HomeMy WebLinkAboutMINUTES - 09091986 - 1.75 TO BOARD OF SUPERVISORS
FROM: Phi]. Batchelor Contra
County Administrator CJ'IJJIGI
DATE'. August 28, 1986 C orny
SUBJECT: County Investment Policy
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
Acknowledge receipt of report for period July 1, 1986 through
July 31, 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 July 31,
1986 We will continue to file these reports with the Board on a
monthly basis.
CONTINUED ON ATTACHMENT: YES SIGNATURE: �.
X RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
_X APPROVE OTHER
SIGNATURE S . �'u
ACTION OF BOARD ON Seatemhec 9., 1986 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
1 HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS (ABSENT �L AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVI ON THE DATE SHDWN.
cc: County Administrator ATTESTED /M67County Auditor - -- J---
County Treasurer PHIL BATCHELOR, CLERK OF THE BOARD OF
SUPERVISORS AND COUNTY ADMINISTRATOR
BY
M382/7-83 ,DEPUTY