Board of Library Trustees Agenda February 2026
Investment Subcommittee Reviews SSGA-Managed Trust Funds
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Description
The Investment Subcommittee reviewed the performance of library trust funds managed by SSGA, noting more than 12.5% gains in 2025 and a 70% equity allocation. Members discussed potential rebalancing, regular withdrawals to cover town bills, and options such as CDs or high-earning cash products for part of the portfolio.
Contract Details
Vendor
SSGA
Agency
Brookline School District, MA
Contract Type
FINANCIAL_SERVICES
Document Date
February 10, 2026
Renewal Info
No specific renewal or end date is mentioned; SSGA continues as the library’s trust funds investment manager with periodic performance reviews by the Investment Subcommittee.
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