Agenda

Return

C. 76

To:	Board of Supervisors
From:	Russell Watts, Treasurer-Tax Collector
Date:	March 10, 2015

Contra

Costa

County

Subject:

Treasurer's Quarterly Investment Report as of December 31, 2014

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 03/10/2015

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor

ABSENT:

Federal D. Glover, District V Supervisor

Contact:

Brice Bins, (925) 957-2848

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: March 10, 2015
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

ACCEPT the Treasurer's Quarterly Investment Report (the "Report") as of December 31, 2014, as recommended by the County Treasurer-Tax Collector.

FISCAL IMPACT:

None

BACKGROUND:

Government Code Section 53646 requires the County Treasurer to prepare quarterly reports to the Board of Supervisors describing County investments including type, par value, cost, and market value. Attached please find the report covering the period October 1, 2014 through December 31, 2014.

BACKGROUND: (CONT'D)

As of December 31, 2014, the par value, cost, and market value of Contra Costa County Investment Pool were $2,604,735,337.18, $2,607,529,604.08, and $2,605,701,782.54, respectively. The weighted yield to maturity was 0.39% and the weighted average days to maturity were 196 days.

As of December 31, 2014, The Treasurer’s investment portfolio was in compliance with Government Code 53600 et. seq. and with the Treasurer’s current investment policy. Historical activities combined with future cash flow projections indicate that the County has sufficient liquidity to meet its obligations for the next six months.