To: Board of Supervisors
From: Treasurer-Tax Collector
Meeting Date: January 26, 2021
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Department Contact: |
Shari L. Schapmire |
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234-6884 |
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Item Type: Consent Agenda |
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Time Allocated for Item: n/a |
Agenda Title:
title
Approval of Mendocino County Investment Policy for Calendar Year 2021
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Recommended Action/Motion:
recommendation
Approve the Mendocino County Investment Policy for Calendar Year 2021, as submitted.
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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 21, 2020.
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, as well as provided to all pool participants.
Alternative Action/Motion:
Approve the Investment Pool Policy as presented and provide suggestions for inclusion in future policy.
Supervisorial District: All
vote requirement: Majority
Supplemental Information Available Online At: N/A
Fiscal Details:
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source of funding: n/a |
budgeted in current f/y: N/A |
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current f/y cost: n/a |
if no, please describe: |
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annual recurring cost: n/a |
revenue agreement: N/A |
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budget clarification:
Agreement/Resolution/Ordinance Approved by County Counsel: N/A
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CEO Liaison: Darcie Antle, Deputy CEO |
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CEO Review: Yes |
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CEO Comments:
FOR COB USE ONLY
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Executed By: Atlas Pearson, Deputy Clerk I |
Final Status:Approved |
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Date: January 27, 2021 |
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