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ITEM: |
CONSENT
CALENDAR |
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6. |
CONSIDER APPROVAL OF FIRST QUARTER INVESTMENT REPORT |
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Meeting
Date: |
December 13, 2004 |
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 December 6, 2004 and recommended ___________________. |
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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 6-A is the report for the quarter
ending September 30, 2004. 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 matter at its December 6, 2004 meeting and voted __ to __ to recommend _________. This item will be approved if it is adopted with the Consent Calendar.
6-A Investment Report for the quarter ending September 30, 2004
U:\staff\word\committees\Admin\20041206\06\item6.doc