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C. 76
To: Board of Supervisors From: Russell Watts, Treasurer-Tax Collector Date: June  16, 2020		Contra Costa County
Subject: ADOPTION OF THE QUARTERLY INVESTMENT REPORT AS OF 3/31/2020
APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On:   06/16/2020 APPROVED AS RECOMMENDED OTHER Clerks Notes:
VOTE OF SUPERVISORS AYE: John Gioia, District I Supervisor Candace Andersen, District II Supervisor Diane Burgis, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V 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  16, 2020 David Twa,   BY: , Deputy
RECOMMENDATION(S): ACCEPT the Treasurer’s Quarterly Investment Report (the “Report”) as of March 31, 2020, as recommended by the County Treasurer-Tax Collector. Due to COVID-19 Health Order there was no meeting on May 19, 2020, thus, the document is not adopted by the Treasury Oversight Committee. 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 January 1, 2020 through March 31, 2020.

As of March 31, 2020, the par value, cost, and market value of Contra Costa County Investment Pool were $3,622,168,973.20, $3,612,487,401.71 and $3,636,569,414.64 respectively. The weighted yield to maturity was 1.62% and the weighted average days to maturity were 255 days.   
  

As of March 31, 2020, 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 should be able to meet its obligations for the next six months.