|
ADMINISTRATIVE
COMMITTEE |
||||
|
|
||||
|
3. |
CONSIDER APPROVAL OF FIRST QUARTER FISCAL YEAR 2009-10 INVESTMENT
REPORT |
|||
|
|
||||
|
Meeting
Date: |
January 20, 2010 |
Budgeted: |
N/A |
|
|
|
||||
|
From: |
Darby
Fuerst, |
Program/ |
N/A |
|
|
|
General
Manager |
Line Item No.: |
||
|
|
||||
|
Prepared
By: |
|
Cost Estimate: |
N/A |
|
General Counsel Review: N/A |
||||
Committee Recommendation: The Administrative Committee considered this item on January 20, 2010 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
3-A is the report for the quarter ending September
30, 2009. 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 20, 2010 meeting and voted _ to _ to recommend ___________.
3-A Investment Report as of September 30, 2009
U:\staff\word\committees\Admin\2010\20100120\03\item3.doc