Investment Pool Oversight Committee


Committee Members

  • Peter Durfee
    • 2nd District Supervisor
    • Butte County Board of Supervisors' Representative
  • Graciela Gutierrez
    • Butte County Auditor-Controller
  • Travis Haskill
    • BCOE Senior Director of Fiscal Services
    • Superintendent of Schools' Representative
  • Susan Watts
    • OUHSD Assistant Superintendent of Business
    • School Districts' Representative
  • Maritza Sandoval
    • Butte County Special Districts' Representative

Advisory Members

  • Troy Kidd
    • Butte County Treasurer-Tax Collector
  • Kiley Patterson
    • Butte County Assistant Treasurer-Tax Collector
    • Acting Secretary

Committee Overview

The role of an oversight committee is to provide feedback and guidance reflecting the perspectives of the investment pool participants and the public. A Treasury Oversight Committee (TOC) was initially established by Resolution 96-43; however, the mandate for that Committee was suspended in 2004 by the State of California. Government Code 27130, which established parameters for a TOC, required an annual audit of the committee's compliance with the Brown Act and the investment policy's compliance with pertinent Government Code. The audits conducted over the past 10+ years have revealed no exceptions to policy, but carried an annual cost of $6500+/−.

On November 10, 2015, the Board of Supervisors dissolved the Treasury Oversight Committee, rescinded Resolution 96-43 and established the Investment Pool Oversight Committee by Resolution Number 15-163. The new Committee is not subject to Government Code 27130 et seq., is authorized to create its own by-laws, and is subject to the Brown Act. The committee meets at least twice annually to review the investment policy, identify concerns, and review investment performance.

Investment Pool Oversight Committee By-Laws (PDF)

Committee Agenda and Meeting Minutes

Browse the committee agenda and meeting minutes.

Compliance Audits

Browse the compliance audits by year.