Agenda

Return

C.145

To:	Board of Supervisors
From:	Russell Watts, Treasurer-Tax Collector
Date:	September 7, 2021

Contra

Costa

County

Subject:

ADOPTION OF THE QUARTERLY INVESTMENT REPORT AS OF 06/30/21

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 09/07/2021

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 7, 2021
Monica Nino, County Administrator

BY:	, Deputy

RECOMMENDATION(S):

ACCEPT the Treasurer's Quarterly Investment Report as of June 30, 2021, 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 please find the report covering the period April 1, 2021 through June 30, 2021.

BACKGROUND: (CONT'D)

As of June 30, 2021, the par value, cost, and market value of Contra Costa County Investment Pool were $4,466,158,060.26, $4,463,290,554.24, and $4,470,029,326.85 respectively. The weighted yield to maturity was 0.35% and the weighted average days to maturity were 300 days.

As of June 30, 2021, 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 cash flow needs for the next six months.