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INVESTMENT POLICY UPDATE
Ms. P. Elliott-Spencer, General Manager of Community and Corporate Services for the City of Barrie provided clarification regarding the intent of Staff Report FIN016-15 related to the City of Barrie's investment performance compared to other municipalities and the decisions regarding the use of credit unions for investment. She discussed the City's past, current and proposed future investment policies and noted the need to improve cash flow information.
Members of the Committee asked a number of questions related to the information presented and received responses from City staff. A member of the Finance and Corporate Services Committee requested quarterly financial reporting over the next two years related to portfolio performance. (File: F00)
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