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File #: 25-6009   
Type: Orange County Transportation Authority Item Status: Passed
File created: 1/14/2025 In control: Finance and Administration Committee
On agenda: 5/14/2025 Final action: 5/14/2025
Title: Annual Update to Investment Policy
Sponsors: Robert Davis, Andrew Oftelie
Attachments: 1. Transmittal, 2. Staff Report, 3. Attachment A, 4. Attachment B

Subject

title

Annual Update to Investment Policy

overview

Overview

The Treasurer is presenting the Orange County Transportation Authority’s Proposed Fiscal Year 2025-26 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 2025-26 Investment Policy to be reviewed at a public meeting.

recommendation

Recommendation(s)

A.                     Adopt the Fiscal Year 2025-26 Investment Policy July 1, 2025.

 

B.                     Authorize the Treasurer, to invest, reinvest, purchase, exchange, sell, and manage Orange County Transportation Authority funds during fiscal year 2025-26.