To: Board of Supervisors
From: Dan Mierzwa, Treasurer-Tax Collector
Report Title: TREASURER’S ANNUAL INVESTMENT POLICY FOR THE FISCAL YEAR 2025-2026
☒Recommendation of the County Administrator ☐ Recommendation of Board Committee
RECOMMENDATIONS:
ACCEPT the Treasurer’s Investment Policy for the Fiscal Year 2025-2026 as revised and adopted on March 18, 2025, by the Treasury Oversight Committee.
FISCAL IMPACT:
None.
BACKGROUND:
Pursuant to Government Code Section 27133, at the March 18, 2025, 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 2025-2026 is submitted to the Board of Supervisors for review and acceptance.
CONSEQUENCE OF NEGATIVE ACTION: