Orange County Transportation Authority - File #: 22-4194

• File #: 22-4194
• Type: Orange County Transportation Authority Item
• Status: Passed
• File created: 4/29/2022
• In control: Finance and Administration Committee
• On agenda: 6/8/2022
• Final action: 6/13/2022
• Title: Annual Update to Investment Policy
• Sponsors: Robert Davis, Andrew Oftelie

Date	Action By	Action	Result
6/13/2022	Board	approved and passed
6/8/2022	Finance and Administration Committee	approved for the Board - Consent	Pass

Title

Annual Update to Investment Policy

Overview

The Treasurer is presenting the Orange County Transportation Authority’s Proposed Fiscal Year 2022-23 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 2022-23 Investment Policy to be reviewed at a public meeting.

Recommendation(s)

A.                     Adopt the Fiscal Year 2022-23 Investment Policy July 1, 2022.

B.                     Authorize the Treasurer, to invest, reinvest, purchase, exchange, sell, and manage Orange County Transportation Authority funds during fiscal year 2022-23.