OJAI VALLEY SANITARY DISTRICT A Public Agency 1072 Tico Road, Ojai, California 93023 (805) 646-5548 • FAX (805) 640-0842 www.ojaisan.org MEETING OF THE FINANCE COMMITTEE Date & Time: Location: July 12, 2016 Members: OVSD Board Room Tuesday, 2:30 p.m. John R. (Jack) Curtis Peter M. Kaiser, Chairman AGENDA 1. Public Comment - (Items not on the aqenda - 3 minute limit) FOR DISCUSSION & RECOMMENDATION 2. Quarterly Review of District's Investments FOR DISCUSSION & REVIEW 3. General Discussion a. Audience b. Committee Members c. General Manager A staff report providing more detailed information is available for most agenda items, and may be reviewed in the District office during regular business hours. Copies of individual reports may be requested from Brenda Krout (646-5548). ATTEST TO POSTING: July 8, 2016 @ 11:30 a.m. Brenda Krout — C erk of the Board Date & Time Posted At District Office \\OVSD-ARCHIVE\My Documents\Committee Meetings\ Finance\2016\2016-07-12 \agenda.docx
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OJAI VALLEY SANITARY DISTRICT - ojaisan.org › am › pdf_2016 › Fin_p_7-12-16.pdf · 12/07/2016 · OJAI VALLEY SANITARY DISTRICT $ 18, 695, 962. 34 ML Gove rnmen t /Corp o ra
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Date & Time: Location: July 12, 2016 Members: OVSD Board Room Tuesday, 2:30 p.m.
John R. (Jack) Curtis Peter M. Kaiser, Chairman
AGENDA
1. Public Comment - (Items not on the aqenda - 3 minute limit)
FOR DISCUSSION & RECOMMENDATION
2. Quarterly Review of District's Investments
FOR DISCUSSION & REVIEW
3. General Discussion
a. Audience b. Committee Members c. General Manager
A staff report providing more detailed information is available for most agenda items, and may be reviewed in the District office during regular business hours. Copies of individual reports may be requested from Brenda Krout (646-5548).
ATTEST TO POSTING:
July 8, 2016 @ 11:30 a.m. Brenda Krout — C erk of the Board Date & Time Posted At District Office
To: Finance Committee — Bill Murphy, Peter Kaiser & Jack Curtis
From: Jeff Palmer — General ManageN
Subject: Quarterly Review of District's Investments
The District contracts with Sage Advisory Services, Inc. (through Morgan Stanley) to manage the District's investments.
Attached for your information are a few select sheets from both the Sage and Morgan Stanley monthly reports summarizing the District's net return. Both of these reports cov-er the month ending June 30, 2016.
District's financial advisor, Jack Oehmke, will be in attendance at your meeting, to review the investment information and to respond to your questions and/or concerns.
At your meeting, Mr. Oehmke will be presenting pages from the Portfolio Review he pro-duces which summarizes the District portfolio's performance from the month ending June 30, 2016 to performance since the inception of this portfolio with Morgan Stanley. This report will also show the District's net return on funds invested through Morgan Stanley for the quarter ending June 30, 2016, comparing it to the LAI F net return for the same period.
If you have any questions or need additional information please call me at 646-5548.
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