To: Board of Supervisors
From: Treasurer-Tax Collector
Meeting Date: January 2, 2018
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Department Contact: |
Shari L. Schapmire |
Phone: |
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 2018
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Recommended Action/Motion:
recommendation
Approve the Mendocino County Investment Policy for calendar year 2018 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 10, 2017
Summary of Request:
The Mendocino County Investment Policy is being submitted herewith; this policy is in conformance with all pertinent Government Codes. Per Government Code section 53646, the Treasurer may annually render to the Board of Supervisors 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 policies.
Supplemental Information Available Online at: N/A
Fiscal Impact:
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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 |
Annual Recurring Cost: N/A |
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Supervisorial District: All |
Vote Requirement: Majority |
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Agreement/Resolution/Ordinance Approved by County Counsel: N/A
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CEO Liaison: Chamise Cubbison, 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: Nadia Tipton |
Final Status: Approved |
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Date: January 4, 2018 |
Executed Item No.: N/A |
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Note to Department: |
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Executed Documents Returned to Department: Originals _____ Copies _____ Hand Delivered ___ Interoffice Mail ___ Executed Agreement Sent to Auditor? Y/N |
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