HomeMy WebLinkAboutMINUTES - 07291986 - 1.39 -19
TO: BOARD OF SUPERVISORS ¢
FROM: Phil Batchelor tra
County Administrator Cx)sta
DATE'. July 21, 1986 1. ourty
SUBJECT: County Investment Policy
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION•
Acknowledge receipt of report for period June 1, 1986 through
June 30, 1986 from County Treasurer-Tax Collector, pursuant to
Government Code Section 53646, . commenting on County investment
policy and identifying specific investments currently held by the
Treasurer.
BACKGROUND:
SB 115 (Chapter 1526, Statutes of 1985) became effective January
1 , 1986. SB 115 amended Government Code Section 53601, 53635 and
53646 relating to funds of local agencies to require the
Treasurer to annually render a statement of investment policy to
the . Board of Supervisors, and then to file a monthly report with
the County Administrator and Board of Supervisors. detailing
investments made by the Treasurer.
The Treasurer has complied with the provisions of SB 115. We
herewith. transmit a copy of the monthly report as of June 30, .
1986 . We will continue to file these reports with the Board on a
monthly basis.
CONTINUED ON ATTACHMENT: X YES SIGNATURE:
_X RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
_ APPROVE OTHER
SIGNATURE(S): n�o�
ACTION OF BOARD ON ')Ill�/ 2Q, 19186 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
F UNANIMOUS (ABSENT ' AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISOR ON THE DATE SHOWN.
CC: County Administrator ATTESTED
County Treasurer PHIL ATCHEL , CLERK OF THE BOARD OF
County Auditor SUP RVISORS AND COUNTY ADMINISTRATOR
BY ,DEPUTY
M382/7-83