Date:
November 17, 2026 11
To: Board of Supervisors
Title
Delegation of Investment Authority to the Treasurer-Tax Collector and Approval of the Investment Policy (Districts: All)
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Overview
Annually, the County of San Diego Board of Supervisors (Board) is requested to take two actions regarding the San Diego County Investment Pool. These actions include, first, the annual delegation of investment authority to the Treasurer-Tax Collector and, second, review and approval of the San Diego County Treasurer’s Pooled Money Fund Investment Policy.
Today’s actions will delegate investment authority to the Treasurer-Tax Collector for the calendar year 2027 and approve the amended San Diego County Treasurer’s Pooled Money Fund Investment Policy.
Body
Recommendation by Treasurer-Tax Collector:
Adopt the Resolution titled: RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF SAN DIEGO RELATING TO DELEGATING INVESTMENT AUTHORITY TO THE COUNTY TREASURER-TAX COLLECTOR?
Review and approve the San Diego County Treasurer’s Pooled Money Fund Investment Policy, as amended.
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Equity Impact Statement
The County Treasurer follows State of California legislated parameters and exercises fiduciary authority for the investment of the funds of the county and the funds of other depositors in the county treasury. The County Treasurer must manage public monies in a way that is consistent with its objectives of safety and liquidity, prudent investment practices and not solely to maximize returns. The investment function benefits the public because the investment earnings provide incremental funding for programs and services.
Sustainability Impact Statement
The Treasurer-Tax Collector is committed to the County of San Diego’s sustainability goals. To promote just and equitable access to the County’s investment process, the County Treasurer utilizes an approved list of brokerage firms to purchase securities. A competitive request for information is conducte...
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