Agenda

Return

C. 77

To:	Board of Supervisors
From:	Russell Watts, Treasurer-Tax Collector
Date:	June 16, 2020

Contra

Costa

County

Subject:

TREASURER'S INVESTMENT POLICY FOR THE FISCAL YEAR 2020-2021

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 Annual Investment Policy for the Fiscal Year 2020-2021 (the "Policy") as revised. 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:

The Policy was provided to the Treasury Oversight Committee for information only on May 19, 2020. Pursuant to Government Code Section 27133, attached is revised Policy upon annual review. The Policy incorporates greater detail of cash management and investment guidelines of surplus funds delegated for investing and reinvesting by the County Treasurer. The Treasurer's Annual Investment Policy dated June 2020 is submitted to the Board of Supervisors for review and acceptance.