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1
Valley Schools Management Group Update
Michael E. Finn, Chief Financial Officer
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Valley Schools Management Group
• Year end net assets of $1.31M • Slightly higher than budget (1.2%)• Recent Board Meeting Summary– Investment updates from Sage Advisory Group– Short term return on investment of 2.34%
Valley Schools Insurance Trust (VSIT)
• Year end trust net assets of $16.33M– PUSD year end net assets of $6.06M– Contributions total of $1.43M– Operating expenses total of $2.7M
• Recent Board Meeting Summary– Overview of year end performance– Recommendations to minimize risk
Valley Schools Workers Compensation Pool (VSWCP)
• Year end pool assets of $10.61M– PUSD ending net assets of $1.98M– Contributions total of $1.03M– Operating expenses total of $1.38M
• Recent Board Meeting Summary– Overview of year end performance– Recommendations to minimize risk
Valley Schools Employee Benefit Trust(VSEBT)
• Year end trust net assets of $55.33M– PUSD year end net assets of $1.96M– Contributions total of $26.32M– Operating expenses total of $24.4M
• First quarter 2012 trending poorly