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ADMINISTRATIVE
COMMITTEE |
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2. |
CONSIDER APPROVAL OF FIRST QUARTER FISCAL YEAR 2008-2009 INVESTMENT
REPORT |
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Meeting
Date: |
January 14, 2009 |
Budgeted: |
N/A |
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From: |
Darby
Fuerst, |
Program/ |
N/A |
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General
Manager |
Line Item No.: |
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Prepared
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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 14, 2009 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 2-A is the report for the quarter
ending September 30, 2008. 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 14, 2009 meeting and voted _ to _ to recommend ___________.
2-A Investment Report as of September 30, 2008
U:\staff\word\committees\Admin\2009\20090114\02\item2.doc