OC San Receives Certified Distinction for Its Investment Policies

Fountain Valley, Calif. – The Orange County Sanitation District (OC San) is proud to announce that it has received an Investment Policy Certification from the California Municipal Treasurers Association (CMTA). CMTA’s Investment Policy Certification program began in 2012 with the support from the California Debt and Investment Advisory Commission. It is open to all government agencies within the State of California including special districts, cities, and countries. “As a public agency, we make every effort to be diligent and comprehensive in our investments. This certification reaffirms our efforts to maintain these high standards,” stated Lorenzo Tyner, OC San Assistant General Manager.

OC San has earned this certification three times. To receive certification, OC San’s policy must adhere with the State of California Government Code and meet the program requirements within 18 different topic areas deemed to be best practices for investment policies such as delegation of authority, internal controls, performance standards, reporting, investment policy adoption, ethics and conflicts of interest.

“One of the most important responsibilities we have is to provide an accurate and transparent account of our rate payers costs and how we use these funds, stated Chad P. Wanke, OC San Board Chairman. I am proud of our financial team because they strive for excellence every day.”

About OC San

OC San is a public agency that provides wastewater collection, treatment, and recycling for approximately 2.6 million people in central and northwest Orange County. OC San is a special district that is governed by a 25- member Board of Directors composed of 20 cities, four special districts, and one representative from the Orange County Board of Supervisors. OC San has two operating facilities that treat wastewater from residential, commercial, and industrial sources. For more information, please visit www.ocsan.gov.

About CMTA

CMTA was founded in 1958 by Municipal Treasurers from both Northern and Southern California whose primary interest was to improve their function in local Government. CMTA is a professional organization governed by active public officials who are representatives of their own local governmental units. For more information, please visit www.cmta.org.