PERS approves $75M pacing commitments to Blue Owl and Crow Holdings value‑add funds The investment committee approved staff recommendations to approve manager appointments and to commit to two value‑add real estate funds — Blue Owl Real Estate Fund 7 and Crow Holdings Fund 11 — at $75 million each to maintain target private real estate pacing.

PERS has just greenlit a $150 million investment in two major real estate funds, aiming for impressive returns in a rapidly evolving market!

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#MS #PublicFundManagement #CitizenPortal #ValueAddRealEstate #MississippiRealEstate #InvestmentStrategy

Pension board approves initial allocation to Cohen & Steers tactical real estate fund The General Employees Pension Board approved an initial allocation to Cohen & Steers' Tactical Real Estate Fund (TReF), using proceeds from liquidating Schwab US real estate holdings. The blended 65% private/35% public strategy and fee terms (20% founder discount, 1.15% ongoing fee) were discussed at length.

The General Employees Pension Board just greenlit an exciting new venture into Cohen & Steers' Tactical Real Estate Fund, blending private and public real estate strategies for greater liquidity and growth potential!

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#CocoaBeachBrevardCounty #FL #PublicFundManagement

Sunbury finance committee reviews 2026 budget, projects $7.37 million general fund balance Finance staff told the committee the 2026 consolidated budget projects a general fund balance of $7,367,000 and a total fund balance just over $14 million, outlined assumptions (14–15% health insurance increase, 3% budgeted raises) and flagged a $75,000 stormwater project increase and planned use of COVID funds for JR Smith Park.

Sunbury's finance committee unveiled a promising 2026 budget with a projected general fund of $7.37 million, highlighting a 25% growth since 2021 despite some expected decreases!

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#OH #BudgetTransparency #CitizenPortal #PublicFundManagement #CommunityDevelopment

New York Legislature Approves $10M for State Employee Legal Defense Funding Legislators debate broad language in bill allowing defense funding for state employees.

The New York Legislature just approved a controversial $10 million fund for state employee legal defenses that could put taxpayer money at risk for personal matters.

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#NY #TaxpayerAccountability #GovernmentTransparency #NewYorkLegislature #CitizenPortal #PublicFundManagement

Fort Hays State report urges local investment to boost economic development Economic impact study recommends investing public funds locally to enhance development opportunities.

Investing public funds locally could be the key to unlocking Kansas' economic potential, as a recent study highlights the risks of looking out-of-state for higher returns.

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#KS #EconomicDevelopment #LocalInvestment #PublicFundManagement #KansasEconomy #CitizenPortal

DeKalb County officials face scrutiny over $1 million ARPA fund allocation and spending transparency Concerns rise over unspent ARPA funds and lack of transparency in local financial allocations.

Stonecrest City Council is on the brink of returning over $1 million in unspent American Rescue Plan funds, raising urgent questions about financial mismanagement and transparency.

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#Stonecrest #LocalGovernment #PublicFundManagement