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File #: 24-0104    Version: 1 Name:
Type: Approval Status: Consent Agenda
File created: 1/10/2024 In control: Auditor-Controller
On agenda: 1/23/2024 Final action:
Title: Approval of Mendocino County Investments Policy for Calendar Year 2024
Attachments: 1. Mendocino County INVESTMENT POLICY 2024 FINAL, 2. Mendocino County Chandler Review Memo, 3. Staff Report for Investments and Policy 01.23.24
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO: BOARD OF SUPERVISORS
FROM: Auditor-Controller Treasurer-Tax Collector
MEETING DATE: January 23, 2024


DEPARTMENT CONTACT:
Sara Pierce
PHONE:
707-234-6860


ITEM TYPE: Consent Agenda

TIME ALLOCATED FOR ITEM: N/A


AGENDA TITLE:
title
Approval of Mendocino County Investments Policy for Calendar Year 2024
End

RECOMMENDED ACTION/MOTION:
recommendation
Approve the Mendocino County Investments Policy for Calendar Year 2024.
End

PREVIOUS BOARD/BOARD COMMITTEE ACTIONS:
The investment Policy covering investment of all funds of Mendocino County, County Schools, and certain County Special Districts is presented annually for approval by the Board of Supervisors and was last adopted on January 24, 2023.

SUMMARY OF REQUEST:
The Mendocino County Investment Policy is being submitted herewith for approval by the Board of Supervisors. This policy is in conformance with all pertinent California Government Codes. Per Government Code section 53646, the Treasurer may annually render to the Board a statement of investment policy, which the Board shall review and approve at a public meeting.

Once approved by the Board, the Mendocino County Investment Policy will be accessible to all interested parties on the County website.


ALTERNATIVE ACTION/MOTION:
Do not accept and provide alternate direction

STRATEGIC PLAN PRIORITY DESIGNATION: An Effective County Government

SUPERVISORIAL DISTRICT: ALL

VOTE REQUIREMENT: Majority



SUPPLEMENTAL INFORMATION AVAILABLE ONLINE AT: https://www.mendocinocounty.org/government/collections/treasurer-tax-collector/investment-holdings

FISCAL DETAILS:
SOURCE OF FUNDING: N/A
CURRENT F/Y COST: N/A
BUDGET CLARIFICATION: N/A
ANNUAL RECURRING COST: N/A
BUDGETED IN CURRENT F/Y (IF NO, PLEASE DESCRIBE): N/A
REVENUE AGREEMENT: No
AGREEMENT/RESOLUTION/ORDINANCE APPROVED BY COUNTY COUNSEL: N/A
CEO LIAISON: Darcie Antle, CEO
CEO REVIEW: Yes
CEO COMMENTS:

FOR COB USE ONLY
Executed By: Atlas Pearson, Senior D...

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