Quick context to catch up fast.
Quarterly meeting of the Port Orange Police Officers' Pension Board held August 18, 2025. Trustees ratified prior minutes and routine expenditures, acknowledged refunds to two non‑vested members, reviewed investment performance (composite portfolio up 7.10% for the quarter; total market value ~$73M as of June 30, 2025), approved proceeding with Harrison Street Core Property Fund as recommended by the investment consultant, directed the actuary to use a 6.75% assumed rate of return for the 2025 valuation, adopted the 2025/2026 administrative expense budget of $231,576, acknowledged the Division of Retirement approval of the 2024 Annual Report, and acknowledged receipt of the 2024 premium tax distribution of $752,670.51. Chairman Warren Carman was reappointed as the fifth trustee. Meeting adjourned at 3:19 p.m.
Open the committee coverage hubs tied to this summary.
Was this summary helpful?
Your feedback helps us prioritize what to improve next.
Follow the major takeaways from this briefing.
Action items flagged by the community.
No follow-ups have been shared yet. Add one in the community board below.
Details and records from this meeting.
Fresh records from this municipality.
Know who to contact about the decisions that matter.