HomeMy WebLinkAboutMINUTES - 01162007 - C.44 5-----L
TO: Contra O: BOARD OF SUPERVISORS -=- ,� �--_�,.
FROM: William J. Pollacek, Treasurer-Tax Collector nj
0. "'',nom r Costa
DATE: January 16, 2007
County
SUBJECT: Treasurer's Investment Report as of September 30, 2006 e-. V(
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
Accept the Treasurer's Investment Report as of September 30, 2006.
FISCAL IMPACT: None
BACKGROUND/REASON (S) FOR RECOMMENDATION (S):
Government Code Section 53646 requires the County Treasurer to prepare quarterly
reports to the Board of Supervisors describing County investments including type, cost,
par value, and market value. Attached please find the report covering the period of
July 1 , 2006 through September 30, 2006. Section 3 of the balance of the report is an
appendix with financial data, which is available for reference at the Clerk of the Board's
Office.
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CONTINUED ON ATTACHMENT: —L� YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDAT11WOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BI(R APPROVED AS RECOMMENDED k—'OTHER
VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT
COPY OF AN ACTION TAKEN AND ENTERED ON MINUTES OF
`___`UNANIMOUS(ABSENT THE BOARD OF SUPERVISORS ON THE DATE SHOWN.
�V ��� )
AYES: NOES:
ABSENT: ABSTAIN:
Contact:
Cc: Treasurer-Tax Collector's Office ATTESTED ✓a Cf / o2-d-C7
JOHN CULLEN,CLERK OF-THE BOARD OFSUPERVISORS
AND COUNTY DMINISTRATOR
BY: DEPUTY
CONTRA COSTA COUNTY
TREASURER'S QUARTERLY INVESTMENT REPORT
AS OF SEPTEMBER 30, 2006
EXECUTIVE SUMMARY
• The Treasurer's investment portfolio is in compliance with
Government Code 53600 et. seq..
The Treasurer's investment portfolio is in compliance with the
Treasurer's current investment policy.
• The Treasurer's investment portfolio has no securities lending,
reverse repurchase agreements or derivatives.
• The total investment pool equaled $2,055,219,728 on
September 30, 2006. The fair value was $2,057,683,122
which was 100.12% of cost.
• The weighted average maturity of the total investment pool
was 75.67 days. More than 93 percent of the portfolio or over
$1 .916 billion will mature in less than a year. The County is
able to meet its cash flow needs for six months.
Alword\executiv.sum
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NOTES TO INVESTMENT PORTFOLIO SUMMARY AS OF SEPTEMBER 30, 2006
1. All report information is unaudited but due diligence was utilized in its preparation.
2. There may be slight differences between the portfolio summary page and the attached
exhibits and statements for investments managed by outside contractors or trustees. The
variance is due to the timing difference in recording transactions accomplished by
contracted parties during interim periods and later transmitted to the appropriate county
agency and/or the Treasurer's Office. In general, the Treasurer's records reflect booked
costs at the beginning of a period.
A:Notes
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