POMPANOBEACH (BROWARD COUNTY) · LOCALlocal legislationPassed

Passed

Pompano Beach CRA Investment Advisory Contract Approval

Original title: A RESOLUTION OF THE POMPANO BEACH COMMUNITY REDEVELOPMENT AGENCY (CRA) APPROVING AND AUTHORIZING THE PROPER OFFICIALS TO EXECUTE A SERVICE CONTRACT BETWEEN THE CRA AND PFM ASSET MANAGEMENT TO PROVIDE INVESTMENT ADVISORY SERVICES; PROVIDING AN EFFECTIVE DATE. (Fiscal Impact: 3.5 bps of CRA Investment)

December 16, 2025

finance investment government-contracts redevelopment

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The Frame

What this does

The CRA will pay a fee of 3.5 basis points (0.035%) of its total investment portfolio to PFM Asset Management for managing its financial assets.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Pompano Beach Community Redevelopment Agency

The agency is entering into a binding contract for financial management services.

PFM Asset Management

The firm is authorized to provide investment advisory services and receive compensation based on the CRA's portfolio size.

What changed

Last recorded activity December 16, 2025.

What's next

Next step not available in the current record.

Summary

The Pompano Beach Community Redevelopment Agency (CRA) has approved a contract with PFM Asset Management to provide professional for agency funds.

Key Facts

The Pompano Beach CRA officially approved a service contract with PFM Asset Management.
PFM Asset Management will provide investment advisory services to the agency.
The fiscal impact of the contract is set at 3.5 basis points (0.035%) of the CRA's total investment portfolio.
The resolution is filed under number 26-94.
The resolution was introduced on November 6, 2025.
The resolution has been passed by the CRA.

Why It Matters

The CRA will pay a fee of 3.5 basis points (0.035%) of its total investment portfolio to PFM Asset Management for managing its financial assets.

Frequently Asked Questions

What does PFM Asset Management do for the CRA?

They provide to manage the agency's financial assets.

How much will this contract cost?

The cost is 3.5 basis points, which is equivalent to 0.035% of the total value of the CRA's investments.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

financial connection100% confidence

Fee Structure

The contract uses a percentage-based fee structure (basis points) rather than a flat fee, meaning the cost to the agency will fluctuate with the size of their investment portfolio.

Pompano Beach Community Redevelopment Agency PFM Asset Management

Connected Entities

organizationPompano Beach Community Redevelopment Agency“The local government body responsible for the redevelopment project and the cont”Map →

organizationPFM Asset Management“The firm selected to provide investment advisory services to the CRA.”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy10
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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