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55D - RESO STATEMENT INVESTMENT POLICY
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55D - RESO STATEMENT INVESTMENT POLICY
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7/12/2018 5:34:00 PM
Creation date
7/12/2018 5:26:38 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
55D
Date
7/17/2018
Destruction Year
2023
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19.0 POLICY REVIEW, CERTIFICATION, AND ADOPTION <br />19.1 Policy Review <br />This Statement of Investment Policy shall be reviewed at least annually to ensure <br />its consistency with the overall objectives of preservation of PRINCIPAL, <br />LIQUIDITY, AND YIELD, and to: 1) reflect changes in applicable California state <br />codes, 2) maintain its relevance to current financial and economic trends, and 3) <br />meet the needs of the City of Santa Ana. <br />19.2 Policy Review <br />Annually, this Statement of Investment Policy will be submitted to the Association of <br />Public Treasurers of the United States and Canada and the California Municipal <br />Treasurers Association for review and certification. <br />19.3 Adoption <br />The Executive Director for FMSA shall annually render this Statement of <br />Investment Policy to the City Council and City Manager. The City Council shall <br />annually review and adopt this Statement of Investment Policy by resolution at a <br />public meeting. <br />20.0 APPENDICIES & GLOSSARIES <br />20.1 California Investment Code Abstracts -Appendix I. <br />20.2 California Local Agency Investment Guidelines - Appendix II. <br />20.3 Glossaries of Terms <br />Appendix III. (Glossary of Referenced Terms - City of Santa Ana Investment Policy <br />& Related California Codes) <br />Appendix IV. (Glossary of Additional Common Public Local Agency Investment <br />Terms) <br />Submitted to the Santa Ana City Council for approval, this 17th day of July. 2018. <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />RP:WH <br />City of Santa - Annual July 11 2018 - <br />Statement of Investment Policy dr) � 7 June 30, 2019 <br />
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