Title
Annual Update to Investment Policy
Overview
The Treasurer is presenting the Orange County Transportation Authority’s Investment Policy for 2018. The Investment Policy sets forth the investment guidelines for all funds invested on and after June 11, 2018. As recommended under California Government Code Section 53646(a)(2), the Orange County Transportation Authority is submitting its Investment Policy to be reviewed at a public meeting. Further, the governing body of a local agency has the authorization to appoint, for a period of one year, a Treasurer to invest, reinvest, purchase, exchange, sell, or manage public funds.
Recommendation(s)
A. Adopt the 2018 Investment Policy.
B. Authorize the Treasurer to invest, reinvest, purchase, exchange, sell, and manage Orange County Transportation Authority funds during fiscal
year 2018-19.