Public Funds

The Office of the Treasurer-Tax Collector (TTC) acts as the Treasurer for all county public funds and for other depositors in the County Treasury. By law, the Treasurer is also the banker for the County, the Community College and School Districts and other Special Districts in the County, overseeing all treasury and banking aspects of public funds that are received from taxes, fees, grants and bond proceeds. The Treasurer is responsible for ensuring the timely deposit of all public funds and executing any related contracts for any deposit and investment of funds, which provides for consolidated banking that reduce duplication and achieve economies of scale. The Treasurer is also the holder of many unclaimed funds, including deceased estates and excess proceeds from landlord sales and is the County's Escrow Agent holding funds on deposit under agreements with various federal government agencies. Additionally, TTC is responsible for the billing and collecting of all property taxes in Orange County and payment to over 200 agencies' portion of the property tax and is responsible for all property tax collection activities, including conducting tax sales of tax-defaulted properties as needed and filing liens and related claims for uncollected property taxes.

Treasurer's Monthly Investment Report

The Treasurer's Monthly Investment Report for the County of Orange is produced and distributed the 15th of each month, for the previous month. The information provided includes that information required by State law or local resolutions. In addition, other information provided such as charts and graphs are for informational purposes to assist readers in understanding the County’s Investment portfolio. The Standard & Poor's (S&P) Fund Profiles for the County's two AAA rated Money Market Funds can be accessed on the links below. For more information on this report & to review current and past reports, please click on the link below:

Treasurer's Monthly Investment Report
Ownership of Pooled Funds - Orange County Investment Pool and Orange County Educational Investment Pool

Public Fund Investing Objectives

The Treasurer’s foremost objective in investing public funds is to ensure that public funds are invested in a manner that provides for maximum security of principal and preservation of capital, while conforming to all Federal, State and local laws, statutes and resolutions for investment of public funds. The second objective is to maintain sufficient liquidity to enable participants to meet their operating cash flow needs. Liquidity is essential to the safety of principal. The third and least important objective is to obtain a market rate of return throughout budgetary and economic cycles within the investment policy risk parameters and cash flow needs.

See County of Orange California Investment Policy at ceo.ocgov.com/finance-office.
County Of Orange Gift Ban Ordinance

The application period for new Broker/Dealers is currently closed. If you are interested in applying, please email us at ocinvestments@octreasurer.gov, and once we are accepting applications, we will contact you to submit one.

Treasury Oversight Committee (TOC)

The Treasury Oversight Committee (TOC) was established by the County of Orange Board of Supervisors on December 19, 1995 by Resolution No. 95-946. The committee reviews and monitors the annual investment policy prepared by the Treasurer in accordance with Section 27133. For more information regarding TOC, including bylaws, minutes & meeting schedules, please click on the link below:

Treasury Oversight Committee

Voluntary Participants

On February 25, 2025, the Board of Supervisors terminated the Voluntary Pool Participant Program (VPP).

Voluntary Participants are local government agencies in Orange County (i.e., Special Districts and Cities,) who choose to invest in the County’s investment portfolio if the Board of Supervisors has approved this program to be active. The VPP program is currently inactive. The investment portfolio operates in the public interest by consolidating banking and investment activities, reducing duplications, achieving economics of scale and carrying out consolidated investment strategies. When the program is active, agencies who invest with the County Treasurer benefit significantly from these economies of scale, which result in lower investment costs, high quality assets and daily liquidity through pooled investment activities.

The primary public funds investment objectives are to safeguard principal and to maintain the liquidity needs of the County and other depositors. Government Code Section 27000.1 clarified the status of local government voluntary investment pool participants should a County file for bankruptcy. It states that participant funds are not the funds or assets of the County, and the relationship is not one of creditor-debtor. All funds are recorded individually in separate accounts.

The Voluntary Participant Program is not active at this time. You can review the Orange County Investment Pool information - Overview of Pool & Interest Earnings Allocation, and contact Treasurer Shari Freidenrich via e-mail at Shari.Freidenrich@octreasurer.gov for more information.

Click Here for a list of Voluntary Participant Forms and Enabling IPS language. - Currently inactive