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Home > Citizen Committees > Investment Oversight Committee

Investment Oversight Committee

 
◊  Bylaws 
 

Responsibility:
Reviews, reports, and recommends changes in investment practices of Leon County; reviews the County's portfolio activity for compliance with the investment plan; reviews investment policies and makes recommendations to the Board for amendments. 

Created By:
Ch. 2 Art. VII, Sec 2-256, Code of Laws (Ord. 93-3, 4/13/1993) 

Appointments:
3 appointed members:
2 - appointed by the Board of County Commissioners
1 - appointed by the Clerk of Court
Additional members:
County Administrator or designee, Ex-officio (voting)
Clerk of Courts or designee, Ex-officio (voting)
Clerk's Finance Director - provides investment advisory services - Not appointed, non-voting 

Terms:
3-year terms expiring on July 30. Members may be reappointed two times per IOC 2002 bylaws. 

Eligibility Criteria:
The three appointed members shall have experience in matter involving portfolio management or institutional fixed income investments. They shall be residents of Leon County and can not be employed by any office of Leon County government.

Note: Appointed members may not engage in any private financial dealings with the County directly related to the County's investment operations during their tenure on the Committee and for a period of two (2) years thereafter. 

Schedule:
As needed, but at least quarterly in February, May, August, and November. Meetings are usually held 12:30-1:30 pm in Finance Conference Room 750 on the 7th floor of the Leon County Government Annex (formerly the Bank of America Building), 315 S. Calhoun St. Tallahassee, FL 

Type of Report:
Quarterly Performance Reports are submitted to the IOC Committee 30 days after the close of each quarter.
A report is prepared and submitted to the Board annually for the period ending September 30. 

Contact Person/Staff:
Norma Parrish,Treasury Manager
Clerk of Circuit Court & Comptroller
301 S. Monroe Street #100
Tallahassee, FL 32301
850-606-4043
Email: NBParrish@LeonCountyFL.gov 

Members:

Kramer, Michael

 

Begin Term: 7/13/2016
End Term: 7/31/2019
Type: three years

 

Original Date: 7/13/2010


Appointed by:
Board of County Commissioners

 

Notes:

 

Ross, Scott
Financial Stewardship/OMB Director

 

Begin Term: 7/9/2013
Type: unlimited

 

Original Date: 7/31/2000


Appointed by:
Board of County Commissioners

 

Notes: Ex-officio voting member
County Administrator's designee

 

Watkins, Ben
SOF, SBA, Division of Bond Finance

 

Begin Term: 7/13/2016
End Term: 7/31/2019
Type: three years

 

Original Date: 7/13/2016


Appointed by:
Board of County Commissioners

 

Notes:

 

Inzer, Bob
Clerk of the Court

 

Begin Term: 7/31/2006
Type: unlimited

 

Original Date: 7/31/2000


Appointed by:
Clerk of Court

 

Notes: Clerk of the Court

Replaced Mike Bristol

 

Reid, David

 

Begin Term: 8/1/2014
End Term: 7/31/2017
Type: three years

 

Original Date: 8/1/2014


Appointed by:
Clerk of Court

 

Notes: