Agenda

Return

C.159

To:	Board of Supervisors
From:	Russell Watts, Treasurer-Tax Collector
Date:	June 6, 2017

Contra

Costa

County

Subject:

TREASURER'S INVESTMENT POLICY FOR THE FISCAL YEAR 2017-2018

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 06/06/2017

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

Candace Andersen, District II Supervisor
Diane Burgis, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

ABSENT:

John Gioia, District I Supervisor

Contact:

Ronda Boler, (925) 957-2806

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: June 6, 2017
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

ACCEPT the Treasurer’s Investment Policy for the Fiscal Year 2017-2018 as revised and reviewed on May 16, 2017 by the Treasury Oversight Committee.

FISCAL IMPACT:

None.

BACKGROUND:

Pursuant to Government Code Section 27133, at the May 16, 2017 Treasury Oversight Committee meeting, the Committee reviewed the attached revised policy, but was unable to adopt it due to lack of quorum. The policy is updated to reflect changes made to the applicable laws, regulations, and procedures. Copies of the Treasurer’s Investment Policy dated June 2017 are submitted to the Board of Supervisors for review and acceptance.

VOTE OF SUPERVISORS

RECOMMENDATION(S):

FISCAL IMPACT:

BACKGROUND:

BACKGROUND: (CONT'D)