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ITEM: |
CONSENT
CALENDAR |
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3. |
CONSIDER APPROVAL OF FOURTH QUARTER 2004-05 INVESTMENT REPORT |
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Meeting
Date: |
September 19, 2005 |
Budgeted: |
N/A |
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From: |
David A.
Berger, |
Program/ |
N/A |
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General
Manager |
Line Item No.: |
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Prepared
By: |
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Cost Estimate: |
N/A |
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General Counsel Approval: N/A |
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Committee Recommendation: The Administrative Committee reviewed this item on September 6, 2005 and recommended approval. |
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CEQA Compliance: N/A |
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SUMMARY: The District’s investment policy requires
that each quarter the Board of Directors receive and approve a report of
investments held by the District.
Exhibit 3-A is the report for
the quarter ending June 30, 2005.
District staff has determined that these investments include sufficient
liquid funds to meet anticipated expenditures for the next six months. This portfolio is in compliance with the
current District investment policy, the California Government Code, and the
permitted investments of
RECOMMENDATION: The Administrative Committee considered this item at its September 6, 2005 meeting and voted 3 to 0 to recommend approval.
3-A Investment Report as of June 30, 2005
U:\staff\word\boardpacket\2005\2005boardpackets\20050919\ConsentClndr\03\item3.doc