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In This Section:


Treasury Oversight Committee Notices


    (a) Establishment. A Treasury Oversight Committee for the City and County of San Francisco (referred to hereafter in this Chapter as "Committee") is hereby established as an advisory body to the Treasurer. The Committee shall consist of five members. The members of the Committee shall be nominated by the Treasurer and confirmed by and serve at the pleasure of the Board of Supervisors.

    (b) Purpose. The Committee is established to involve depositors of funds into the City and County Treasury in reviewing the policies for investment of surplus funds that guide the management of their funds and to enhance the security and investment return on those funds by providing a more stable and predictable balance for investment by establishing criteria for the withdrawal of funds.

    (Added by Ord. 316-00, File No. 001911, App. 12/28/2000)
SEC. 10.80-2. DUTIES

The duties of the Committee shall be the following:
    (a) Review and monitor the investment policy described in Government Code Section 27133 and annually prepared by the County Treasurer;

    (b) Cause an annual audit to be conducted to determine the Treasurer's compliance with Government Code Article 6 including Sections 27130 through 27137 and with this ordinance. The audit may examine the structure of the investment portfolio and risk;

    (c) Nothing herein shall be construed to allow the Committee to direct individual decisions, select individual investment advisors, brokers, or dealers, or impinge on the day-to-day operations of the Treasurer.

    (Added by Ord. 316-00, File No. 001911, App. 12/28/2000; amended by Ord. 291-10, File No. 101099, App. 11/18/2010)
    (a) The Committee shall consist of members drawn from the following:
      (1) The County Treasurer;
      (2) The County Controller;
      (3) A representative appointed by the Board of Supervisors;
      (4) The County Superintendent of Schools or his/her designee;
      (5) The Chancellor of the Community College District or his/her designee;
      (6) Members of the public:
        (A) A majority of which shall have expertise in, or an academic background in, public finance, and
        (B) The combination of who shall be economically diverse and bipartisan in political registration.

    (b) Conditions for Membership.
      (1) A member of the Committee may not be employed by an entity that had contributed to a reelection campaign of the Treasurer or a member of the Board of Supervisors in the previous three years.
      (2) A Committee member may not directly or indirectly raise money for the County Treasurer or a member of the Board of Supervisors while a member of the Committee.
      (3) A Committee member may not secure employment with bond underwriters, bond counsel, security brokerages or dealers, or with financial services firms for three years after leaving the Committee.
(Added by Ord. 316-00, File No. 001911, App. 12/28/2000)


Each member of the Committee shall serve for a term of four years.

(Added by Ord. 316-00, File No. 001911, App. 12/28/2000)

SEC. 10.80-5. COSTS

The cost of complying with the requirements of this ordinance, including the cost of establishing and maintaining the Committee and of the audit shall be County charges and may be included with those charges enumerated under Government Code Section 27013.

(Added by Ord. 316-00, File No. 001911, App. 12/28/2000)

Agenda Minutes
January 30, 2015  
October 24, 2014 October 24, 2014
July 25, 2014 July 25, 2014
May 2, 2014 May 2, 2014
February 7, 2014 February 7, 2014
October 25, 2013 October 25, 2013
July 26, 2013 July 26, 2013
April 26, 2013 April 26, 2013
January 25, 2013 January 25, 2013
October 19, 2012 October 19, 2012
July 27, 2012 July 27, 2012
April 20, 2012 April 20, 2012
January 27, 2012 January 27, 2012
October 27, 2011 October 27, 2011
  October 21, 2011
July 14, 2011 July 14, 2011
April 22, 2011 April 22, 2011
January 28, 2011 January 28, 2011
October 29, 2010 October 29, 2010
July 23, 2010 July 23, 2010
April 23, 2010 April 23, 2010
January 22, 2010 January 22, 2010
October 16, 2009 October 16, 2009
July 17, 2009 July 17, 2009
April 17, 2009 April 17, 2009
March 13, 2009 "Note Room Change" October 17, 2008
January 23, 2009
August 4, 2008
January 18, 2008 January 18, 2008
September 28, 2007 September 28, 2007
June 1, 2007 June 1, 2007
November 3, 2006 November 3, 2006
May 26, 2006 May 26, 2006
February 3, 2006 February 3, 2006
October 21, 2005 October 21, 2005
April 7, 2005 April 7, 2005
April 16, 2004 April 16, 2004
December 11, 2003 January 16, 2004


January 30 2015

October 24, 2014
July 25, 2014
May 2, 2014
February 7, 2013
October 25, 2013


City Hall, 1 Dr. Carlton B. Goodlett Place, is wheelchair accessible. The closest accessible BART Station is Civic Center, three blocks from City Hall. Accessible MUNI lines serving this location are: #47 Van Ness, and the #71 Haight/Noriega and the F Line to Market and Van Ness and the Metro stations at Van Ness and Market and at Civic Center. For more information about MUNI accessible services call 923-6142.

There is accessible parking in the vicinity of City Hall at Civic Center Plaza and adjacent to Davies Hall and the War Memorial Complex.

The following services are available when requests are made by 12:00 p.m. of the Friday before the Committee meeting. Providing at least 48 hours' notice will help to ensure availability. For American Sign Language interpreters, use of a reader during a meeting, sound enhancement system, or for a large print copy of agenda or minutes in alternative formats, call (415) 554-7500.

In order to accommodate persons with severe allergies, environmental illness, multiple chemical sensitivity or related disabilities, attendees at public meetings are reminded that other attendees may be sensitive to various chemical based products.


The ringing of and use of cell phones, pagers and similar sound-producing electronic devices are prohibited at this meeting. Please be advised that the Chair may order the removal from the meeting room of any person(s) responsible for the ringing or use of a cell phone, pager, or other similar sound-producing electronic devices.

January 2014

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Last updated: 2/13/2015 4:08:18 PM