Agenda

Return

C. 29

To:	Board of Supervisors
From:	INTERNAL OPERATIONS COMMITTEE
Date:	August 18, 2015

Contra

Costa

County

Subject:

NOMINATION TO THE TREASURY OVERSIGHT COMMITTEE

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 08/18/2015

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:	Julie DiMaggio Enea 925.335.1077
cc:	Treasurer-Tax Collector IOC Staff

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: August 18, 2015
,

BY:	, Deputy

RECOMMENDATION(S):

APPOINT Scott Anderson to the County, School District, and Community College District seat on the Treasury Oversight Committee to complete the unexpired term ending on April 30, 2016.

FISCAL IMPACT:

None.

BACKGROUND:

In 2013, IOC reviewed Board Resolution Nos. 2011/497 and 2011/498, which stipulate that applicants for At Large/Non Agency-Specific seats on specified bodies are to be interviewed by a Board Committee. The IOC made a determination that it would conduct interviews for At Large seats on the following bodies: Retirement Board, Fire Advisory Commission, Integrated Pest Management Advisory Committee, Planning Commission, Treasury Oversight Board, Airport Land Use Commission, Aviation Advisory Committee and the Fish & Wildlife Committee; and that screening and nomination fill At Large seats on all other eligible bodies would be delegated each body or a subcommittee thereof.

BACKGROUND: (CONT'D)

The purpose of the TOC is to review the County's investment policy; regularly monitor the County Investment Pool's performance; and report on the pool's performance to the Board of Supervisors.

The TOC is composed of two ex-officio and seven appointed members: the County Treasurer; the Auditor-Controller; one representative appointed by the Board of Supervisors; the County Superintendent of Schools or designee; one representative selected by a majority of the presiding officers of the governing bodies of the school districts and the community college district in the county; one representative selected by a majority of the presiding officers of the legislative bodies of the special districts in the county that are required or authorized to deposit funds in the County Treasury; three members of the public, a majority of whom shall have expertise in, or an academic background in, public finance and who shall be economically diverse and bipartisan in political registration.

Attached is a memo from Treasurer-Tax Collector Russell Watts transmitting the nomination of Scott Anderson, Chief Business Officer at the San Ramon Valley Unified School District, to replace retiring Chris Learned, to the County, School District, and Community College District seat on the Treasury Oversight Committee. The nominee to this seat is selected by a majority of the presiding officers of the governing bodies of the school districts and the community college district in the County.

The Internal Operations Committee reviewed and approved this nomination at a special meeting held on July 27, 2015.