To: Board of Supervisors
From: Dan Mierzwa, Treasurer-Tax Collector
Report Title: APPOINTMENT OF SPECIAL DISTRICT REPRESENTATIVE TO THE TREASURY OVERSIGHT COMMITTEE
☒Recommendation of the County Administrator ☐ Recommendation of Board Committee
RECOMMENDATIONS:
REAPPOINT Philip Leiber to the Category 2 Seat, a statutory member representing Contra Costa County special districts on the Treasury Oversight Committee. Term: May 1, 2026 - April 30, 2030.
FISCAL IMPACT:
None.
BACKGROUND:
The Board of Supervisors established the Treasury Oversight Committee on November 14, 1995, pursuant to Chapter 5, Article 6 of the California Government Code. The purpose of the Treasury Oversight Committee is to review and monitor the County Treasurer's annual investment policy, and to ensure an annual audit is conducted to determine the County's compliance with the investment policy.
The Committee will be composed of seven statutory members and three alternates. The Committee members are in three different categories as follows:
Category 1: Appointed officials (two statutory members and one alternate). Category 1 appointed
members are the County Superintendent of Schools or his or her designee and a representative and an alternate of the Board or their designee.
Category 2: Elected members (two statutory members and two alternates). Category 2 includes one representative and one alternate elected by a majority of the school and community college districts; and one representative and one alternate elected by a majority of the special districts.
Category 3: Public members (three statutory members). Category 3 includes representatives from the public nominated by the County Treasurer and confirmed by the Board.
Philip Leiber, Deputy General Manager-Administration, Central San, was reappointed by the Contra Costa Special Districts Association to fill the Special District’s Representative seat on the Treasury Oversight Committee for the term of 5/1/2026 - 4/30/2030. Mr. Leiber was nominated by the membership at their July 15, 2026 general meeting.
CONSEQUENCE OF NEGATIVE ACTION:
There would be no continuous representation of the special districts in the County on the Treasury Oversight Committee in accordance with Contra Costa County TOC Bylaws.