City of Winter Springs Board of Trustees Regular Meeting Thursday, November 12, 2026

The City of Winter Springs Board of Trustees regular meeting on November 12, 2026, included a quarterly investment report. The consultant reported portfolio value of approximately $89.7 million at quarter-end and $96.5 million as of the prior day, and a net return of nearly 11% for the fiscal year, compared with an average plan return of about 9%. The consultant said the allocation was close to targets, cash holdings of about $2 million were appropriate, and no allocation changes were recommended. No contracts, bids, vendor selections, or other procurement actions were identified.

The board discussed a revised actuarial impact statement concerning proposed plan amendments, clarifying that it records information received from the actuary rather than offering the board’s legal opinion. A motion to ratify the chair’s signing of the revised statement passed unanimously. The consent agenda was also approved unanimously; no specific spending or purchasing items were identified within it.