Public Comments Public comments may be submitted pursuant to the instructions noticed in the meeting agenda, which will be available at least 72 hours prior to the meeting.
Live and Archived Audio NEW: Listen to the live and recorded Board and Committee meetings in the "Video/Audio" column below.
Title
Orange County Transportation Authority Investment and Debt Programs Report - August 2019
Overview
The Orange County Transportation Authority has a comprehensive investment and debt program to fund its immediate and long-term cash flow demands. Each month, the Treasurer submits a report detailing investment allocation, performance, compliance, outstanding debt balances, and credit ratings for the Orange County Transportation Authority’s debt program. This report is for the month ending August 31, 2019. During the month of August, one investment manager purchased a security that was not in compliance with the Investment Policy. As a result of the compliance violation, the investment manager was put on probation for one year per the requirements of the Investment Policy.
Recommendation(s)
Receive and file as an information item.