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File #: 25-098    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 12/9/2024 Departments: TREASURER
On agenda: 1/28/2025 Final action:
Title: Adopt a resolution approving the 2025 San Mateo County Investment Policy Statement.
Attachments: 1. 20250128_r_investment policy statement.pdf, 2. 20250128_att_2025 Investment Policy.pdf

Special Notice / Hearing:                         None__

      Vote Required:                         Majority

 

To:                      Honorable Board of Supervisors

From:                      Sandie Arnott, Treasurer-Tax Collector

Subject:                      Approving the 2025 San Mateo County Investment Policy Statement

 

RECOMMENDATION:

title

Adopt a resolution approving the 2025 San Mateo County Investment Policy Statement.

 

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BACKGROUND:

Pursuant to Government Code § 53646, the Treasurer may annually render, to the Board of Supervisors and any Oversight Committee, a statement of investment policy which the Board shall review and approve at a public meeting.

 

DISCUSSION:

There are no changes to the 2025 Investment Policy.

 

The Treasurer will communicate the approved 2025 Investment Policy Statement to all pool participants and receive their written acknowledgement of the current version of the Investment Policy.

 

County Attorney has reviewed and approved the resolution as to form.

 

FISCAL IMPACT:

There is no Net County Cost associated with this item.