The Cash Management Department is overseen by the Managing Officer, Cash & Investments, who, in turn, reports to the Chief Financial Officer, and the Investment Oversight Committee (IOC). The IOC is comprised of six members: three district personnel and three financial professionals from the local community. The three district personnel are: the Chief Financial Officer; the Director of Accounting; and the Director of Payroll.
The three members from the local financial community are: a former high-ranking official with the State Board of Administration; the former president of a community bank in Pinellas County; and an associate professor and chair with the College of Business Administration at the University of South Florida.
The IOC reviews the investment strategy of the Managing Officer, Cash & Investments, to ensure that it complies with the district's investment policy. The IOC also periodically reviews the district's investment policy and proposes changes, if needed.
The three members from the local financial community are: a former high-ranking official with the State Board of Administration; the former president of a community bank in Pinellas County; and an associate professor and chair with the College of Business Administration at the University of South Florida.
The IOC reviews the investment strategy of the Managing Officer, Cash & Investments, to ensure that it complies with the district's investment policy. The IOC also periodically reviews the district's investment policy and proposes changes, if needed.
