Minutes - Investment - 2003-07-09•
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COSTA MESA SANITARY DISTRICT
MINUTES OF INVESTMENT OVERSIGHT COMMITTEE MEETING
JULY 9, 2003
CALL TO ORDER The meeting was called to order at 4:32 p.m. by Director Ferryman.
ROLL CALL Committee Members Present:
Mr. Rob Hamers, District Manager
Director Jim Ferryman (rotating committee member)
Director Dan Worthington (rotating committee member)
Committee Members Absent:
None.
Staff Members Present:
Mr. Marc Puckett, Treasurer
Ms. Joan Revak, Clerk of the District
Mr. Bobby Young, Accounting Supervisor
TREASURER'S REPORT FOR THE MONTH AND QUARTER ENDED JUNE 30, 2003
Mr. Puckett presented the Treasurer's Report and discussed the recent
investing activity of the District. Discussion followed.
NEW BUSINESS 1. CMSD FINANCIAL STATEMENTS
Mr. Puckett indicated that this is a standing agenda item and presented
the financial statements for detailed discussion if there were questions.
Discussion followed.
2. STATE'S BUDGET DEFICIT— STATUS REPORT
Mr. Puckett discussed the status of the State's efforts to balance its
budget and eliminate the projected deficit. Discussion followed.
OPEN DISCUSSION There were no items discussed under open discussion
ADJOURNMENT The meeting adjourned at 4:56 pm
Secr ary, -iOsta Mesaary District resident, Costa s
-=Board of Directors Board of
District