# 11.13.2026 Finance Committee


**Body:** School District of Palm Beach County
**Date:** November 13, 2026
**Jurisdiction:** SLED

**Tags:** Education


The School District of Palm Beach County Finance Committee met on November 13, 2026. Members approved the agenda; approval of the prior meeting’s minutes was deferred because corrections were needed. The committee reviewed September investment results and market conditions. District staff reported that investments were compliant with policy and described PFM’s portfolio transactions, including sales at a loss in permitted circumstances to reinvest at higher yields. The longer-term portfolio was approximately $224.5 million, and the short-term portfolio held more than $1 billion. Staff also discussed cash-flow planning and investment of maturing securities; no investment-policy changes or procurement awards were presented.

The committee reviewed the annual debt report. The district issued no debt during the year and canceled two planned debt issues for 2025 and 2026 because available cash and additional sales-tax revenue could fund eligible projects. Staff reported approximately $8.8 billion in cumulative debt transactions and $194 million in present-value savings, and noted that the district retained Moody’s and Fitch ratings but discontinued its S&P rating to avoid the associated fee. No procurement approvals or spending-related motions were identified; the discussion concerned investment management, debt reporting, and financing history rather than purchasing contracts.

**Source:** School District of Palm Beach County