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HomeMy WebLinkAboutMINUTES - 03152005 - C84 s L TO: BOARD OF SUPERVISORS �E--. �---��' Contra FROM: William J. Pollacek, Treasurer-Tax Collector S. Costa DATE: March 15, 2005COUIz'� Cou my SUBJECT: TREASURER'S INVESTMENT REPORT THROUGH DECEMBER 31, 2004 SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATION: ACCEPT the report from the Treasurer-Tax Collector on County investments as of December 31, 2004. BACKGROUND/REASON (S) FOR RECOMMENDATION (S): Government Code section 53646 requires the County Treasurer to prepare and submit 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 October 1 , 2004 through December 31, 2004. 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. WJP:mb 0 9 11 fle 155'6rd ATTACHMENT: YES SIGNATURE: �%� 00,4406 RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMEND AT OF BOARD COMMITTEE APPROVE OTHER SIGNATURES ACTION OF BA ON APPROVED AS RECOMMENDED �CC OTHER VOTE OF SUPERVISORS 1 HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY Or AN ACTIONTAKEN AND ENTERED ON MINUTES OF �/' THE BOARD OF SUPERVISORS ON THE DATE SHOWN. /� UNANIMOUS(ABSENT AYES: NOES: ABSENT: ABSTAIN: Contact: Cc: Treasurer-Tax Collector's Office ATTESTED JOHN SWEETEN,CLERK OF THE BOARD OFSUPERVISORS A COUNTY ADMINISTRATOR BY: ,DEPUTY • a 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 $1,995,411,995 on December 31, 2004. The fair value was $1,993,817,882 which was 99.92% of cost. • The weighted average maturity of the total investment pool was 59.26 days. Over 94.2 percent of the portfolio or over $1,880 million will mature in less than a year. The County is able to meet its cash flow needs for a few months. A:lwordlexecutiv.sum 1 \ \ � 0 -0-01 0 °op0 �0+r�� t 0�� 0 0 0 0 0 0 0 0-0- 0 0p 0 .o•�► -OR, o N � � � � � O O c N U) � co CO d' O N co S COO N 0 N co O N r J d' O N C3) C'� 'd' N O V r O O N N d' O O C� T r r 0 0 0 `C� M O O O N r u ui LL LL o °O. o M Or T CNS O CNh O N O D M O M CM CO r O co C F)) 0 0 1 0 r CY) r W O M 00 I` 00 0) coLf) r- N OC\l r` c0 0 � Q) O c0 t[3 00 Lcn pOj rnCV) O c0 N 00 0 O COY? O T- O CMO �t COCw ' a00w 00 a0Ow N rn�t d- cO� 00 Q O O � CO�ceCiw O m O N OO O O N N tet' �[?CA O O p N O r LO M 0 rn O d• ti 0 0 r o) � O obi ,- � '� CD 00 LNr3 t a� °) v) ca O co � dN w w 0 C NOO w . wNwwwC� MrwOw w LL 1N Ul) � C) I` M N � T O 0 0 0 0 CO O O O O O O O N N CNO M M rn O O N CO C\j It 0 rn W O $. p) .. $g. $g. $g. $$. N N C\lpO GO Ln O CV O O �p c0 J ° N O 0 0 4 0 0 0 Ch O M N ►L r M M 0 O w w w w w w w w w w w w J ; r 1`O N CA O p�j O N $ $ $ N N M N LO o O C� LO O CO Q N N T ° ti r r r O O .- t OOw CNO �O :r coo M a0 C"� 0 N O �. O N CV) CD O. ~ 00 �[} M 00 .- w ti C N N to r M opw N a; �w� O ~ � O) �t r- d' C'7 0 0 d N N *- T T W $ 00 0) 00 COO r N O O M COO M d' O N CIt CD ND. O cM 0 0 0 N 4 WT- °0o nc2 °c�i 8 00o1'. � � �„ o c06 ` � 0LO OD LO °3 000 rn w Ch �-- d• 1.1) 11'1 CO N w $ LQ r tD CA O O) `d' O CA N to w N Ch //� w w w w w w w w w w w w w w 0 T• w w w w w w 0 .• V) CO 1.13 CQ CO N r O O 1` O p Ch LO N O N LO $ O 00 LO C) (y O r Z W COO r g Ln CO M I� /O� �C/O� O CAO N O N/� /� �'". /N� 'r- CO M 00 V r 00 LO O C3) r w 00 L11 V 00 Md . O } w w w ,. .. w M w w w w w • w w w w w .• C) O o0 c ( 00 00 M 1� 1.13 r 11? r p) N C � d• Z '� N r to 00 N NMN O r M r 00 Or r T V 0 L Cn O LO cr. (ALM N 4C 4 o r V 9 c C4 m 15 9 o � Z9 o = V Q v _ E y = m N m •y '� a) O 4.8 CL 0 0 5 >% 9 - 4 4) E Q .a ... a� O oLonz '� a � V) CIS d c ° = ° v� cid a) Q •c O Z — i � V m � m � a� Qa- o = E ° zz •c ,v m v U ev ty g- Q ev •v c •� v Z ca Q .u OC a m 4) — o = Z 2 '� � s � rn � ~ cm $ ami � � E �? � $ � � � •$LL U. L.L LL L.L. > >"Can � a� va� zcIM 0 � � i= v� y o a r C r CV ci = Cd V 2 t NOTES TO INVESTMENT PORTFOLIO SUMMARY AS OF DECEMBER 31,2004 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 3