The C/CAG Finance Committee was established to provide oversight of the C/CAG investment portfolio. Per the C/CAG Investment Policy adopted on Oct 10, 2013:
“The portfolio should be analyzed not less than quarterly by the C/CAG Finance Committee, and modified as appropriate periodically as recommended by the Finance Committee and approved by the C/CAG Board, to respond to changing circumstances in order to achieve the Safety of Principal.”
The Finance Committee seeks to provide a balance between the various investments and maturities in order to give C/CAG the optimum combination of Safety of Principal, necessary liquidity, and optimal yield based on cash flow projections.
Notice for the February 26, 2025 C/CAG Finance Committee MeetingTime: 9:00 A.M. Primary Location: San Mateo City Hall, 300 w. 20th Ave, San Mateo, CA 94403 (Conference Room A) Public Comment: Persons who wish to address the C/CAG Finance committee members at this meeting are asked to submit comments in writing to kwever@smcgov.org by 7:00 AM on Wednesday, February 26, 2025. Detailed information on how to submit comments is provided in the meeting agenda. Public comment during the meeting will also be accepted. Detailed information is in the meeting agenda. Join by Zoom Webinar: TBD Meeting ID: TBD Password: TBD Join by Phone: TBD Meeting ID: TBD Password: TBD |
Upcoming Meetings
2025 Finance Committee Calendar
CCAG Investment Policy 2025 revised
None at this time.Past Meetings
Meeting | Agenda | Minutes |
---|---|---|
December 1, 2021 | Agenda | Minutes |
Additional Meeting Materials: 7 A1 CCAG Financial Statements FY21, 7 A2 CCAG Memo Internal Control and Required Com FY21, 8A A1 CCAG Single Audit FY21, 8B A1 CCAG Measure M Audit FY21, 8C A1 CCAG TDA Audit FY21 | ||
October 18, 2021 -SPECIAL- | Agenda | Minutes |
August 25, 2021 | Agenda | Minutes |
Additional Meeting Materials: 8 A1 CCAG Signed Rpt of 2021 Valuation & (Prelim) FYE 2022 GASB 75 Info, 9 A2 CALPERS Actuarial Valuation June 30, 2019- Amortization Schedule and Alternatives (full document) | ||
May 12, 2021 | Agenda | Minutes |
Additional Meeting Materials: 7 Attachment 4 - Draft Budget Workbook | ||
February 24, 2021 | Agenda | Minutes |
Additional Meeting Materials: Finance Committee Description_2020 |
Staff Support
Kim Wever – kwever@smcgov.org (650) 599-1451
Committee Members
Jurisdiction | Member |
Burlingame | Donna Colson (Committee Chair) |
East Palo Alto | Carlos Romero |
San Bruno | Michael Salazar (C/CAG Vice Chair) |
San Carlos | Adam Rak (C/CAG Chair; Committee Vice Chair) |
Hillsborough | Marie Chuang |