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ADMINISTRATIVE
COMMITTEE |
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3. |
CONSIDER APPROVAL OF FIRST QUARTER 2007-08 INVESTMENT REPORT |
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Meeting
Date: |
January 15, 2007 |
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 considered this item on January 15, 2007 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 3-A is the report for the quarter
ending September 30, 2007. 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 January 15, 2007 meeting and voted __ to __ to recommend _______________.
3-A Investment Report as of September 30, 2007
U:\staff\word\committees\Admin\2008\20080115\03\item3.doc