The Office of the Treasurer is responsible for the receipt, custody, depository, investment, and recording of funds for the County, school districts, and voluntary pool participants such as special districts. The primary goal of the office is the safety of public funds closely followed by liquidity ensuring that funds are available when needed. Responsibilities also include issuance of short-term debt on behalf of the County and school districts. Finally, the office acts as trustee in connection with unclaimed property and attempts to get funds back to their rightful owners and is responsible for the issuance, billing, collection, redemption, and foreclosure of improvement bonds.
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:
Apportionment Yields and Basis Point Fees
Pooled Funds Credit Ratings
Fitch Rating
Standard and Poor's (S&P) Ratings and Profiles
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.
The application period for new Broker/Dealers is currently closed. If you are interested in applying, please email us at ocinvestments@ttc.ocgov.com, 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:
Voluntary Participants
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. The Treasurer operates this $8 billion investment portfolio in the public interest by consolidating banking and investment activities, reducing duplications, achieving economics of scale and carrying out consolidated investment strategies. 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 investment objectives of the Treasurer 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.
If you are interested in becoming a Voluntary Participant, please review the Orange County Investment Pool information - Overview of Pool & Interest Earnings Allocation, and contact Treasurer Shari Freidenrich via e-mail at Shari.Freidenrich@ttc.ocgov.com for more information.
Click Here for a list of Voluntary Participant Forms and Enabling IPS language.
Pool Information
Broker-Dealer Application Period Now Open
The application period is open and will close on December 15, 2024. Please email us at treasurer@ttc.ocgov.com or ocinvestments@ttc.ocgov.com if you have any questions.
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