RECOMMENDATION(S):
REAPPOINT John Phillips to the Public Member #3 seat on the Treasury Oversight Committee to a new four-year term ending on April 20, 2024, as recommended by the Treasurer-Tax Collector.
FISCAL IMPACT:
No fiscal impact.
BACKGROUND:
The Treasury Oversight Committee is responsible for reviewing the County's investment policy, monitoring the performance of County investments, and reporting to the Board of Supervisors. The Committee is composed of seven statutory members and three alternates: County Superintendent of Schools or designee, a representative and an alternate of the Board of Supervisors or their designees, one representative and one alternate elected by a majority of the school and community college districts; one representative and one alternate elected by a majority of the special districts, three public members nominated by the County Treasurer and confirmed by the Board.
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