District Adjusts Investment Benchmark Under PFM Advisory
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Description
PFM’s investment advisory engagement with the District continues as the Board directed staff to adjust the investment portfolio duration benchmark from one-to-three years to one-to-five years. The change modifies investment guidelines under the existing advisory relationship.
Contract Details
Vendor
PFM
Agency
Lake Worth Drainage District, FL
Contract Type
FINANCIAL_SERVICES
Document Date
April 15, 2026
Renewal Info
No specific renewal or amendment terms were stated; the action reflects a policy change within an existing financial advisory engagement.
More from PFM
More from Lake Worth Drainage District
Lake Worth Drainage District Board Meeting Agenda Packet April 2026
Lake Worth Drainage District Board Meeting Agenda Packet April 2026
Lake Worth Drainage District Minutes of a Regular Meeting of the Board of Supervisors 2026-04-15
Lake Worth Drainage District Minutes of a Regular Meeting of the Board of Supervisors 2026-04-15
Lake Worth Drainage District Minutes of a Regular Meeting of the Board of Supervisors 2026-04-15
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