Treasury Oversight Committee

TOC Bylaws, Meeting Agendas and Minutes

Purpose 

The Board of Supervisors established the Treasury Oversight Committee on January 1, 1996 with the purpose to:

  • Review the county's investment policy,
  • Regularly monitor the county investment pool's performance,
  • Report on the pool's performance to the board of supervisors, and
  • Ensure an annual audit is conducted to determine the County Treasurer's compliance with Government Code Section 27130-27137

Membership

Membership of the Treasury Oversight Committee consists of the following:

  • VACANT, Board of Supervisor Representative (2016 to 2020)
  • VACANT, Alternate Board of Supervisor Representative (2016 to 2020)
  • Bill Clark, County Superintendent of Schools Designee (2016 to 2020)
  • Julie Bautista, County School and Community College Districts Representative (2016 to 2020)
  • Christine Rea, Alternate School and Community College Districts Representative (2016 to 2020), Committee Vice Chair 
  • Stanley Caldwell, Special District Representative (2018 to 2022)
  • VACANT, Alternate Special District Representative (2018 to 2022)
  • Edgar Grubb, Public Representative, Seat 1 (2018 to 2022), Committee Chair 
  • Dennis Reigle, Public Representative, Seat 2 (2018 to 2022)
  • John Phillips, Public Representative, Seat 3 (2016 to 2020)

Members volunteer to serve on the committee for a four-year term. Members do not receive any compensation for their service.

Meetings Meetings are held quarterly on the third Tuesday of the month at 3:00 pm at:
625 Court Street
Room B001
Martinez, CA 94553

Calendar

  • February 18, 2020
  • May 19, 2020
  • August 18, 2020
  • November 17, 2020

The committee allows local agencies, including school and special districts, as well as the public, to participate in reviewing the policies that guide the investment of public funds. These funds are invested by the County Treasurer under the authority granted annually by ordinance at the direction of the Board of Supervisors. The mandate for the existence of the committee was suspended in 2004 by the State of California; however, the committee serves an important function and the Treasurer's Office has elected to continue the program.