Civic Issues
Topics getting the most attention in Sarasota public meetings, ranked by how frequently they are discussed.
2 issues in taxes budget with high priority
UBS Private Real Estate Liquidity Problem
Trustees pressed Graystone on the UBS private real estate fund's illiquidity — the fund has received only a fraction of expected distributions and may wait years for its money. The board discussed REITs as a liquid alternative but weighed the lost diversification benefit.
Pension Fund Investment Performance and Asset Allocation
The fund earned 9.9% for fiscal 2026 against a 6.5% target, and the board voted to formalize its allocation as "Allocation Two" with 5% emerging markets. This sets the benchmark the fund is measured against for years to come.