(A) The [Assistant Treasurer] CFO will prepare cash flow [and investment] reports quarterly. In addition, the [Assistant Treasurer] CFO shall provide the Executive Director a [quarterly] monthly report on overall portfolio performance and any compliance problems with this policy. The [quarterly] monthly reports will categorize investments by type, issuer, interest rate, maturity, [and collateral] book value, income earned and market value as of the report date.
(B) Portfolio performance will be measured using market benchmarks similar to the type of investments held in the portfolio and their maturity. The Executive Director shall provide [an annual report on] investments reports to the Metra Board on a monthly basis.
(Ord. MET 99-24, passed 12-17-1999)