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C.124
To: Board of Supervisors
From: Russell Watts, Treasurer-Tax Collector
Date: September  8, 2020
The Seal of Contra Costa County, CA
Contra
Costa
County
Subject: ADOPTION OF THE QUARTERLY INVESTMENT REPORT AS OF 6/30/2020

APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE

Action of Board On:   09/08/2020
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:     September  8, 2020
David Twa,
 
BY: , Deputy

 

RECOMMENDATION(S):

ACCEPT the Treasurer's Quarterly Investment Report (the "Report") as of June 30, 2020, as recommended by the County Treasurer-Tax Collector.

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







BACKGROUND: (CONT'D)
please find the report for the period April 1, 2020 through June 30, 2020.  
  
As of June 30, 2020, the par value, cost, and market value of Contra Costa County Investment Pool were $3,980,596,638.00, $3,973,515,227.17, and $3,998,000,222.94 respectively. The weighted yield to
maturity was 0.88% and the weighted average days to maturity were 282 days.  
  
As of June 30, 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 has sufficient liquidity to meet its obligations for the next six months.

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