exceptionally low interest rates for an extended period. Debt-burdened consumers are cutting spending due to weak home prices, high unemployment, slow income gains, and volatile stock prices. Inflation and inflation expectations remain very low with some risk of deflation. Businesses are very reluctant to hire new employees with the uncertain outlook for sales growth, and the impact of Federal fiscal stimulus programs is fading. All these factors are likely to keep short term interest rates and long term bonds yields very low for a long time.
- Report Archive - See Investment Summary Reports from previous months.
Other Financial Reports
Your source for additional information on Palm Beach County finances, revenue and spending:
Certifications
In 2007, the office became the first government agency in the country to have its entire investment staff earn the Accredited Investment Fiduciary© Certification, signifying a commitment to the responsible stewardship of the public’s money.