Orange County Transportation Authority - File #: 23-4746

• File #: 23-4746
• Type: Orange County Transportation Authority Item
• Status: Reported to Board - Consent
• File created: 1/12/2023
• In control: Finance and Administration Committee
• On agenda: 5/10/2023
• Title: Annual Update to Investment Policy
• Sponsors: Robert Davis, Andrew Oftelie

Date	Action By	Action	Result
5/22/2023	Board
5/10/2023	Finance and Administration Committee

Title

Annual Update to Investment Policy

Overview

Overview

The Treasurer is presenting the Orange County Transportation Authority’s Proposed Fiscal Year 2023-24 Investment Policy. The governing body of a local agency is required to annually renew the delegation of authority for the Treasurer to invest, reinvest, purchase, exchange, sell, or manage public funds for a period of one year. Additionally, and as recommended under California Government Code Section 53646(a)(2), the Orange County Transportation Authority is submitting its Proposed Fiscal Year 2023-24 Investment Policy to be reviewed at a public meeting.

Recommendation(s)

Recommendations

A.                     Adopt the Proposed Fiscal Year 2023-24 Investment Policy July 1, 2023.

B.                     Authorize the Treasurer, to invest, reinvest, purchase, exchange, sell, and manage Orange County Transportation Authority funds during fiscal year 2023-24.