HomeMy WebLinkAboutMINUTES - 06212011 - C.102RECOMMENDATION(S):
ACCEPT the Treasurer’s Investment Policy as of June 2011, with changes adopted on May
17, 2011 by the Treasury Oversight Committee.
FISCAL IMPACT:
None.
BACKGROUND:
Pursuant to Government Code Section 27133, at the May 17, 2011 Treasury Oversight
Committee meeting, the Committee approved and recommended the acceptance of the
attached updated policy which incorporates recent legal changes and an updated Primary
Brokers list of the Federal Reserve.
Copies of the Treasurer's Investment Policy dated June 2011 are submitted to the Board of
Supervisors for review and acceptance.
CONSEQUENCE OF NEGATIVE ACTION:
APPROVE OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
Action of Board On: 06/21/2011 APPROVED AS RECOMMENDED OTHER
Clerks Notes:
VOTE OF SUPERVISORS
AYE:John Gioia, District I
Supervisor
Mary N. Piepho, District III
Supervisor
Karen Mitchoff, District IV
Supervisor
Federal D. Glover, District V
Supervisor
ABSENT:Gayle B. Uilkema, District II
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: June 21, 2011
David Twa, County Administrator and Clerk of the Board of Supervisors
By: June McHuen, Deputy
cc:
C.102
To:Board of Supervisors
From:Russell Watts, Treasurer-Tax Collector
Date:June 21, 2011
Contra
Costa
County
Subject:Treasurer's Investment Policy as of June 2011
The Treasurer-Tax Collector's Office will not be in compliance with Government Code
Section 27133.
CHILDREN'S IMPACT STATEMENT:
Not applicable.
ATTACHMENTS
Treasurer's Investment Policy