MOA Trust Fund performance and spending policy
At a glance
- What: the Municipality of Anchorage (MOA) Trust is an investment fund that sits outside the annual budget process; the committee takes a monthly update.
- Latest report (Oct 15): Kevin Lu, investment director, said the trust was worth about 507 million dollars on September 30, down 1.5 percent for the month and up 6.5 percent year to date. He attributed the month to a Federal Reserve quarter-point rate rise, which hurt fixed income more than equities (figures from auto-captions; verify).
- What is next: the trust is studying payout rates and a spending policy, with results hoped for by the end of 2026. The committee chair invited a fuller presentation on the fund and any 2027 changes.
Sources
- Video: 2026-10-15 - Budget and Finance Committee-of-the-Whole (about 3:31 to 5:45)
- Agenda: 2026-10-15 - Budget and Finance Committee-of-the-Whole, https://meetings.muni.org/AgendaOnline/Meetings
Discussion time
About 2 minutes across 1 meeting (from transcript timestamps; approximate).
| Meeting | Minutes |
|---|---|
| 2026-10-15 - Budget and Finance Committee-of-the-Whole | 2 |
Log
- 2026-10-15 - 2026-10-15 - Budget and Finance Committee-of-the-Whole: Monthly update from Kevin Lu; spending policy study expected by year end.