Contra Costa County Header
File #: 24-0999    Version: 1 Name:
Type: Consent Item Status: Passed
File created: 3/26/2024 In control: BOARD OF SUPERVISORS
On agenda: 4/9/2024 Final action: 4/9/2024
Title: ACCEPT the Treasurer’s Investment Policy for the Fiscal Year 2024-2025 as revised and adopted on March 19, 2024, as recommended by the Treasury Oversight Committee.
Attachments: 1. CCC Investment Policy FY 24-25_final

To:                                          Board of Supervisors

From:                                          Dan Mierzwa, Treasurer-Tax Collector

Report Title:                     TREASURER’S ANNUAL INVESTMENT POLICY FOR THE FISCAL YEAR 2024-2025

Recommendation of the County Administrator Recommendation of Board Committee

 

RECOMMENDATIONS:

ACCEPT the Treasurer’s Investment Policy for the Fiscal Year 2024-2025 as revised and adopted on March 19, 2024 by the Treasury Oversight Committee.

 

 

 

FISCAL IMPACT:

 

None.

 

BACKGROUND:

 

Pursuant to Government Code Section 27133, at the March 19, 2024 Treasury Oversight Committee meeting, the Committee approved and recommended the acceptance of the attached revised policy. The policy incorporates greater detail of cash management and investment guidelines of surplus funds delegated for investing and reinvesting by the County Treasurer. Copy of the Treasurer's Investment Policy for Fiscal Year 2024 - 2025 is submitted to the Board of Supervisors for review and acceptance.

 

 

CONSEQUENCE OF NEGATIVE ACTION: