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ITEM: |
ADMINISTRATIVE
COMMITTEE |
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5. |
CONSIDER APPROVAL OF THIRD QUARTER FISCAL YEAR 2010-11 INVESTMENT
REPORT |
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This report originally prepared for the May 9, 2011 cancelled meeting. |
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Meeting
Date: |
May
9, 2011
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Budgeted:
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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
By: |
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Cost Estimate: |
N/A |
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General Counsel Review:
N/A
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Committee Recommendation: The Administrative Committee considered this
item on May 9, 2011 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 5-A is the report for the quarter ending
March 31, 2011. 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 May 9, 2011 meeting and voted _ to _ to recommend ___________.
5-A Investment Report as of March 31, 2011
U:\staff\word\committees\Admin\2011\20110509\05\item5.docx