Agenda

Return

C. 78

To:	Board of Supervisors
From:	Russell Watts, Treasurer-Tax Collector
Date:	August 2, 2016

Contra

Costa

County

Subject:

Treasurer's Investment Policy for the Fiscal Year 2016-2017

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 08/02/2016

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
Federal D. Glover, District V Supervisor

Contact:

Brice Bins, (925) 957-2848

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 2, 2016
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

ACCEPT the Treasurer’s Investment Policy for the Fiscal Year 2016-2017 as revised and adopted on May 17, 2016 by the Treasury Oversight Committee.

FISCAL IMPACT:

None

BACKGROUND:

Pursuant to Government Code Section 27133, at the May 17, 2016 Treasury Oversight Committee meeting, the Committee approved and recommended the acceptance of the attached revised policy. The policy incorporates greater detail of cash management and investment guidelines of surplus funds delegated for investing and reinvesting by the County Treasurer. Copies of the Treasurer's Investment Policy dated June 2016 are submitted to the Board of Supervisors for review and acceptance