|
ADMINISTRATIVE
COMMITTEE |
||||
|
|
||||
|
4. |
CONSIDER APPROVAL OF SECOND QUARTER FISCAL YEAR 2008-09 INVESTMENT
REPORT |
|||
|
|
||||
|
Meeting
Date: |
February 17, 2009 |
Budgeted: |
N/A |
|
|
|
||||
|
From: |
Darby
Fuerst, |
Program/ |
N/A |
|
|
|
General
Manager |
Line Item No.: |
||
|
|
||||
|
Prepared
By: |
|
Cost Estimate: |
N/A |
|
|
|
||||
General Counsel Approval: N/A |
||||
Committee Recommendation: The Administrative Committee considered this item on February 17, 2009 and recommended _____________. |
||||
|
CEQA Compliance: N/A |
||||
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 4-A is the report for the quarter
ending December 31, 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 February 17, 2009 meeting and voted _ to _ to recommend ___________.
4-A Investment Report as of December 31, 2008
U:\staff\word\committees\Admin\2009\20090217\04\item4.doc