The Treasury currently has $898 million on deposit at a low point and over $1.2 billion as a high point. These monies are held in various investments consisting of treasury notes and bills, other government bonds and money market instruments.
Treasurer's Review Panel
Background (California Government Code Section 27130)
The Placer County Treasurer's Review Panel was created in 1995 to provide oversight in the investment of public funds. The Treasurer's Review Panel reviews and approves the Treasurer’s Investment Policy. The Panel is also responsible for causing an annual compliance audit of the Treasurer’s investment operations, and for reviewing the findings of the audit.
At semiannual meetings of the Panel, the Treasurer’s monthly investment reports are reviewed, as well as, earnings rates and investment costs.
The Panel members are appointed by the Board of Supervisors to represent the depositors in the Treasury. Depositors include the county’s school districts, the County and certain special districts.
Although not required by law, the Placer County Treasurer's Review Panel operates pursuant to California Government Code section 27130.
Placer County Schools Representative
County School Boards Representative
Placer County Supervisor
Special Districts Representative
Placer County Treasurer-Tax Collector
Secretary to the Committee
Placer County Auditor-Controller
Placer County, County Counsel
The Treasurer's Review Panel has established regular meetings (unless otherwise posted) as 9:00 a.m. on the third Thursday of February and August at the Finance and Administration Building, 2976 Richardson Drive, Auburn, CA 95603.
Unclaimed Money - Heirs Trust