The Trust Fund Advisory Committee is authorized and shall establish the investment objectives in its judgment are most appropriate for the town's pooled funds.
Three Brunswick residents, appointed by the Town Council. The Town Treasurer and a Council representative will also be on the committee as nonvoting members.
DJ Shaughnessy, Chair
James Mason, Council Representative
As needed, at least twice a year.
Unless the individual investment instrument or orders specify some other objective, the Trust Fund Advisory Committee is authorized and shall establish the investment objectives in its judgment are most appropriate for the town’s pooled funds. The Trust Fund Advisory Committee is authorized to recommend an investment manager who shall manage the portfolio in accordance with, and be evaluated on its ability to meet the investment objectives. The Trust Fund Advisory Committee shall evaluate performance at least semi-annually and make a record of its evaluation. The Committee shall annually report the activities of the Trust Funds to the Town Council.
Julia Henze, Finance Director & Treasurer
The Trust Fund Advisory Committee will present to the Town Council on an annual basis.