Treasury Oversight Committee
Evaluates and monitors local agency investment to ensure safe and high rate of return on public assets
Meetings & LOCATION
January, April and October, 12:00 PM - 1:00 PM, ending time varies
Tax Collector-Treasurer's Conference Room
555 County Center, 1st Floor
Redwood City, CA 94063
|Denise Porterfield||Member||01/25/2011||School Superintendent|
|Jim Saco||Member||10/27/2008||County Budget Director|
|John Marty||Member||01/12/2010||Treasurer, City of San bruno|
|Margie Gustafson||Alternate||01/25/2010||School Superintendent|
|Reyna Farrales||Alternate||Deputy County Manager|
|Stephanie Osaze||Member||01/13/2014||Bay Area Quality Managment District|
|Sandie Arnott||Member||01/24/2011||San Mateo County Treasurer-Tax Collector|
|Daneca Halvorson||Member||10/20/2014||Treasurer, City of Daly City|
|Helen Fisicaro||Member||10/20/2014||Councilmember, Town of Colma|
County Treasurer, County Auditor, Auditor-Controller, or Finance Director, a representative appointed by the Board of Supervisors, the County Superintendent of Schools or their designee, a representative selected by a majority of the presiding officers of the governing bodies of the school districts and community college districts of the county, up to five public members nominated by the Treasurer and confirmed by the Board of Supervisors, one member selected by the Presidents of the various School Boards, a representative selected by a majority of the presiding officers of the legislative bodies of the special districts in the county that required or authorized to deposit funds in the county treasury.
Except for the designated members, all serve at the pleasure of their appointing agency.
To evaluate general strategies and to monitor results and shall include in its discussions the economic outlook, portfolio diversification, maturity structure and potential risks to the funds. To review and monitor the Investment Policy prepared by the Treasurer of the County and approved by the Board of Supervisors. An annual audit is prepared by Macias, Gini, & O’Connell LLP related to investment compliance. Also, the committee reviews the monthly and quarterly reports of investment pool fund; cash flow reports for the funds, including projections for revenue inflows, maturing securities and interest earnings, and other reports relevant to the operations of the Treasurer’s Office.
Board of Supervisors
Government Code Section 27130 etc.; Resolution 60737 adopted November 26, 1996