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DESCRIPTION:The Fed Funds Target Rate has risen seven times from December 2
 015 through June 2018 causing short-term fixed income yields to rise as we
 ll.  Local governments are now seeing cash deposits rates at their highest
  levels in nearly a decade and the investment income line item in their bu
 dgets becoming a relevant source of revenue again. Since rates have been l
 ow for so long\, this luncheon’s focus will be on the important considerat
 ions local governments should think about when investing in a rising inter
 est rate environment.  Topics of discussion will include the recent rise i
 n rates\, possible changes to your investment strategy\, and the forecast 
 for rate movements in the future. This discussion will be relevant to loca
 l governments of all types and sizes.  \nSpeaker: Michelle Binns\, Senior 
 Managing Consultant\, PFM
DTEND:20180927T130000
DTSTAMP:20260429T041820
DTSTART:20180927T120000
LOCATION:Tavern on Clark\, 755 Clark Drive\, Rockford\, IL 61104
SEQUENCE:0
SUMMARY:Rock River Region Luncheon - Investing Public Funds in a Rising Rat
 e Environment
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